CLEARING CORPORATION IN INDIA
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CLEARING CORPORATION IN INDIA
SEBI names 3 qualified clearing houses for securities market.
1. National Securities Clearing Corporation Ltd.(NSCCL)
2. Indian Clearing Corporation Ltd.(ICCL)
3. MCX-SX Clearing Corporation Ltd.(MCX-SXCCL)
These are the only qualified central counterparties in the indian securities market.
The three corporation clear and settle trades in securities or other instruments/products traded on the stock exchanges.
1. National Securities Clearing Corporation Ltd.(NSCCL)
2. Indian Clearing Corporation Ltd.(ICCL)
3. MCX-SX Clearing Corporation Ltd.(MCX-SXCCL)
These are the only qualified central counterparties in the indian securities market.
The three corporation clear and settle trades in securities or other instruments/products traded on the stock exchanges.
sanjeev- Posts : 4
Join date : 2016-02-25
Age : 31
Location : chennai
Re: CLEARING CORPORATION IN INDIA
sanjeev wrote:SEBI names 3 qualified clearing houses for securities market.
1. National Securities Clearing Corporation Ltd.(NSCCL)
2. Indian Clearing Corporation Ltd.(ICCL)
3. MCX-SX Clearing Corporation Ltd.(MCX-SXCCL)
These are the only qualified central counterparties in the indian securities market.
The three corporation clear and settle trades in securities or other instruments/products traded on the stock exchanges.
senthil- Posts : 2
Join date : 2016-02-17
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