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  about SHCIL SHCIL- Demat SHCIL- Broking SHCIl- Clearing Members SHCIL- NRI SHCIL- Derivatives SHCIl- distribution
 
Inrtoduction
SHCIL is a Custodian/Professional Clearing Member of derivative segment at the Bombay Stock Exchange and at the Futures & Options Segment of the NSEIL respectively.
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We have developed in-house Back Office systems and procedures to cater to the needs of various entities in the segment. A dedicated team of professionals handle derivative operations and assist its clients.
As a professional clearing member, SHCIL performs the following functions:
  Clearing - Computing obligations of all his TM’s i.e. determining positions to settle.
   Settlement - Performing actual settlement.
  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.
 
 
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