You can find four entities in the trading method. Buying and selling members, clearing members, Expert clearing associates and contributors.
one. Buying and selling customers: Investing members are customers of NSE. They are able to trade both by themselves account or on behalf of their shoppers like members. The Trade assigns a Investing member ID to every buying and 소액결제현금화 selling member. Just about every buying and selling http://query.nytimes.com/search/sitesearch/?action=click&contentCollection®ion=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/소액결제 member might have more than one person. The amount of users permitted for every buying and selling member is notifi ed with the Trade on occasion. Each individual consumer of the buying and selling member must be registered Using the exchange and is also assigned an one of a kind user ID. The exceptional trading member ID functions as a reference for all orders/trades of various buyers. This ID is frequent for all consumers of a specific investing member. It's the duty with the trading member to keep up suitable Manage in excess of individuals gaining access to the fi rms Consumer IDs.
two. Clearing customers: Clearing associates are members of NSCCL. They perform chance management pursuits and confi rmation/inquiry of trades from the buying and selling system.
three. Skilled clearing members: An expert clearing associates is really a clearing member who's not a buying and selling member. Typically, banking companies and custodians turn out to be Experienced clearing users and obvious and accept their buying and selling members.
4. Contributors: A participant can be a shopper of buying and selling customers like financial institutions. These shoppers may perhaps trade by means of numerous trading users but settle via a single clearing member.