NSCCL does not undertake clearing and settlement of deals executed on the Trade for Trade sub-segment as well as negotiated deals executed on any sub-segment of the Exchange. Primary responsibility of settling these deals rests directly with the members and the Exchange only monitors the settlement. The parties are required to report settlement of these deals to the Exchange.

Procedure for Settlement of Trade-for-trade deals

Non-settlement of Trade-for-trade deals

Cancellation of Trades

Failure to report settlement of Trade-for-trade deals

Failure to settle Trade-for-trade deals on the settlement date