You can find four entities within the buying and selling procedure. Trading members, clearing associates, Expert clearing members and members.
1. Buying and selling associates: Investing customers are customers of NSE. They are able to trade either on their own account or on behalf in their clients including participants. The Trade assigns a Trading member ID http://query.nytimes.com/search/sitesearch/?action=click&contentCollection®ion=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/소액결제 to every trading member. Each and every investing 정보이용료 member may have multiple consumer. The amount of buyers permitted for every investing member is notifi ed through the Trade once in a while. Every single consumer of a investing member has to be registered Along with the exchange and is assigned an exceptional user ID. The special investing member ID capabilities to be a reference for all orders/trades of various buyers. This ID is common for all end users of a certain trading member. It's the obligation in the buying and selling member to take care of ample Manage above individuals having access to the fi rms Person IDs.
two. Clearing associates: Clearing customers are members of NSCCL. They perform risk management pursuits and confi rmation/inquiry of trades with the buying and selling system.
three. Specialist clearing members: A professional clearing customers can be a clearing member who is not a buying and selling member. Generally, banks and custodians develop into Specialist clearing users and obvious and settle for their buying and selling users.
four. Members: A participant is usually a customer of investing associates like fiscal establishments. These clients may well trade via various investing users but settle by way of a one clearing member.