You can find four entities from the trading process. Buying and selling associates, clearing customers, professional clearing users and members.
1. Buying and selling members: Buying and selling users are associates of NSE. They might trade possibly by themselves account or on behalf in their consumers like members. The exchange assigns a Buying and selling member ID to every investing member. Every single trading member may have multiple person. The quantity of people authorized for every investing member is notifi ed via the Trade every so often. Just about every user of a investing member have to be registered Along with the Trade and is particularly assigned an special user ID. The one of a kind investing member 소액결제 ID functions being a reference for all orders/trades of various people. This ID is typical for all customers of a particular trading member. It is the responsibility of the buying and selling member to maintain adequate Regulate more than folks accessing the fi rms Consumer IDs.
2. Clearing associates: Clearing customers are users of NSCCL. They perform threat administration routines and confi rmation/inquiry of trades in the buying and selling system.
3. Experienced clearing customers: A specialist clearing users is usually a clearing member that's not a https://www.washingtonpost.com/newssearch/?query=소액결제 investing member. Usually, financial institutions and custodians turn into Skilled clearing users and obvious and settle for their buying and selling customers.
four. Participants: A participant can be a client of trading customers like money establishments. These customers may well trade by way of numerous buying and selling users but settle by way of a solitary clearing member.