Guarantee
NSE Clearing has put in place Core Settlement Guarantee Fund (Core SGF) .The primary objective of having Core SGF is to have a fund for each segment (for e.g. Cash, F&O, CD, etc.) to guarantee the settlement of trades executed in respective segment of the stock exchange. In the event of a clearing member failing to honour settlement commitments, the core SGF shall be used to fund the obligations of that member and complete the settlement without affecting the normal settlement process.
Updated on: 03/01/2023
