You can find four entities within the buying and selling system. Investing users, clearing users, Experienced clearing members and members.
one. Buying and selling associates: Buying and selling associates are customers of NSE. They are able to trade possibly by themselves account or on behalf of their purchasers like members. The exchange assigns a Buying and selling member ID to each buying and selling member. Each individual investing member might have multiple consumer. The amount of end users allowed for each trading member is notifi ed by the Trade every https://www.washingtonpost.com/newssearch/?query=소액결제 so often. Each individual consumer of the investing member needs to be registered Using the Trade and is particularly assigned an distinctive user ID. The distinctive investing member ID capabilities like a reference for all orders/trades of various end users. This ID is prevalent for all 정보이용료 users of a certain buying and selling member. It is the obligation from the trading member to take care of sufficient Command around persons having access to the fi rms User IDs.
2. Clearing members: Clearing associates are customers of NSCCL. They carry out chance administration routines and confi rmation/inquiry of trades with the buying and selling program.
three. Specialist clearing customers: Knowledgeable clearing users is a clearing member that is not a investing member. Generally, banks and custodians grow to be professional clearing users and apparent and settle for their buying and selling users.
four. Individuals: A participant is usually a customer of trading users like monetary establishments. These clientele may well trade by various investing customers but settle through a single clearing member.