FAQs on CBRICS
Background:
Corporate Bond Reporting and Integrated Clearing System (CBRICS) platform is intended to enable members to report their transactions in corporate bonds. This platform shall also provide information on reported trading volumes, yields, prices, information about bonds and its attributes.
CBRICS is accessible through the following URL:
https://bricsonline.nseindia.com/bondsnew/rest/login - Access the URL from any browser. In case of any issue, kindly clear caches/cookies or use incognito mode.
- Permanent Registered Participants
Permanent Registered Participants are intermediaries and contracting parties who have direct access to report the trades of its own or unregistered counter participant on CBRICS. Participants can follow the procedure given in the login page of CBRICS to submit online application for their registration. Registered participants can enroll unregistered participants. - Unregistered Participants
Unregistered Participants are contracting parties who are enrolled by Permanent Registered Participants on CBRICS platform. They do not have direct access to the CBRICs platform. The reporting of their trades is done by Registered Participants on their behalf.
Participants can get permanently registered by following the procedure mentioned on the login page of CBRICS. Participants need to click on “New Participant Registration” from URL https://bricsonline.nseindia.com/bondsnew/rest/login. The participant needs to fill in all the details, attach attested documents and submit. The physical copies of the documents need to be sent to the NSE Clearing Limited (NCL) for scrutiny. NCL/Exchange shall scrutinize the documents and in case of any discrepancies observed, the same shall be communicated to the email id mentioned in the application. Post completion of processing, login details shall be sent to the registered email id of the Participant.
Enrollment of Unregistered Participant can be done by the Permanently Registered Participant. Permanent Registered Participant needs to fill the details of Unregistered Participant in the tab “Introduce Participant” under participant search window and submit. Exchange shall scrutinize the details and approve it.
Dealer login can be created by Permanent Registered User by navigating from the following tab: User Management -> +New Tab -> Fill mandatory details and save. Dealers shall get their login details on their registered email id.
The roles of Participant user are defined below:
- Creation of users
- Disablement /Enablement of users
- Password reset of its user
- Reporting of Trades
- Approval/ Rejection of Trades
- Access to the Trade Reports/Clearing and Settlement reports
The roles of Dealer user are defined below:
- Reporting of Trades
- Approval/ Rejection of Trades
- Access to the Trade Reports/Clearing and Settlement reports
Participant/Dealer needs to check the compatibility settings in its system as per the guidelines provided on login page and make necessary changes, in case of any deviation.
Participant/Dealer User needs to click on ‘Reset/Forgot Password/2FA’ button on following link https://bricsonline.nseindia.com/bondsnew/rest/login. The user shall be directed to another webpage, wherein user is required to fill in the details and then click on ‘reset password’. The user shall receive the password over the registered email id. Dealer User’s password can be reset by its Participant User also.
The Participant user can activate its suspended Dealer User id from User management tab. The Participant user can search the Dealer user id from the “search” window, select the row and click on “Edit”. The Participant user shall then change the status from “suspended” to “active” and click on “save”. Participant user needs to send an email to msm@nse.co.in for its own activation or can activate itself from reset password tab.
- Participant User: The newly appointed participant user needs to send an email to msm@nse.co.in from the official email id giving details of existing and new email id, mobile number and contact person name along with the participant code. Exchange shall carry out the changes in the platform and reset the password. The details of the new password shall be sent on registered email id of the newly appointed authorized person.
- Dealer User: In case a dealer user has left the organization, the Participant User can suspend it’s the dealer user id from the “User Management” tab and create new dealer user id.
Download FAQs on CBRICS (.pdf)
Disclaimer:
“This document/FAQ has been drafted in order to ease Member’s/reader’s understanding of the subject matter. The information and/ or content (collectively ‘Information’) provided herein is general information only and NSE has issued detailed circulars to that effect from time to time. While reasonable care has been exercised to ensure that the Information is adequate and reliable, no representation is made by NSE as to its accuracy or completeness and NSE, its affiliates and subsidiaries accept no liability of whatsoever nature for any direct or consequential loss, including without limitation any loss of profits, arising from reliance on this Information. The readers are expected to undertake their own diligence and are advised not to solely rely on this document. Any such reliance shall be at the reader’s own risk. Nothing stated herein shall bind NSE, in any manner whatsoever.”
Updated on: 06/01/2023
