26-Jul-2024 | 83.6450

12-Jul-2024 17:00

Lac Crs 448.70 | Tn $ 5.37


Login to

You will be redirected to
another link to complete the login

Login to Mutual Fund, NCFM

About NSE Clearing

NSE Clearing
NSE Clearing Limited (formerly known as National Securities Clearing Corporation Limited), NSE Clearing, a wholly owned subsidiary of NSE is responsible for clearing and settlement of all trades executed on NSE and deposit and collateral management and risk management functions. NSE Clearing was the first clearing corporation to be established in India and we introduced settlement guarantee before it became a regulatory requirement. NSE Clearing has maintained a credit rating of “AAA” from CRISIL since 2008.

It was set up with the following objectives:

  • to bring and sustain confidence in clearing and settlement of securities;
  • to promote and maintain, short and consistent settlement cycles;
  • to provide counter-party risk guarantee, and
  • to operate a tight risk containment system.

NSE Clearing commenced clearing operations in April 1996.

Updated on: 06/01/2023