NSDL – SPEEDE
SPEEDE (Standard Protocol for Electronic Exchange of Data) is an electronic system developed by NSDL in collaboration with the Securities and Exchange Commission (SEC) of the United States. It is designed to facilitate the seamless and efficient transfer of securities and related information between depository participants, clearing corporations, and other entities involved in the securities market.
NSDL-SPEEDE is an electronic system developed by NSDL to facilitate the exchange of securities-related information in the Indian securities market. It enhances efficiency, reduces paperwork, and ensures seamless communication between different market participants.
If you wish to avail of this facility, you have the option of password-based or smart card-based access to SPEEDE. For password-based access, you should fill up an online registration form by choosing your own ‘User-Id’ and ‘Password’ and then submit the duly filled-in registration form in person to your DP. The DP will authorise your request and thereafter you can start using SPEEDE with the User-Id and password. For smart card-based access, you should fill up the ‘SPEEDE Application form’ and then submit the duly filled-in form to your DP. Your DP will register you as a smart card user by assigning a User-Id and help you procure a Smart Card Kit, Digital Signature Certificate (DSC) and Personal Identification Number (PIN). Install the Smart Card Kit onto the computer and with the User-Id, DSC and PIN, you can start using SPEEDE.
To register for SPEEDE click on the link below: