STCI Primary Dealer Ltd

STCI Ltd was one of the earliest market makers of Government Securities since commencing operations in May 1994 as a subsidiary of the Reserve Bank of India and was one of the first 6 Primary Dealers in India which started operations in 1996. The Primary Dealer business was hived off into a separate subsidiary in June 2007 viz STCI Primary Dealer Limited. STCIPD is a wholly owned subsidiary of STCI Finance Ltd (erstwhile STCI Ltd) and one of the larger Primary Dealers accredited by RBI for underwriting and market making in Government securities. We are a leading player in the Fixed Income market with business operations including trading in fixed income instruments including G-secs, T-bills, SDLs, SPLs, Non SLR securities including corporate bonds, CDs, CPs, and Fixed Income derivatives including IRS and IRD, and also proprietary trading in equity cash and derivatives.