We are among the leading Professional Clearing Member service provider in India. We facilitate this through our DEMAT Clearing Member Pool account and Collateral Margin account services. We are also a proficient Custodian with NSCCL, Commodity Exchanges and MCX
Demat Clearing Member Account
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
- Pool account
- Delivery account
Custodial Margin Accounts
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.
Professional Clearing Member services
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.