You will find 4 entities inside the trading program. Trading users, clearing members, Experienced clearing users and members.
one. Trading members: Trading users are users of NSE. They're able to trade both on their own account or on behalf in their clients which includes individuals. The Trade assigns a Buying and selling member ID to each buying and selling member. Each trading member may have more than one consumer. The amount of users authorized for every investing member is notifi ed from the exchange occasionally. Just about every user of the buying and selling member has to be registered with the exchange and it is assigned an one of a kind person ID. The distinctive trading member ID functions as http://edition.cnn.com/search/?text=소액결제 a reference for all orders/trades of different users. This ID is popular for all people of a particular investing member. It is the responsibility of your buying and selling member to keep up sufficient Management around individuals having access to the fi rms Person IDs.
2. Clearing customers: Clearing customers are users of NSCCL. They execute hazard management activities and confi rmation/inquiry of trades with the trading system.
3. Expert clearing members: Knowledgeable clearing associates is really a clearing member that's not a investing member. Ordinarily, banking institutions and custodians turn out to be Skilled clearing associates and crystal clear and settle for their trading users.
4. Individuals: A participant is really a shopper of investing users like financial establishments. These purchasers may trade by means of numerous investing customers but settle by way of a 소액결제정책 one clearing member.