MemberShip >  Depository Participants

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.
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