|
As per the Regulations of NCDEX, the constituents of the exchange such as
members and their clients are required to open dematerialized accounts with
designated depository participants (DPs) of National Securities and Depository
Ltd (NSDL) and Central Depository Services (India) Limited (CDSL), to
facilitate acceptance and/or delivery of commodities in demat form. NCDEX has
initiated the process of empanelling the DPs in this direction and have already
empanelled the following DPs:
|
|
|
| |
|
The members and their constituents are expected to open their commodity demat
accounts only
with empanelled DPs.
|
| |
Note : Disclaimer for Depository Participants empanelled with NCDEX
Members and market participants trading on the Exchange are hereby informed
that, before selecting and or appointing any of the Depository Participants
(DPs) from the list of DPs empanelled by the Exchange, they should conduct
their own due diligence of DPs with whom they intend to open their commodity
demat accounts for clearing and settlement of the transactions done by them on
the Exchange. The list put up by the Exchange only indicates the DPs who have
established necessary connectivity and network. In the event of any negligence
and / or failure to provide services by any DP or any other dispute arising
between the Member and the DPs, the Exchange shall not be responsible and / or
liable for the same.
|
|
|
|
|
|