Clearing Banks

NSE Clearing has empanelled 13 clearing banks for settlement of funds between clearing member and the Exchange.

Every Clearing member is required to maintain and operate a clearing account with any one of the empanelled Clearing Banks at the designated clearing branches. The clearing account is to be exclusively for Exchange clearing & settlement operation.

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Clearing Account

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The higher the Percent of Deliverable Quantity to Traded Quantity the better - it indicates that most buyers are expecting the price of the share to go up.

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