NDS-OM version 2 enhancements  31. NDS-OM, RBI’s Anonymous Order Matching System for dealing in secondary market outright trades in G-Sec was launched in August 2005 based on an internal assessment of the need for a screen based dealing system as recommended by the R. H. Patil Committee appointed by Reserve Bank of India.
All trades concluded on NDS-OM flow within an STP framework to the CCIL, which acts as the CCP for all these trades, within the provisions of its bye-laws, rules and regulations. 32. From a relatively simple system when initially launched in August 2005, over time various functionalities have been added to NDS-OM.