You will find four entities while in the buying and selling procedure. Buying and selling customers, clearing associates, professional clearing users and participants.
one. Trading members: Buying and selling users are customers of NSE. They could trade both by themselves account or on behalf in their shoppers which includes participants. The Trade assigns http://xn--7y2br0oc8jnkbb1f.kr/ a Trading member ID to every trading member. Each and every buying and selling member can have multiple user. The amount of end users authorized for every investing member is notifi ed from the Trade from time to time. Every single consumer of the investing member need to be registered Using the Trade and is particularly assigned an distinctive consumer ID. The distinctive buying and selling member ID functions as being a reference for all orders/trades of different end users. This ID is frequent for all people of a certain investing member. It is the obligation on the buying and selling member to maintain satisfactory Command in excess of individuals accessing http://www.bbc.co.uk/search?q=소액결제 the fi rms Person IDs.
2. Clearing customers: Clearing associates are users of NSCCL. They perform chance management activities and confi rmation/inquiry of trades through the buying and selling method.
3. Experienced clearing members: An expert clearing members is really a clearing member who is not a buying and selling member. Typically, banks and custodians turn into Experienced clearing customers and crystal clear and accept their trading customers.
4. Individuals: A participant is really a customer of investing customers like economical establishments. These purchasers might trade by various investing customers but settle by way of a single clearing member.