NSE clarifies regarding date of operationalization of interoperability through the Designated Clearing Corporation

May 29, 2019 | by Avantis RegTech Legal Research Team


The National Stock Exchange (NSE) on May 29, 2019, has given clarification regarding date of operationalization of interoperability through the Designated Clearing Corporation.

However, it is clarified that for those members who have already submitted their consent letters choosing NSE Clearing Limited as their “Designated Clearing Corporation”, the effective date of operationalization of interoperability through NSE Clearing Limited would be July 01, 2019 by default, in case no further communication is received from them as per Circular dated May 28, 2019.

[Circular Ref. No: 148/2019 (NCL/CMPT/41142)]

Click here to download the Circular.


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