The Exchange has an in house clearing house which monitors and performs all activities relating to delivery, fund settlement, margining and managing the settlement guarantee funds. It operates a well-defined settlement cycle to ensure no deviations or deferments from this cycle.
MCX has empanelled 16 Clearing Banks to provide banking services to trading members.
The clearing house collects margin from the members, effect of pay-in and pay-out and monitor delivery and settlement process.
The members are requested to forward all their clearing & settlement related correspondence on the following address: |
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Multi Commodity
Exchange of India Limited
Clearing & Settlement Department
Exchange Square,
Suren Road, Andheri (East),
Mumbai – 400093,
Maharashtra, India |
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For Clearing & Settlement
Call us on 022-66494100 / 6731 8888
Email: c&s@mcxindia.com
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