Membership

Membership

• All the scheduled commercial Banks (excluding Local Area Banks & Regional Rural Banks), Standalone Primary Dealers, Mutual Funds, Insurance companies, Pension Funds, All India Financial Institutions (AIFIs), who are members of the Rupee Derivatives Guaranteed Settlement Segment of CCIL and have the approval from their respective sectoral regulators, are eligible to obtain membership and trade on the platform, subject to completion of documentation formalities.

• Retail Entities- like Corporates, FPIs (Foreign Portfolio Investors)/ FIIs (Foreign Institutional Investors), which are eligible to participate in Rupee Interest Rate Derivatives can join as Constituents via Clearing Member Model offered by CDSL.

• The trading activities on ASTROID trading platform are governed by Bye-laws, Rules and Regulations of CDSL and Regulations of Rupee Derivatives Dealing Segment.