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100 FAQ's on Basic Finance

Module Units

What is a Clearing Corporation?

A clearing corporation looks after the confirmation, delivery and settlement of transactions in the stock market. It is also known as a clearing house or clearing firm and is associated with a stock exchange.


Two of the popular clearing corporations are:

  • Clearing Corporation of India Limited (CCIL)
  • National Securities Clearing Corporation Ltd (NSCCL)

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Units 59/101