main content start

Eligibility Criteria

Membership of the NSE CLEARING LIMITED is open to corporate entities, limited liability partnerships, partnership firms and individuals who fulfill the eligibility criteria laid down by SEBI and NCL.

Following categories are available for membership with NCL:

Types of MembershipCash SegmentFutures & Option    
Segment
Currency    
Derivatives Segment
Debt SegmentCommodity SegmentElectronic Gold    
Receipts Segment
Self Clearing Member
Clearing Member
Professional Clearing Member

Membership can be taken for any segments individually or in combination

Self Clearing Member“self-clearing member” means a clearing member who settles trades on its own account or of its clients.
Clearing Member“clearing member” means a person having clearing and settlement rights in any recognized clearing corporation.
Professional Clearing Member"professional clearing member" means a clearing member without having the trading rights in the same segment of any of the recognised stock exchange for which it is acting as a clearing member.
Updated On: 30/07/2026