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SEBI releases norms for interoperability among clearing corporations

May 16, 2020
SEBI has issued norms for interoperability among clearing corporations. The norms shall be operationalized by June 01, 2019. Interoperability among clearing corporations refers to the linking of multiple clearing corporations, which effectively allows market participants to consolidate their clearing and settlement functions at a single clearing corporation, irrespective of the stock exchange on which the trade is executed.
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