Metropolitan Stock Exchange of India Limited (MSE) provides a reporting platform in the debt segment which can be accessed by registered participants including trading members as well as non-trading members in the exchange debt segment and other eligible RBI regulated entities to report their OTC trades in Corporate Bonds and Securitized Debt instruments as per the RBI Circular No. RBI/2013-14/500/IDMD.PCD.10/14.03.06/2013-14 dated 24/02/2014 and SEBI Circular No. CIR/MRD/DP/10/2014 dated 21/03/2014.
OTC trades in Corporate Bonds and Securitized Debt instruments reported in the aforesaid reporting platform shall be settled by Metropolitan Clearing Corporation of India Limited (MCCIL), which is a SEBI recognised Clearing Corporation. MCCIL is also authorised by the SEBI and the RBI to provide settlement services for OTC trades in Commercial Papers and Certificate of Deposits reported by its registered participants on the F-TRACK platform of the Clearcorp Dealing Systems (India) Limited.