Cleared and non-cleared deals :

NSCCL carries out the clearing and settlement of trades executed in the following sub-segments of the Equities segment:

1. All trades executed in the Book entry/Rolling segment.

2. All trades executed in the Limited Physical Market segment. NSCCL does not undertake clearing and settlement of deals executed in the Trade for Trade sub-segment of the Equities (Capital Market) segment of the Exchange. Primary responsibility of settling these deals rests directly with the members and the Exchange only monitors the settlement. The parties are required to report settlement of these deals to the Exchange.