The National Commodity & Derivatives Exchange Limited (NCDEX) on March 25, 2025, issued a circular regarding the annual calendar for settlement of running account of clients’ funds lying with the trading members.
The following has been stated namely: -
• A reference to SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD1/P/CIR/2023/197 dated December 28, 2023 and Exchange Circular NCDEX/COMPLIANCE-155/2023 dated December 29, 2023, on “Settlement of Running account of clients’ funds lying with the Trading Members (TM)”.
• It states that the exchanges have issued the annual settlement calendar for running accounts (quarterly and monthly) for the financial year 2025-26, as per SEBI Circular para 3.2 and 6.3, outlined in Annexure A.
[Circular No: NCDEX/COMPLIANCE-008/2025]