"We are hopeful of resuming trading on our own trading platform C-Star soon after SEBI circular core settlement guarantee fund which gives greater clarity on the risk for clearing corporations," CSE MD & CEO B Madhav Reddy told PTI.
"We are evaluating to meet the regulator's requirement in meeting the risks on the clearing corporation," he said.
Reddy said that the CSE had settlement guarantee fund of over Rs 100 crore. It had also appointed a consultant to sell a real estate asset to raise Rs 250-300 crore to be ploughed back for running of the exchange.
Due to clearing corporation hurdle, C-Star, the CSE's own platform, remained non-functional since April 2013.
CSE failed to meet capital adequacy of Rs 500 crore for the new clearing corporation and was trying to tie up with other operational clearing corporations to carry out the settlements.
The CSE had also sought an extension of nine months for implementing the SEBI's guidelines for regional stock exchanges, which ended in May, 2014.