Professional Clearing Member Services

ICICI Bank is a Professional Clearing Member (PCM) in Equity, Currency, Interest Rate Derivatives & Commodity segments at NSE, BSE, & MCX. The Bank offers fully integrated web-based risk management system for its Clearing Clients ensuring quick and reliable monitoring of available and required margin and position limits

The dedicated web module facilitates:

Margin Simulator for trade strategy

Real time TM level margin utilisation

Core strengths of PCM services are:

State-of-the-art Risk Management System

Acceptance of exchange approved securities as collaterals and exchange stipulated haircut.

Direct placement of G-Sec as margin

Customised reports: Limit utilisation, Margin movement, Daily activity summary etc.

Dedicated Client Relationship Personnel: Experienced Relationship Managers available for extended hours

API integration with Clearing Corporation for seamless trade flow resulting in efficient services

Client Collateral Details

With a view to providing visibility of client-wise collateral and in compliance with SEBI circular no. SEBI/HO/MRD2_DCAP/CIR/2021/0598 dated July 20, 2021, Clearing Corporations have provided a web portal facility to allow clients to view their disaggregated (segment wise and asset type wise break-up) collateral placed with Member and as reported by their registered Trading Member /Clearing Member. Investors would need to register themselves on these web portals of the clearing corporations in order to avail this facility.

In order to view the collateral details please find the below links:

Link for NSE Clearing Limited

https://investorhelpline.nseindia.com/ClientCollateral/welcomeCLUser

Link for Indian Clearing Corporation Limited

bseplus.bseindia.com/Login.aspx

Link for Multi Commodity Exchange Clearing Corporation Limited

https://clientreports.mcxccl.com/

Reference:

SEBI Circular: SEBI | Segregation and Monitoring of Collateral at Client Level

NCL Circular on showing web portal: CMPL63144.pdf (nseindia.com)

Procedure to view collateral details on NCL by clients: Procedure (Refer Annexure 2)

ICCL Circular: Notice Number (bseindia.com)