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BSE at odds with NSE over 'high' clearing and settlement charges

Rising outgo towards clearing and settlement fees has led to an altercation between the BSE and the National Stock Exchange of India (NSE), with the latter striking down the former s request to lower the charges.

NSE said it has no plans to restructure the same and that it will continue with the pricing defined under the interoperability framework.

The interoperability framework, introduced in 2019, allows trades executed on any of the exchanges to be settled or cleared at either of the two clearing corporations NSE Clearing (NCL) or Indian Clearing Corporation (ICCL), fully-owned by the NSE and the BSE, respectively. ....

Sundararaman Ramamurthy , Ashishkumar Chauhan , National Stock Exchange Of India , Indian Clearing Corporation , National Stock Exchange , Business News , Usiness News India , Ndia Business News , Ndian Economy News , Ndian Financial News ,

Small investors bump up stake in NSE on hopes of listing

Retail investor holding in the exchange rose to 9.5% in the December quarter from 8.75% in Q2FY24 ....

Andhra Pradesh , Ashishkumar Chauhan , Radhakishan Damani ,

Day after Budget: Sensex jumps 1,444 points intra-day, pares gains

Information technology, power and metal stocks led the bull rally on heavy buying. Shares of Reliance Industries 2.18 per cent and Infosys gained 2.26 per cent. The Sensex had fallen by 107 points on Thursday. ....

Ashishkumar Chauhan , Vinod Nair , Head Of Research , Geojit Financial Services , Reserve Bank , Bse Sensex , Nirmala Sitharaman , Interim Union Budget , Union Budget , Budget 2024 , Finance Ministry , Indian Economy , Interim Budget 2024 , Ndian Express News , Urrent Affairs ,