Clearing and settlement obligation: recognised stock exchanges must use clearing corporations once the Board specifies commencement. Regulation 36 requires every recognised stock exchange to use the services of recognised clearing corporation(s) for clearing and settlement of its ... Summary
Clearing and settlement obligation: recognised stock exchanges must use clearing corporations once the Board specifies commencement.
Regulation 36 requires every recognised stock exchange to use the services of recognised clearing corporation(s) for clearing and settlement of its trades, with that obligation taking effect from the date specified by the Board.
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