Securities Operations and Risk Management

Types of investors

Issuers

Intermediaries

Regulators and regulatory framework

Trade life cycle

Front office operations

• Client on-boarding and registration
• KYC
• Unique Client Code
• Order management
• Order routing through the exchange
• Execution of trade

Risk management practices

Surveillance mechanism

Back-office operations

• Client on-boarding and registration
• KYC
• Unique Client Code
• Order management
• Order routing through the exchange
• Execution of trade

Risk Management practices

Capital adequacy requirements

Client account control

Margin requirements

Compliances and regulatory reporting

Clearing process

Role of clearing agency in clearing of trades

Role of clearing banks in clearing of trades

Role of clearing members / Custodians in clearing of trades

Role of depositories and depository participants in clearing of trades

Clearing process for equities trading

Clearing process for derivatives trading

Settlement cycle

Settlement of Internet based trading and order placed on phone

Settlement of funds

Settlement of securities

Corporate actions adjustment

Auction of securities

Redressal of investor grievance

Procedure of arbitration

Role of appellate arbitration

Services provided by brokers

IPO applications

• Collection of IPO application forms
• ASBA facility

Mutual fund trading through stock exchange

Portfolio management services provided by brokers

Research reports

Depository services

Margin trading