REPORTING PLATFORM FOR OTC FOREIGN EXCHANGE AND INTEREST RATE DERIVATIVES

The Reserve Bank of India (RBI) has decided that the reporting arrangement on the CCIL platform covering OTC foreign exchange derivative trades above $ 1 million between Authorised Dealers (ADs) and their clients in the following products should be operational w.e.f April 02, 2013.

• FCY-INR Forwards
• FCY-INR Options
• FCY-FCY Forwards
• FCY-FCY Options