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 15 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 Exchange shall assume the counter party risk of the clearing members for all the trades done on the Exchange.

Clearing & Settlement is a self-insurance mechanism whereby Exchange guarantees the settlement to the counter party even in the event of failure of a trading member to meet the settlement obligation.

The members are requested to forward all their clearing & settlement related correspondence on the following address:

Multi Commodity Exchange of India Limited

Clearing & Settlement Department

CTS no. 255,

Exchange Square,

Suren Road, Andheri (East),

Mumbai – 400093,

Maharashtra, India

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