There are four entities during the trading technique. Investing users, clearing members, Expert clearing users and contributors.
one. Investing customers: Investing users are members of NSE. They might trade either by https://www.washingtonpost.com/newssearch/?query=소액결제 themselves account or on behalf of their consumers together with participants. The exchange assigns a Trading member ID to every trading member. Every buying and selling member might have more than one consumer. The number of people authorized for every investing member is notifi ed from 소액결제 the exchange once in a while. Each individual user of a investing member must be registered With all the exchange and is particularly assigned an distinctive consumer ID. The unique trading member ID functions to be a reference for all orders/trades of different consumers. This ID is prevalent for all users of a specific trading member. It's the accountability with the trading member to keep up sufficient Regulate over folks having access to the fi rms Consumer IDs.
two. Clearing customers: Clearing users are associates of NSCCL. They perform possibility management activities and confi rmation/inquiry of trades from the trading system.
3. Professional clearing customers: A professional clearing customers is really a clearing member who's not a buying and selling member. Commonly, financial institutions and custodians develop into Skilled clearing users and distinct and accept their investing associates.
four. Members: A participant is actually a client of trading users like economic establishments. These clients may possibly trade through many buying and selling members but settle via a one clearing member.