Clearing Services is a process of clearing and settling trades performed by the FPI — Foreign Portfolio Investors and Trading Members (TMs) in Equity F&O, Currency Derivatives segments of BSE and NSE. To avail of the Clearing Services through Finvasia, the trader needs to sign a clearing agreement, submit the required documents, and avail of the cleaning services.
Finvasia offers a detailed report on risk activities, collateral, financial, and positions of the trading members. Finvasia is among a few brokers in India offering clearing services.
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