Clearing and settlement obligations: recognised stock exchanges must use authorised clearing corporations for post trade processing. Every recognised stock exchange is required to conduct clearing and settlement of trades through the services of recognised clearing corporations, with ... Summary
Clearing and settlement obligations: recognised stock exchanges must use authorised clearing corporations for post trade processing.
Every recognised stock exchange is required to conduct clearing and settlement of trades through the services of recognised clearing corporations, with the obligation taking effect from the date specified by the Board and forming a mandatory regulatory prerequisite for exchanges to use authorised clearing infrastructure for post trade processes.
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