The approved clearing corporation/institution/house clears the trades done by buyer and seller in the exchange. It functioned clearing and settlements of trade smoothly and efficiently, takes the direction from exchange, watch and monitor the market position, also can suspect if market position seemed unnatural by member.
Clearing Bank and location of all branches
As per the Regulations of NDEX, all Members of the Exchange shall have their client account and segregated account under the registered banks hereinafter referred to as "clearing banks". The accounts are to be named as "Member name – NDEX Settlement A/c".
- Nepal Investment Bank Limited
- Bank of Kathmandu Ltd