NSCCL

E874156

NSCCL is the clearing and settlement arm of the National Stock Exchange of India, responsible for guaranteeing and managing the settlement of trades executed on the exchange.

All labels observed (1)

Label Occurrences
NSCCL canonical 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf clearing corporation
market infrastructure institution
abbreviation NSCCL NERFINISHED
aimsTo maintain market integrity
reduce systemic risk in securities markets
associatedWith National Stock Exchange of India NERFINISHED
city Mumbai NERFINISHED
country India
ensures timely settlement of obligations arising from trades
fullName National Securities Clearing Corporation Limited NERFINISHED
function ensures completion of pay-in and pay-out of funds and securities
manages counterparty risk in securities markets
novates trades executed on the National Stock Exchange of India
settles trades in other segments of the National Stock Exchange of India
settles trades in the derivatives segment
settles trades in the equity segment
guarantees settlement of trades executed on the National Stock Exchange of India
hasAbbreviationFor National Securities Clearing Corporation Limited NERFINISHED
hasRole clearing and settlement arm of the National Stock Exchange of India
headquartersLocation Mumbai NERFINISHED
implements risk management systems for clearing members
industry securities clearing and settlement
interactsWith banks
clearing members
custodians
depositories
trading members of the National Stock Exchange of India
languageOfName English
monitors exposure of clearing members
settlement risk
objective provide a safe and efficient clearing and settlement system
parentOrganization National Stock Exchange of India Limited NERFINISHED
regulatedBy Securities and Exchange Board of India NERFINISHED
responsibleFor clearing of trades on the National Stock Exchange of India
risk management for trades on the National Stock Exchange of India
settlement of trades on the National Stock Exchange of India
role central counterparty to trades on the National Stock Exchange of India
sector financial services
state Maharashtra
supports equity cash market settlement
equity derivatives market settlement
other NSE product segment settlements
typeOfOrganization limited company
uses collateral management to secure exposures
margining systems to manage risk

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.