Custodial Services - Trade Settlement and Safe Keeping

Trade Settlement

Trade Settlement falls under the Custodial Services provided by Axis Bank. This includes settlement of trades under the equity and debt segment as well as Money Market instruments, processing of applications for subscriptions in respect of Rights Issue, Buy Back, Open Offers, as well as primary market, etc. Know more about trade settlement, below.

• Settlement of trades in equity and debt segment through Clearing House as well as Delivery Versus Payment (DVP)
• Settlement of trades for Money Market Instruments
• Processing of applications for subscriptions in primary market
• Processing of applications for subscriptions in respect of Rights Issue, Buy Back and Open Offers, etc.
• Submission of Reports as per requirement

Safe Keeping

The Custodial Services provided by Axis Bank include Safe Keeping. Services like Safe Keeping of securities held in the physical form as well as demat form, reconciliation of Stocks and Funds and dematerialisation of securities held in the physical form are all included under this segment.

• Safekeeping of securities held in the physical form as well as demat form
• Dematerialisation of Securities held in the physical form
• Reconciliation of Stocks and Funds