Master Capital Services begins F&O clearing and settlement on NSE and BSE

Master Capital Services Limited, a wholly owned subsidiary of Master Trust, began clearing and settlement services for Futures and Options trades on the National Stock Exchange and BSE effective October 15, 2026. ScanX reported the launch, which lets clients trade with multiple trading members through a single Custodian Participant Code.

How the Master Capital Clearing Service Works

The service covers clearing and settlement of trades executed in the F&O segment of both exchanges. Clients deposit funds or pledge securities with Master Capital Service Limited and use one CP Code to trade across several trading members, rather than holding separate collateral for each account.

Positions held across different trading members are aggregated for margin calculation, which the company said can lower the capital locked in by investors. The same code also allows open positions to be squared off or hedged through another trading member if technical issues disrupt trading with an existing member.

Harjeet Singh Arora, Managing Director of Master Trust Limited and Master Capital Services Limited, said the start of these services marks an important milestone for the subsidiary. He said enabling clients to trade with multiple members through a single code aims to provide greater capital efficiency, convenience and continuity in the F&O segment.

Master Trust was established in 1985 and offers equity and commodity trading, derivatives, portfolio management, wealth management, depository services, merchant banking, insurance, research, algorithmic trading and NBFC services. It operates through a network spanning 22 states with 63 branches and over 4.36 lakh registered customers.

Master Trust's FY26 Figures

According to akta.pro company records, Master Trust was founded in 1985 and is headquartered in Ludhiana, with a headcount range of 501 to 1,000. The company reported FY26 consolidated total income of ₹5,758.5 Mn, EBITDA of ₹2,361.7 Mn and net profit of ₹1,260.9 Mn.

Deals and Results Before the Clearing Launch

Master Trust acquired 100% of Future Colonizers & Construction Limited for ₹50 lakh in cash, paying ₹10 per share for 500,000 shares, ScanX reported in October 2026. In August 2026, ScanX reported that the company scheduled a board meeting for September 3, 2026 to approve FY26 results, the directors' report and the secretarial audit report for the year ended March 31, 2026, along with related-party transactions with Master Capital Services Limited. Devdiscourse reported in August 2026 that Master Trust's Q1 FY27 total income grew 13.8% year-on-year to ₹1,497.9 million and profit after tax rose 27.8% to ₹346.5 million.

Dussehra Market Holiday

The Indian stock market will remain closed on Dussehra, October 20, 2026, affecting the equity, derivatives and SLB segments, Zee Business reported. Trading resumes on October 21, 2026, while commodity derivatives and EGR follow separate schedules.