InvestorQ : What is the order matching platform in the SLBS?
prachi Patwardhan made post

What is the order matching platform in the SLBS?

Answer
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Nisha Chandani answered.
1 year ago


NSE Clearing provides an automated, screen based, order matching platform to the Participant to execute lending and borrowing transactions. The Participant shall be allowed to put Borrowing / lending orders. Facility is also provided to enter Recall / Repay orders. The orders shall be matched on a price – time priority. The orders placed by the Participant shall be for the lending fee.

The participant has an option to put lend orders; borrow orders, early recall orders and early repayment orders.