You can find four entities during the trading process. Buying and selling users, clearing users, Experienced clearing users and participants.
1. Trading users: Investing associates are users of NSE. They could trade either by themselves account or on behalf in their purchasers which includes participants. The exchange assigns a Buying and selling member ID to each investing member. Just about every buying and selling member might have more than one person. The amount of users allowed for every trading member is notifi ed with the exchange once in a while. Each consumer of the buying and selling member should be registered While using the exchange which is assigned an exclusive consumer ID. The special trading member ID capabilities 정보이용료 as being a reference for all orders/trades of various users. This ID is prevalent for all users of a specific buying and selling member. It is the responsibility from the investing member to maintain ample Regulate around people accessing the fi rms Person IDs.
2. Clearing members: Clearing members are customers of NSCCL. They carry out chance administration functions and confi rmation/inquiry of trades throughout the investing system.
3. Expert clearing customers: Knowledgeable clearing members is http://edition.cnn.com/search/?text=소액결제 really a clearing member who is not a trading member. Typically, banks and custodians turn out to be Experienced clearing customers and apparent and settle for their investing associates.
four. Individuals: A participant is really a consumer of trading customers like monetary institutions. These purchasers may possibly trade by way of a number of investing associates but settle via a solitary clearing member.