NSE Clearing Limited will introduce shorter-duration contracts under the Securities Lending and Borrowing (SLB) framework from August 17, giving market participants an option to undertake stock-lending transactions with a three-day settlement period. The new contracts, designated as the R3 series, will be introduced on a daily basis, according to a circular issued by NSE Clearing on August 14.…
The program's current beneficiaries are anticipating a healthy payment increase in January -- but that boost will only further strain its diminishing Trust Fund.
Centrally controlled, permission-only networks have a role to play in finance, but need a transparent, open base to reap the benefits blockchain technology offers.
