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You will find 4 entities during the trading process. Buying and selling associates, clearing members, Expert clearing customers and members.

1. Trading members: Investing members are customers of NSE. They are able to trade possibly on their own account or on behalf http://edition.cnn.com/search/?text=소액결제 of their customers which include participants. The exchange assigns a Investing member ID to every investing member. Each buying and selling member may have multiple user. The number of people authorized for each trading member is notifi ed because of the Trade from time to time. Each and every person of a investing member must be registered with the exchange and is particularly assigned an one of a kind consumer ID. The special trading member ID capabilities for a reference for all orders/trades of various buyers. This ID is prevalent for all buyers of a particular investing member. It is the obligation with the trading member to take care of suitable Command above persons having access to the fi rms Consumer IDs.

two. Clearing users: 정보이용료 Clearing associates are users of NSCCL. They perform chance management things to do and confi rmation/inquiry of trades from the investing system.

3. Professional clearing members: Knowledgeable clearing members is actually a clearing member that's not a investing member. Usually, banks and custodians turn into Expert clearing customers and obvious and settle for their investing users.

4. Participants: A participant can be a customer of investing members like economical institutions. These consumers may perhaps trade by means of numerous buying and selling users but settle by way of a one clearing member.