RBI will allow non-bank brokers registered with the SEBI to access the Negotiated Dealing System-Order Matching (NDS-OM) platform.
The NDS-OM platform, operated by the RBI, is an anonymous order-matching system for secondary market trading in government securities (G-Secs).
Currently, membership to the NDS-OM system is open to entities such as banks, primary dealers, insurance companies, and mutual funds, which maintain the Subsidiary General Ledger (SGL) accounts with the RBI.