Introduction of Straight Through Processing

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dergone through a rapid expansion during the last decade such as dematerialization, rolling settlement, shorter settlement cycles etc. Presently trades are settled in the stock exchanges on T+3 basis. Further, it is also decided to gradually move from T+3 settlement period to T+2 and T+1 settlement period by March 2004. The process of trade settlement starting from origination of trade till ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... intermediaries and from the Reserve Bank of India. The Committee in its report has observed and recommended the following : Markets throughout the world are continually looking for new investment opportunities. Foreign Investment into India will be determined, not only, on investment opportunity but also on the operational efficiency and risk profiles of the Indian market. Introducing a pro....