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good afternoon class today we would move on to the next main topic which is clearing and settlement so just like what we learnt in the previous session regarding the trading system and all that we had the last point as clearing and settlement again so at the same point which is discussed here but we would learn about two different methods of settlement so letamp;#39;s move on from one so like we learned previously in the one of the last trading system we have the same procedure given within the same words we learnt it has you know bullet points in the previous point but here we are just learning as the somebody sort of thing it refers to the same thing okay so the NSC CL is the main Clearing House of the clearing exchange which is doing immense clearing for most of the transactions in India in a CC L or the national securities Clearing Corporation Limited okay now in order to clear the trades of transactions of different commodity exchanges commodity exchange is supposed to give a res