Frequently Asked Questions

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Investment Process and Accounts

What is the role of ICCL and NSCCL?


National Securities Clearing Corporation Ltd (NSCCL) and Indian Clearing Corporation Ltd (ICCL) are settlement bodies regulated by SEBI. These are clearing corporations to settle the trade to eliminate counterparty settlement risk. As per regulatory requirements, all trades must be settled through ICCL or NSCCL to ensure compliance and investor protection.