AMC Repo Clearing 1Limited (ARCL)
Authors/Creators
- 1. Prof and Head Dept of Commerce Bundelkhand (PG) College (B.U.) Jhansi (U.P.)
Contributors
Editor:
Description
AMC Repo Clearing limited (ARCL) provided clearing and settlement for repo trades executed on repo market platforms at National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). ARCL is recognised by Securities and Exchange Board of India (SEBI) and approved by Reserve Bank of India (R.B.I.). It is structured as Limited Purpose (LP) Clearing Corporation and has been set up with support from buy-side firms seeking on avenue to finance their corporate debt holding and to improve liquidity in India Corporate debt markets. ARCL launched on July 28, 2023 and in financial year 2023-24 it worked 160 days with traded value Rs- 33778 crores. In Financial year 2024-25 it performed 241 days and traded Rs-297800 crs.
Files
180131.pdf
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