StockHolding facilitates in opening of Clearing Member Pool account to hold securities received from clients and deliver them to Clearing Corporations. A Pool account is used by the members to hold securities received from clients and deliver them to Clearing Corporations. A Clearing Member account shall consist of
Being one of the first Custodian across Exchanges and providing Custodial Services has been an integral part of the StockHolding Demat Services. We accept deposits of collaterals (bank guarantees, FD's, Demat shares) towards base capital and additional base capital requirements stipulated by exchange for Clearing Members trading on its capital market, Futures & Options, Currency Futures Derivative Segment. The experienced staff, vast branch network and technological strength, supported by high operating standards has ensured prompt service to our esteemed Clearing Members.
StockHolding is one of the leading Professional Clearing Member (PCM) in the Derivatives Segment of equity, commodity, currency and IRF in various Stock Exchanges including NSE, BSE, MCX, MSEI & ICEX. PCM services are offered to clients such as Trading Members, Domestic Corporate Bodies, Banks, Financial Institutions, Mutual Funds, NRIs, FPIs, AIFs, and HNIs. The services provided by StockHolding as a PCM are as follows;
Clearing – Computing obligations of all it’s TMs i.e. determining positions to settle.
Settlement – Performing actual settlement. Only funds settlement will be involved in Nifty and Sensex futures contracts.
Collateral Management – Collection of collateral (cash/cash equivalents and securities), valuation on a regular basis (as per J. R. Varma recommendations) and setting up exposure limits for TMs and Institutional clients.
Risk Management – Setting position limits based on up-front deposits/margins for each TM and monitoring positions on a continuous basis.
Reporting – In addition to the mandatory reporting, StockHolding provides customized reports to the clients.
To view the client-wise collateral details NCL vide circular reference number 29/2024, dated 30th July , 2024 has provided a link for Registration & Viewing the collateral data on their website i.e. NSCCL>Resources>Client Collateral Details>Web portal facility to clients.
Click here to check Client Collateral Details.
Segregation and Monitoring of Collateral at Client Level – In order to view the collateral details, Multi Commodity Exchange Clearing Corporation Limited (MCXCCL) vide circular reference number MCXCCL/INSP/256/2024, dated October 07, 2024 has provided a link for registration and viewing the collateral data on their website i.e. MCXCCL>Client Reports
Click here to check Client Collateral Details.
You can reach us anytime and avail of quick, efficient and uninterrupted services
Customised services and offering as per your needs helping you overcome challenges with ease
Effective Controls and Risk Management Mechanisms which ensures safety of your transaction.
Instant Margin Benefit, Higher Exposure, Efficient Collateral Management