There are actually 4 entities in the trading program. Investing customers, clearing associates, Skilled clearing associates and individuals.
one. Buying and selling users: Investing associates are customers of NSE. They're able to trade both by themselves account or on behalf in their clientele such as contributors. The exchange assigns a Trading member ID to every buying and selling member. Every single investing member might have multiple user. The number of consumers http://edition.cnn.com/search/?text=소액결제 allowed for each trading member is notifi ed with the exchange on occasion. Every user of the trading member have to be registered Using the exchange and is particularly assigned an special person ID. 소액결제정책 The exceptional investing member ID features as being a reference for all orders/trades of different consumers. This ID is common for all customers of a specific investing member. It is the obligation with the buying and selling member to keep up ample Manage above folks having access to the fi rms Consumer IDs.
two. Clearing associates: Clearing associates are associates of NSCCL. They carry out danger administration pursuits and confi rmation/inquiry of trades in the buying and selling process.
3. Qualified clearing members: A professional clearing customers is usually a clearing member that's not a investing member. Ordinarily, banks and custodians become Skilled clearing associates and distinct and accept their trading users.
4. Contributors: A participant is usually a client of trading customers like money establishments. These shoppers may well trade via multiple buying and selling customers but settle by way of a single clearing member.