ADB Asian Development Bank
ADRs American Depository Receipts
AIF Alternative Investment Fund
AIFIs All India Financial Institutions
ALBM Automated Lending and Borrowing Mechanism
ALBRS Automated Lending and Borrowing under Rolling Settlement
AMC Asset Management Company
AMEX American Stock Exchange
AMFI Association of Mutual Funds in India
ASC Accounting Standard Committee
ATM At-The-Money
ATSs Alternative Trading System
B2B Business-to-Business
BEPS Base Erosion and Profit Shifting
BIFR Board for Industrial and Financial Reconstruction
BIS Bank of International Settlement
BLESS Borrowing and Lending Securities Scheme
BMC Base Minimum Capital
BSE The Stock Exchange, Mumbai
CARE Credit Analysis & Research Limited
CBDT Center Board of Direct Taxes
CC Clearing Corporation
CCIL Clearing Corporation of India Limited
CDs Certificate of Deposits
CDSL Central Depository Services (India) Limited
CFM Carry Forward Margin
CFRS Carry Forward under Rolling Settlement
CH Clearing House
CIMC Collective Investment Management Company
CISs Collective Investment Schemes
CIVs Collective Investment Vehicles
CLF Collateralised Lending Facility
CM Clearing member
CME(Merc) Chicago Mercantile Exchange
CM Segment Capital Market Segment of NSE
CMIE Center for Monitoring India Economy
COSI Committee on Settlement Issues
COTI Committee of Trade Issues
CP Custodial Participant
CPs Commercial Papers
CRAs Credit Rating Agencies
CRISIL Credit Rating Information Services of India Limited
CRR Cash Reserve Ratio
CSD Collateral Security Deposit
CSDL Central Securities Depositing Limited
CSE Calcutta Stock Exchange
DCA Department of Company Affair
DDBs Deep Discount Bonds
DEA Department of Economic Affair
DFIs Development Financial Institutions
DIP Disclosure and Investor Protection
DNS Deferred Net Settlement
DPs Depository Participants
DRF Demat Request Form
DRR Debenture Redemption Reserve
DSCE Debt Securities Convertible Into Equity
DSCR Debt Service Coverage Ratio
DvP Delivery versus Payment
ECB Euro Commercial Borrowings
ECNS Electronic Communication Networks
EDGAR Electronic Data Gathering Analysis and Retrieval
EDIFAR Electronic Data Information Filing and Retrieval
EFT Electronic Fund Transfer
ELSS Equity Linked Saving Schemes
EPS Earnings Per Share
ETFs Exchange Traded Funds
F&O Futures and Options
FCCBs Foreign Currency Convertible Bonds
FDI Foreign Direct Investment
FDRs Foreign Deposit Receipts
FDs Fixed Deposits
FEMA Foreign Exchange Management Act-1999
FERA Foreign Exchange Regulation Act-1973
FIBV International World Federation of Stock Exchanges
FIIs Foreign Institutional Investors
FIMMDA Fixed Income Money Market and Derivatives Association
Fis Financial Institutions
FMC Forward Market Commission
FMCG Fast Moving Consumer Goods
FRAs Forward Rate Agreement
FVCIs Foreign Venture Capital Investors
GAAR General Anti Avoidance Bill
GATT General Agreement on Tariffs and Trade
GDP Gross Domestic Product
GDRs Global Deposit Receipts
GDS Gross Domestic Saving
GNP Gross National Product
GOI Government of India
G-Sec Government Securities
GST Goods and Services Tax
GTC Good Till Cancelled
GTD Good Till Days/Date
i-BEX ICICI Securities Bonds Index
IBRD International Bank for Reconstruction and Development
ICAI Institute of Chartered Accountants of India
ICICI Industrial Credit and Investment Corporation of India Limited
ICRA Investment Information and Credit Rating Agency of India
ICSE Inter-Connected Stock Exchange of India Limited
IDA International Development Association
IDBI Industrial Development Bank of India
IFC International Finance Corporation
IFSD Interest Free Security Deposit
IGC Investor Grievance Cell
IIM Indian Institute of Management
IISL India Index Services and Products Limited
IMF International Monetary Fund
IOC Immediate or Cancel
IOSCO International Organisation of Securities Commission
IPF Investor Protection Fund
IPO Initial Public Offer
IRDA Insurance Securities Regulatory and Development Authority
IRS Interest Rate Swap
ISIN International Securities Identification Number
ISSA International Securities Services Association
IT Information Technology
ITM In-The-Money
LAF Liquidity Adjustment Facility
LIC Life Insurance Corporation of India Limited
LM Lead Manager
MCFS Modefied Carry Forward System
MCX Multi Commodity Exchange
MFs Mutual Funds
MFSS Mutual fund Service System
MIBID Mumbai Inter-bank Bid Rate
MIBOR Mumbai Inter-bank Offer Rate
MIGA Multilateral Investment Guarantee Agency
MMMF Money Market Mutual Fund
MNCs Multi National Companies
MOU Memorandum of Understanding
MSCI Morgam Stanley Capital International. (MSCI has seperated from morgan stanley in
2009. Please see Glossary)
MTM Mark-To-Market
NASDAQ National Association of Securities Dealers Automated Quotation System
NAV Net Asset Value
NBFCs Non-Banking Financial Companies
NCAER National Council for Applied Economic Research
NCDs Non-convertible Debentures
NCDEX National Commodity and Derivatives Exchange Limited
NCDS Non-convertible Debt Securities
NCFM NSE’s Certification in Financial Markets
NDS Negotiatied Dealing System
NEAT National Stock Exchange Automated Trading
NGOs Non Government Organisations
NIBIS NSE’s Internet-Based Information System
NIC National Informatics Centre
NPAs Non Performing Assets
NPS National Pension System
NRIs Non Resident Indians
NSCCL National Securities Clearing Corporation of India Limited
NSDL National Securities Depository Limited
NSE National Stock Exchange of India Limited
NYSE New York Stock Exchange
OCBs Overseas Corporate Bodies
ODA Official Development Assistance
OECLOB Open Electronic Consolidate a Limit Order Book
OIS Overnight Index Swaps
ORS Order Routing System
OTC Over the Counter
OTCEI Over the Counter Exchange of India Limited
OTM Out-of the-Money
P/E ratio Price Earning Ratio
PAN Permanent Account Number
PCM Professional Clearing Member
PDAI Primary Dealers Association of India
PDO Public Debt Office
PDs Primary Dealers
PRI Principal Return Index
PRISM Parallel Risk Management System
PSUs Public Sector Undertakings
PV Present Value
QIBs Qualified Institutional Buyers
RBI Reserve Bank of India
REIT Real Estate Investment Trusts
ROCs Registrar of Companies
RRF Remat Request Form
RTGS Real Time Gross Settlement
S&P Standard and Poor’s
SAT Securities Appellate Tribunal
SC(R)A Securities Contract (Regulation) Act, 1956
SC ( R )R Securities Contract (Regulation) Rules, 1957
SCMRD Society for Capital Market Research and Development
SDs Satellite Dealers
SDR Special Drawing Rights
SEBI Securities and Exchange Board of India
SEC Securities Exchange Commission
SGF Settlement Guarantee Fund
SGL Subsidiary General Ledger
SGX-DT The Singapore Exchange Derivative Trading Limited
SIPC Securities Investor Protection Corporation
SLR Statutory Liquidity Ratio
SPAN Standard Portfolio Analysis of Risks
SPV Special Purpose Vehicle
SROs Self Regulatory Organisations
SSS Securities Settlement System
STT Securities Transaction Tax
STP Straight Through Processing
STRIPS Separate Trading of Registered Interest and Principal of Securities
SUS 99 Special Unit Scheme 99
SWIFT Society for World’wide International Financial Telecommunication
T-Bills Treasury Bills
TDS Tax Deducted at Source
TM Trading Member
TRI Total Return Index
UTI Unit Trust of India
VaR Value at Risk
VCC Venture Capital Company
VCFs Venture Capital Funds
VCUs Venture Capital Undertakings
VSAT Very Small Aperture Terminal
WAN Wide Area Network
WAP Wireless Application Protocol
WDM Wholesale Debt Market Segment of NSE
WTO World Trade Organisation
YTM Yield to Maturity
ZCYC Zero Coupon Yield Curve