Question

Settlement of transactions at NSE is explained in which of the following points?

• A. The system helps by providing a perfect match with sensible interest rate and repayment period.
• B. Since trading in NSE is online, the matching of order in real-time makes it easy and ensures transactions are settled quickly and efficiently.
• C. Buy order and Sell orders are effectively and quickly matched with the help of the trading software.
• D. The opening and closing prices of stocks are available for the investors on screen in real-time.

Answer 1

The correct option is B Since trading in NSE is online, the matching of order in real-time makes it easy and ensures transactions are settled quickly and efficiently.

Since trading in NSE is online, the matching of order in real-time makes it easy and ensures transactions are settled quickly and efficiently- settlement at NSE is explained by this statement. NSE is the leading stock exchange in India, situated in Mumbai. Settlement can be defined as a process of actual exchange of money for the securities. It is done by the Clearing Member of NSE who has responsibiity to settle all deals executed by Trading member.