ISS EKYC

Features ISS EKYC

ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd.
(ISE), was incorporated in 18th January 2000.
ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited] as a wholly-owned subsidiary under the policy formulated by the Securities and Exchange Board of India (SEBI) for “Revival of Small Stock Exchanges”.
The policy enunciated by the SEBI permits a stock exchange to float a subsidiary, which can take up membership of larger stock exchanges, such as the National Stock Exchange of India Ltd.
(NSE), and Bombay Stock Exchange Ltd.
(BSE).
ISS has been registered by SEBI as a Trading-cum-Clearing Member in the Capital Market segment and Futures & Options segment of NSE and Capital Market segment of BSE.
Trading Members of ISE can access NSE and BSE by registering themselves with SEBI as Sub-brokers of ISS.
Thus, the trading intermediaries of ISS can access other markets in addition to the ISE market and their local market.
ISS, thus provides the investors in smaller cities, a one-stop solution for cost-effective and efficient trading and settlement services in securities.ISS has commenced operations in the NSE segment from May 3, 2000 and the BSE segment from December 24, 2004, and is at present operating from 80 locations viz.
Agra, Ahmedabad, Ahmednagar, Allahabad, Aurangabad, Bahadurgarh, Balasore, Baroda, Belgaum, Bhandara, Bhopal, Bhubaneshwar, Bina, Burdwan, Burhanpur, Chaibasa, Chapra, Chennai, Chhatrapur, Coimbatore, Cuttack, Darbhanga, Delhi, Dhakuria, Dhanbad, Ghaziabad, Goa, Guwahati, Gwalior, Hissar, Hubli, Hyderabad, Indore, Jaipur, Jalandhar, Jamnagar, Jamshedpur, Jharkhand, Kalyan, Kanpur, Karaikudi, Karnal, Karur, Katni, Khandwa, Kinnigoli, Kloor, Kolkata, Lashkar Gwalior, Lucknow, Madurai, Mangalore, Mumbai, Nagpur, Navi Mumbai, New Delhi, Noida, Ongole (A.P.), Palani, Patna, Perumannur, Pune, Punjab, Raichur, Raipur, Rajapalayam, Rajkot, Ranchi, Sagar, Salem,Sambalpur, Sangli, Sasaram, Silchar, Siliguri, Sirsa, Surat, Thane, Thiruvananthpuram,Tirupur and Vadodara.