Zerodha clearing corporation flows

Mon, 11 May 2026 00:00:00 +0000

Overview

Every securities transaction executed through Zerodha’s Kite platform passes through a clearing corporation before settlement is completed. The clearing corporation sits between the buyer and seller in every trade, guaranteeing completion of the transaction irrespective of whether either counterparty defaults. For NSE trades, the clearing corporation is NSE Clearing Limited (NSCCL, formerly the National Securities Clearing Corporation Limited). For BSE trades, it is the Indian Clearing Corporation Limited (ICCL). Zerodha, as a broker, holds clearing membership (or uses a clearing member) to participate in these clearing and settlement flows.

Trade Settlement India on WebNotes

Zerodha clearing corporation flows

Overview