Milestone - ClearCorp
Milestone
FY 2025
| Date | Title |
|---|---|
| 07 Oct 2025 | Integration of Clearcorp’s FX-Retail platform with NBBL’s Bharat Connect platform to provide seamless onboarding and booking of forex transactions through various banking and third-party applications |
| 10 Sep 2025 | Launch of OPTIX (ETP) along with Clearing and Settlement of USD INR Fx Option trades. |
| 17 March 2025 | Launch of MMIFOR trading on ASTROID platform. |
FY 2024
| Date | Title |
|---|---|
| 18 March 2024 | Go-live of FX-Clear new version (post-merger with FX-Swap platform) w.e.f. March 18, 2024. |
FY 2023
| Date | Title |
|---|---|
| 03 April 2023 | CCIL commenced guaranteed settlement to all the trades referenced to the Modified MIFOR benchmark. |
FY 2022
| Date | Title |
|---|---|
| 07 Nov 2022 | Launch of the new version of FX-Clear platform enabling members to trade in the FBIL USD/INR Reference Rate (R-Spot). |
FY 2021
| Date | Title |
|---|---|
| 29 Nov 2021 | Launch of the new version of FX-Retail Platform with facility to Rollover and Early Deliver outstanding Forward Contracts. |
FY 2020
| Date | Title |
|---|---|
| 05 Oct 2020 | Clearcorp introduced ‘Request for Quote’ (RFQ) dealing mode for secondary market trading in the NDS-OM Platform. |
| 21 Sept 2020 | Facility to book Forward Contracts on the FX-Retail Platform operationalized. |
| 15 Feb 2020 | CROMS Web facilitating Direct Market Access for Gilt Account Holders to CROMS Order Book for Market Repos in Government Securities went live. |
FY 2019
| Date | Title |
|---|---|
| 25 Oct 2019 | ETP license received for NDS-OM, CROMS, NDS-CALL, ASTROID, TREPS, FX-CLEAR, FX-SWAP trading platforms. |
| 05 Aug 2019 | Launch of the FX-Retail forex trading platform. |
| 11 Mar 2019 | Implementation of the Voluntary Retention Route for FPIs and its monitoring at CCIL. |
FY 2018
| Date | Title |
|---|---|
| 05 Nov 2018 | Triparty repo trading operationalized on the Triparty Repo Order Matching Platform of Clearcorp Dealing Systems (India) Ltd. |
FY 2015
| Date | Title |
|---|---|
| 03 Aug 2015 | Launch of ASTROID, the Anonymous IRS Dealing System for trading in OTC rupee derivative trades. |
| 06 Apr 2015 | New version of FX-CLEAR and FX-SWAP Platform launched with CCIL as counter-party from point of trade concluded in Order Matching Mode, allowing members to trade on these platforms without any bilateral limits with various counter-parties. |
FY 2014
| Date | Title |
|---|---|
| 02 Jun 2014 | FIMMDA's F-TRAC platform consisting of reporting modules for capturing secondary market OTC trades in (i) Certificate(s) of Deposit; (ii) Commercial Paper(s) and/or (iii) Repo Transactions in Certificate(s) of Deposit, Commercial Paper(s) and/or Corporate Bonds transferred to Clearcorp |
FY 2012
| Date | Title |
|---|---|
| 29 Jun 2012 | The web-based NDS-OM module for online trading in secondary market for Government Securities by gilt account holders (GAH) was launched. The module permits internet-based direct participation of gilt account holders in secondary market for G-secs. |
| 21 Feb 2012 | The NDS-Auction Web Based Module was launched to facilitate direct internet based access to Gilt Account Holders to directly participate in Primary auctions of Gilts. |
FY 2011
| Date | Title |
|---|---|
| 01 Dec 2011 | The FIMMDA Integrated Reporting Platform (F-TRAC), developed and maintained by Clearcorp Dealing Systems (India) Ltd., launched. The platform is for reporting deals in Corporate bonds, Corporate bond Repo and CDs/CPs. |
| 08 Oct 2011 | Market Repos in STRIPS instruments now facilitated on CROMS New Version implemented effective 08 Oct '11. Several other functionality enhancements also form part of the CROMS New Version. |
FY 2010
| Date | Title |
|---|---|
| 31 May 2010 | Launch of FX-SWAP Dealing System an anonymous order driven matching system which allows trading in 15 Instruments; including 3 upto Spot instruments (namely, Cash-Tom, Tom-Spot & Cash-Spot) and 12 month-end Forward instruments i.e. Spot over Month 1 end to Month 12 end. FX-SWAP is the first of its kind platform which offers guaranteed settlement of forward trades from the point of trade. However, trades up to the spot leg are subject to bilateral limits. |
FY 2009
| Date | Title |
|---|---|
| 11 May 2009 | Version 2 of NDS Auction module went live to facilitate bidding in primary Dated Securities auctions. |
| 27 Jan 2009 | Clearcorp launched 'Clearcorp Repo Order Matching System' (CROMS), a STP enabled electronic anonymous order matching platform to facilitate dealing in market repos in government securities. CROMS facilitates dealing in two kinds of Repos viz. Basket Repos and Special Repos for T+0 and T+1 settlement tenors. |
FY 2007
| Date | Title |
|---|---|
| 10 Sept 2007 | Version 2.0 of NDS-CALL electronic screen-based quote driven dealing system for Call, Notice & Term money was launched. The enhancements include User hierarchy with multiple user levels with pre set role privileges and risk mitigation measures such as assigning Single Order Limit and setting up of exposure limits for Counterparties at various levels. |
| 21 May 2007 | Version 3.0 of the NDS-OM was launched enabling Odd Lot trading, trading of new securities in the When Issued market and trading of CSGL entities on this platform. |
FY 2006
| Date | Title |
|---|---|
| 18 Sept 2006 | NDS - CALL, an electronic screen-based quote driven dealing system for all Call, Notice and Term Money operations was launched. |
| 31 July 2006 | Version - 2.0 of the NDS - OM Trading Platform launched, enabling trading in Treasury Bills and the When Issued market. |
FY 2005
| Date | Title |
|---|---|
| 16 Aug 2005 | CBLOi (Internet Trading System for Non-NDS Members) commenced operations. |
| 01 Aug 2005 | RBI launched the anonymous screen based order matching trading module for govt. securities on its Negotiated Dealing System–Order Matching Segment (NDS-OM) with CCIL as the central counterparty to all deals. |
| 07 Feb 2005 | Started releasing intra-day comparitive money market rates of Call, Repo and CBLO markets on its website. |
FY 2004
| Date | Title |
|---|---|
| 15 Jun 2004 | Operationalised “Straight Through Processing” arrangement for settlement of foreign exchange trades done on FXCLEAR. |
| 05 Mar 2004 | Non-NDS Members commence trading on CBLO. |
FY 2003
| Date | Title |
|---|---|
| 07 Aug 2003 | Launch of Electronic Currency Dealing Platform “FX Clear” to facilitate inter-bank foreign exchange dealing. |
| 04 Jun 2003 | Set up a wholly owned Subsidiary Company – Clearcorp Dealing Systems (India) Pvt. Ltd. to manage dealing platforms in Money and Currency Markets. |
| 20 Jan 2003 | Launch of new Money Market Instrument – “Collateralised Borrowing and Lending Obligation” (CBLO) a repo variant with several unique features for NDS Members. |