What is a Clearing Corporation (CC)?
Also referred to as a Clearing Firm/Clearing House, it is an organisation associated with an exchange (NSE/BSE) for managing the confirmation, settlement, and delivery of transactions. A CC ensures that the transactions are made in a prompt and efficient manner.
The following list has the names of CCs in India:
| Name |
|---|
| India International Clearing Corporation (IFSC) Limited |
| Indian Clearing Corporation Ltd. |
| Metropolitan Clearing Corporation of India Ltd. |
| Multi Commodity Exchange Clearing Corporation Ltd. |
| National Commodity Clearing Ltd. |
| National Securities Clearing Corporation Ltd. |
| NSE IFSC Clearing Corporation Limited |
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