What is interoperability of exchanges and how does this affect my Equity and F&O trading?

TradeJini has embraced the SEBI-initiated interoperability (WEB) among Exchanges/Clearing Corporations, marking a significant evolution in settlement procedures. In the past, transactions conducted on NSE were cleared via NSE Clearing Limited, and those on BSE were cleared through ICCL. However, with the introduction of interoperability, transactions from both NSE and BSE, spanning Equity, CDS, and NFO, are now consolidated and settled through a unified clearing corporation. TradeJini has selected NSE Clearing Limited as its designated clearing partner for all trades.