Introduction
SHCIL is the first Professional Clearing Member of Commodity segment on the Multi Commodity Exchange (MCX) and National Commodity & Derivative Exchange (NCDEX).

SHCIL has a full fledged in-house back office systems and procedures to cater to the needs of trading members and other institutional / corporate clients in this segment. A dedicated team of professionals handles derivative operations and assists its clients.

As a professional clearing member, SHCIL performs the following functions:

Clearing - Computing obligations of all his TM’s i.e. determining positions to settle.

Settlement - Performing actual settlement.

Collateral Management - Collection of collateral (cash and cash/cash equivalents and setting up exposure limits for TMs and Institutional clients.

Risk Management - Setting position limits based on upfront deposits/margins for each TM and monitoring positions on a continuous basis.

 
Stock Holding Corporation of India Limited
Registered office - Mittal Court, 'B' Wing, 2nd Floor, 224 Nariman Point, MUMBAI 400 021

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