Question:

How are settlement and clearing done at KSE?

by Guest7732  |  12 years, 9 month(s) ago

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I want to know who is the responsible of clearing and settlement of stocks at Karachi stock exchange. Please help!

 Tags: Clearing, KSE, settlement

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  1. Guest2288
    Clearing and settlement of all stock exchange transactions are provided by National Clearing Company (NCCPL), which acts as go between for KSE and Central Depository Company (CDC) which is the share depository company. Shares move between share-accounts held by the different participant-brokers of the Central Depository Company (CDC).

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