December 28, 2011

 

Press Release No. 1

NSCCL Rated “CCR AAA” for fourth consecutive year

For fourth consecutive year CRISIL has assigned its highest corporate credit rating of ‘CCR AAA’ to the National Securities Clearing Corporation Ltd (NSCCL). 'CCR AAA' rating indicates highest degree of strength with regard to honouring debt obligations. As per CRISIL the rating reflects NSCCL’s status as Clearing Corporation for NSE. The rating also factors in NSCCL’s rigorous risk management controls and adequate settlement guarantee cover.

 

CRISIL has further stated that NSCCL’s risk management system is comprehensive, and is regularly upgraded to pre-empt market failures. The company addresses risks in clearing and settlement with its stringent norms for selection of members, robust margining system, and risk-based position limits and surveillance mechanism.

 

 

Press Release No. 2

NSE completes its 2957th Normal Settlement

 

The Exchange has successfully completed its 2957th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2011243 on Dec 28, 2011. The settlement statistics are as follows:   

 

Particulars

 

 

N-2011243

Total traded quantity (lakhs)

3540.05

Total traded value (Rs. In Crores)

5134.96

Total value of the settlement (Securities) (Rs. In Crores)

1198.74

Total value of the settlement (Funds) (Rs. In Crores)

455.43

Shortages for the settlement

0.21%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

24.54%

 

Retail Debt Market has completed its 2230th settlement, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2011243

NIL

NIL

NIL