NSE Clearing Limited

Sat, 16 May 2026 00:00:00 +0000

NSE Clearing Limited, formerly the National Securities Clearing Corporation Limited (NSCCL), is the principal central counterparty (CCP) and clearing corporation for transactions executed on the National Stock Exchange of India. NSE Clearing performs the multilateral netting of buy and sell transactions, interposes itself as the legal counterparty to every trade (the novation function), administers the margin and risk-management framework, manages the Settlement Guarantee Fund, and ensures the delivery-versus-payment settlement of cash-market, derivative-market, and securities-lending-and-borrowing transactions.

Settlement Guarantee Fund on WebNotes

NSE Clearing Limited