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List of authorised Electronic Trading Platforms (ETPs)

In terms of the Electronic Trading Platforms (Reserve Bank) Directions, 2018 dated October 05, 2018, no entity shall operate an electronic trading platform (ETP) for transactions in eligible instruments1 without obtaining prior authorisation of the Reserve Bank.

A. Information on authorisation granted under the Directions is tabled below2:

Sr No ETP Authorisation No. Name of the ETP Operator Name of the ETP Product(s) Web URL Contact Person
1 ETP1/CDSL/2019 Clearcorp Dealing Systems (India) Ltd. FX-CLEAR (including FX-RETAIL module)

i) Cash, Tom and Spot (including Customer Spot and Reference Rate Spot)

ii) Cash/Tom, Cash/Spot, Tom/Spot Swap instruments

iii) Month-end (Swap) instruments (Spot over month 1 end to month 12 end)

iv) Month end over Month end instrument (Month 1 end and Month 2 end)

v) Outright Forward instruments (Month 1 end over Month 2 end)

vi) Quarter end over Quarter start Swap instrument

vii) Non-Deliverable Forex Forward (USD/INR) instrument

viii) Rolling Month Forward Swaps instrument		 https://www.clearcorp.co.in Name: Kamal Singhania
Email: ksinghania@ccilindia.co.in
2 ETP2/CDSL/2019 Clearcorp Dealing Systems (India) Ltd. NDS-Call i) Call Money

ii) Notice Money

iii) Term Money		 https://www.clearcorp.co.in Name: K B Biju
Email: callmoneyhelpdesk@ccilindia.co.in
3 ETP3/CDSL/2019 Clearcorp Dealing Systems (India) Ltd. NDS-OM Government Securities https://www.clearcorp.co.in Name: K B Biju
Email: giltshelpdesk@ccilindia.co.in
4 ETP4/CDSL/2019 Clearcorp Dealing Systems (India) Ltd. CROMS Repo in Government Securities https://www.clearcorp.co.in Name: K B Biju
Email: croms@ccilindia.co.in
5 ETP5/CDSL/2019 Clearcorp Dealing Systems (India) Ltd. TREPS Triparty Repo in Government Securities https://www.clearcorp.co.in Name: Rajesh Salunkhe
Email: rsalunkhe@ccilindia.co.in
6 ETP6/CDSL/2019 Clearcorp Dealing Systems (India) Ltd. ASTROID Interest Rate Swaps based on MIBOR OIS benchmark https://www.clearcorp.co.in Name: Arun K Pandey
Email: akpandey@ccilindia.co.in
7 ETP8/ICAP/2019 ICAP IL India Pvt. Ltd. i-Stream i) FX Spot – FBIL USD-INR Reference Rate

ii) INR Interest Rate Swap (MIBOR and Modified MIFOR based)		 - Name: Smita Gupta Trivedi
Email: SmitaGupta@icapindia.com etpcompliance@icapindia.com

Name: Brijesh Suvarna
Email: brijesh@icapindia.com
8 ETP9/360T/2020 Three Sixty Trading Networks (India) Pvt. Ltd. TEX/SEP FX Spot, Forwards, Swaps and Options (including NDDCs) https://www.360t.com Name: Navin Agarwal
Email: navin.agarwal@360t.com

Name: Martin Oakley
Email: martin.oakley@360t.com
9 ETP10/360T/2020 Three Sixty Trading Networks (India) Pvt. Ltd. 360TGTX FX Spot, Forwards, Swaps and Options https://www.360t.com Name: Navin Agarwal
Email ID: navin.agarwal@360t.com

Name: Martin Oakley
Email: martin.oakley@360t.com
10 ETP11/Refinitiv/2020 Refinitiv India Transaction Services Pvt. Ltd. FXall FX Spot, Forwards, Swaps and Options (including NDDCs) https://www.lseg.com Name: Giles Castelinio
Email: giles.castelino@lseg.com
11 ETP12/Refinitiv/2020 Refinitiv India Transaction Services Pvt. Ltd. Matching FX Spot, Forwards, Swaps and Options (including NDDCs) https://www.lseg.com Name: Giles Castelinio
Email: giles.castelino@lseg.com
12 ETP13/BTSPL/2022 Bloomberg Tradebook India Pvt Ltd. BTBS FX Spot, Forwards, Swaps and Options (including NDDCs) https://www.bloomberg.com/prof essional/product/bloomberg- tradebook-singapore Name: Varun Chojhar
Email: vchojhar@bloomberg.net

B. Information on ETPs whose authorisation has been cancelled on account of voluntary surrender by the ETP operator:

Sr No ETP Authorisation No. Name of the ETP Operator Name of the ETP Products(s) Remarks
1 ETP7/CDSL/2019 Clearcorp Dealing Systems (India) Ltd. FX-SWAP i) Cash/Tom, Cash/Spot, Tom/Spot

ii) Month-end (Swap) instruments. i.e. Spot over month 1 end to month 12 end.

iii) Month end over Month end instrument (Month 1 end over Month 2 end)

iv) Outright Forward Instruments (Month 1 end and Month 2 end)		 Clearcorp Dealing Systems (India) Ltd. merged FX-SWAP with FX-CLEAR. The FX-SWAP authorisation ceased with its closure of operations on March 15, 2024. FX-CLEAR commenced operations, including products of FX-SWAP, from March 18, 2024.

1 ‘Eligible Instruments’ shall mean securities, money market instruments, foreign exchange instruments, derivatives, or other instruments of like nature, as may be specified by the Reserve Bank from time to time under section 45 W of Chapter III-D of the Reserve Bank of India Act, 1934

2 Information pertains to entities other than banks authorised to operate ETP.

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