n NISM Certifications
VII NISM Series VII
Medium

On the Metropolitan Stock Exchange of India Limited (MSXI), formerly MCX-SX, the settlement is done by ________.

Practice question from NISM Series VII Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    BOICL

  2. B

    MCX-SXCL

  3. MCX-SXCCL

    Correct answer

  4. D

    Either NSDL or CDSL

Why this is the answer

MCX-SX Clearing Corporation Ltd. (MCX-SXCCL) handles clearing and settlement for all trades executed on MSXI.

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