The capital cost incurred by the exchange in setting up the clearing house is around Rs 10 crore.
This means that paper worth Rs 60 crore did not have to travel to Mumbai centre as was happening when the Mumbai was the only centre having a clearing house.
The figure accounted for 60 per cent of the total deliveries and only 40 per cent of the residual deliveries had to come to Mumbai.
Out of the total turnover of 20 per cent which Delhi normally accounts for, 15 per cent of the trades were matched among those who opted for Delhi as their regional clearing house.
The clearing house had begun operations from the last week after NSE upgraded the software used by the National Securities Clearing Corporation.
Many new features have been now added to the software which has made the data processing faster.
The new software first matches buy position of a member with the sale position of another member who has opted for the same regional clearing house and only the leftover positions are sent to the Mumbai centre.
Ravi Narain, deputy managing director, NSE said: The new software has expedited the operations considerably.
Earlier while we were sometimes able to send the members their obligations by 8 pm, we are able to do this now by 5.20 pm.
The National Stock Exchange expects to commence the Calcutta clearing house in about a month's time and after this Madras clearing house will begin.
This will considerably bring down the paper movement, Narain added.
While the regional clearing houses are able to match the local trades, the electronic funds transfer facility would further expedite the process.
