You will find four entities inside the buying and selling program. Buying and selling associates, clearing members, Skilled clearing associates and participants.
1. Trading associates: Investing users are members of NSE. They can trade both by themselves account or on behalf of their shoppers which includes individuals. The exchange assigns a Buying and selling member ID to each buying and selling member. Each buying and selling member may have multiple consumer. The volume of users allowed for every buying and selling member is notifi ed by the exchange every now and then. Every single consumer of the buying and selling member http://query.nytimes.com/search/sitesearch/?action=click&contentCollection®ion=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/소액결제 should be registered Using the exchange and is assigned an special user ID. The unique buying and selling member ID features to be a reference for all orders/trades of different people. This ID is common for all users of a particular trading member. It's the responsibility with the investing member to keep up suitable Manage more than people getting access to the fi rms Person IDs.
two. Clearing associates: Clearing members are users of NSCCL. They perform hazard administration actions and confi rmation/inquiry of trades through the investing program.
three. Skilled clearing customers: A professional clearing users is usually a 소액결제정책 clearing member that is not a trading member. Ordinarily, banks and custodians become Experienced clearing customers and obvious and accept their investing users.
4. Participants: A participant is really a consumer of buying and selling associates like financial institutions. These clientele may trade by various trading users but settle via a single clearing member.