NSE launches India’s first Debt Trading Platform

May 15, 2013

India’s National Stock Exchange launched the India’s first Debt Trading Platform.
The newly launched Platform is yet to receive market regulator SEBI’s guidelines for allowing participation of mutual funds, insurance companies and pension funds. SEBI had recently approved NSE to launch the debt segment.
How will the Debt Trading Platform help the financial sector?

The platform will provide retail investors an opportunity to invest in corporate bonds on a liquid and transparent exchange platform. It is similar to RBI’s NDS-OM, where Government securities are traded on a transparent platform.

What is NDS-OM?

It is Negotiated Dealing System-Order Matching (NDS-OM) launched by RBI in 2005 in order to facilitate institutional investors to trade in government securities in a transparent manner.
It is an electronic, screen-based, order-driven trading platform designed exclusively for government securities. The platform is owned by RBI, but is maintained by the Clearing Corporation of India, or CCIL.

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