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SEBI has granted recognition to Multi Commodity Exchange Clearing Corporation Ltd. (MCXCCL), a wholly owned subsidiary of Multi Commodity Exchange of India Ltd (MCX), as a Clearing Corporation. MCXCCL operates a well-defined settlement cycle and ensures no deviations or deferments from this cycle. MCXCCL collects margin from the members, effect pay-in and pay-out and oversee delivery and settlement process. MCXCCL assumes the counter party risk of the clearing members for all the trades done on MCX. MCXCCL facilitates deliveries in various commodities across multiple locations in India. MCXCCL provides Electronic Commodity Accounting and Receipts Tracking System through web based portal...
Multi commodity exchange clearing corporation limited's revenue is 11m - 100m
Multi commodity exchange clearing corporation limited has 51 - 200 employees.
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