Transactions in derivatives by regulated institutional entities on electronic platforms

It has been decided to enable any institutional entity regulated by the RBI, SEBI, IRDAI, PFRDA and NHB to trade in interest rate swaps (IRS) on electronic trading platforms.

Reserve Bank of India, hereby specifies the Clearing Corporation of India Ltd (CCIL) as an approved counterparty for IRS transactions undertaken on electronic trading platforms where CCIL is the central counterparty.

Based on RBI circular dt 5/5/2016. For any further query in this regard please visit www.rbi.org.in ……… Poppy