central counterparty bangladesh

What central counterparty bangladesh does

Central Counterparty Bangladesh Limited (CCBL) is the sole regulatory-mandated central counterparty (CCP) for Bangladesh's capital market, incorporated in January 2019 under the Bangladesh Securities and Exchange Commission's (BSEC) Clearing & Settlement Rules, 2017. The company operates a state-of-the-art CCP system designed for multi-asset-class and multi-exchange transaction risk management, clearing, and settlement facilities, covering equity, debt, and derivative products. Its shareholding is held by Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), Central Depository Bangladesh Limited (CDBL), local banks, and a strategic investor (yet to be introduced), positioning CCBL at the center of the country's market infrastructure.

The platform features pre-trade and post-trade risk management controls, an ultra-low-latency processing engine, parameter-based configuration for market-rule adaptation, settlement guarantee fund management, and securities lending and borrowing modules. Integration with stock exchanges, the central depository, clearing members, and settlement banks is delivered via industry-standard and customized APIs, enabling a unified handshaking layer across Bangladesh's fragmented market participants. CCBL was operationally formalized in March 2022 and has since held annual general meetings, engaged Ernst & Young for advisory services, and co-organized investor education events with CDBL.

CCBL generates revenue primarily through clearing and settlement transaction fees charged to its institutional customer base — the two stock exchanges, CDBL, and a fixed set of local banks serving as clearing members and settlement banks. Its go-to-market is regulatory-driven rather than commercial: market participants are required by BSEC rules to use CCBL's services. The company is headquartered at DSE Tower in Dhaka's Nikunja-2 district.

Name

central counterparty bangladesh

Legal name

Central Counterparty Bangladesh Limited

Website

https://ccbl.com.bd

Company type

Private

Founded year

2019

Operating status

Operating

Ownership category

akta.pro rank

Product category

Securities Clearing and Settlement

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

akta.pro primary industry

Clearing Houses / Central Counterparties (CCPs) (FSACAHAC)

akta.pro secondary industries

Cross-Asset / Multi-Product CCPs (FSAFAFAG), Securities CCPs (Equities & ETFs) (FSAFAFAC)

Keywords

• Central counterparty services
• Clearing and settlement
• Securities clearing infrastructure
• Post-trade risk management
• Capital market infrastructure

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Infrastructure, Others

Revenue model

1. Clearing and Settlement Services: CCBL generates revenue through clearing and settlement fees charged to market participants for processing securities transactions. The company provides secured, transparent, dependable, responsible clearing and settlement procedures for all kinds of securities traded on Bangladesh exchanges.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Central Counterparty Bangladesh Limited (CCBL) provides centralized clearing and settlement services for securities traded on Bangladesh's stock exchanges. The company operates a multi-asset-class CCP system covering equity, debt, and derivative products, with pre-trade and post-trade risk management, settlement guarantee fund management, and securities lending and borrowing facilities. Services are delivered to stock exchanges, clearing members, depository, and banks through industry-standard and customized API integration.

Product overview

CCBL operates as a single unified Central Counterparty (CCP) System for Bangladesh's capital market. The company was incorporated in January 2019 under BSEC Clearing and Settlement Rules, 2017. The system is designed to handle equity, debt, derivative products, risk management, settlement guarantee fund management, securities lending and borrowing, and clearing and settlement modules. Shareholding is held by DSE, CSE, CDBL, local banks, and a strategic investor. The system plans integration with stock exchanges, depositories, clearing members, and banks through industry-standard and customized APIs.

Differentiator

Problem solved

Functional benefit

Named customers4 records

Segments4 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• Ernst & Young (EY)coreImplementation/ SI/ Consulting Partner · 18 August 2021Consultancy agreement signed on August 18, 2021 for advisory services. Mr. Farhad Ahmed, Managing Director & CEO of CCBL and Mr. Rakesh Saha, Partner of EY participated in the signing ceremony with virtual presence of Chairman & Board members of CCBL and officials of EY India.
• Central Depository Bangladesh Limited (CDBL)coreStrategic or Co-development PartnerCDBL is a key shareholder of CCBL and collaborates on joint initiatives such as World Investor Week. CDBL provides securities depository services integrated with CCP clearing and settlement operations.
• Dhaka Stock Exchange Limited (DSE)coreStrategic or Co-development PartnerDSE is a primary shareholder of CCBL. The company is incorporated as part of DSE's ecosystem modernization, with CCBL providing clearing and settlement services for DSE trades.
• Chittagong Stock Exchange Limited (CSE)coreStrategic or Co-development PartnerCSE is a primary shareholder of CCBL. CCBL provides clearing and settlement services for CSE trades as part of the unified CCP infrastructure.
• Local BankscoreTechnology or IntegrationLocal banks are shareholders of CCBL and serve as clearing members and settlement banks, providing banking infrastructure for CCP operations.
• Bangladesh Securities and Exchange Commission (BSEC)coreStrategic or Co-development PartnerBSEC promulgated Clearing & Settlement Rules, 2017 which mandated the formation of CCBL. BSEC works with CCBL on asset class roadmap, services, and risk management system development.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• National Clearing Company of Pakistan Limited (NCCPL): Pakistan's national central counterparty for securities clearing and settlement, structurally analogous to CCBL — same regulatory-monopoly model, similar emerging South Asian market context, and similar multi-asset ambitions.
• National Securities Clearing Corporation (NSCCL): Wholly-owned CCP of the National Stock Exchange of India. Comparable because it provides centralized clearing and settlement for an exchange-driven national securities market, though on a much larger scale.
• Indian Clearing Corporation Limited (ICCL): CCP arm of BSE India, providing clearing and settlement for BSE trades. Directly comparable business model and function to CCBL within an Indian exchange ecosystem.

Regional players

• Bursa Malaysia Clearing: Malaysia's exchange-linked clearing house operating in an emerging-market ASEAN context. Comparable single-country CCP infrastructure model, though Malaysia's market is more developed.
• Taiwan Depository & Clearing Corporation (TDCC): Combined depository and clearing infrastructure for Taiwan's securities market. Relevant comparator because it integrates depository and clearing functions — analogous to CCBL's CDBL integration.

Broad incumbents

• DTCC (Depository Trust & Clearing Corporation): Largest post-trade infrastructure provider globally, operating central counterparty and settlement services for U.S. securities. Comparable core function but vastly larger scale and broader asset coverage.
• LCH (London Clearing House, part of LSEG): Global multi-asset class CCP operator owned by London Stock Exchange Group. Comparable multi-asset CCP architecture and risk-management philosophy, though operating at global scale with much broader product coverage.
• ASX Clear (Australian Securities Exchange): Clearing house operated by the Australian Securities Exchange. Comparable single-jurisdiction CCP model integrated with an exchange, though operating in a far more developed capital market.
• Hong Kong Securities Clearing Company (HKSCC, part of HKEX): Securities clearing arm of Hong Kong Exchanges. Operates a comparable CCP model integrated with an exchange, serving both domestic and international participants.
• Japan Securities Clearing Corporation (JSCC, part of JPX): Central counterparty for Japanese equity, bond, and derivatives markets, part of Japan Exchange Group. Comparable multi-asset CCP infrastructure, though operating in a mature, high-volume market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/people/CCBL/61550887649464

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about central counterparty bangladesh