March 15, 2018

Metropolitan Clearing House-BSE/NSE Clearing Houses -Link ???

Clearing houses in India are Indian Clearing Corp. Ltd of BSE Ltd, Metropolitan Clearing Corp. of India Ltd of MSEI and the National Securities Clearing Corp. Ltd of NSE.

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There are more than 200 Exclusively Listed shares in Metropolitan Stock Exchange. Many of these are small cap Gems ( mainly from now closed Regional Stock Exchanges like Delhi Stock Exchange ). Recently , Metropolitan Stock Exchange has raised Rs. 200 crore but still there is no Equity trading. Govt. ? SEBI must ensure that Equity trading takes place in Metropolitan Stock Exchange. Govt is losing , on daily basis , crores of revenue by way of lost STT / GST

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