NDS Call - ClearCorp
NDS CALL
Introduction
“Negotiated Dealing System- CALL” system allows members to negotiate bilaterally for borrowing and lending funds in Call/Notice/Term market. It provides equitable access to all members for dealing in money market. It is a form of Request for Quote system wherein in quotes can be asked/given to known counterparties. It automatically monitors regulatory limits as applicable to the member entity based on deals done in the system.
Features
- NDS CALL facilitates immediate and online dissemination of market information to all the market participants.
- NDS CALL monitors regulatory prudential borrowing and lending limits with each trade/quote entered by members in the system.
- NDS CALL facilitates online monitoring of Lending exposure limits
- NDS CALL provides a functionality of “Group Quote” wherein multiple members are given quote at the same time.
- NDS CALL facilitates calculation of benchmark MIBOR rates for various maturities.
Benefits
- Auto monitoring of Regulatory limits.
- Allows placement of group quotes; can negotiate with multiple counterparties at same time.
- Facilitates counterparty exposure limit setting.
- Online updation of market info.
