You will discover 4 entities during the buying and selling process. Investing customers, clearing users, Experienced clearing members and participants.
one. Investing members: Trading customers are customers of NSE. They are able to trade both on their own account or on behalf in their consumers which include members. The Trade assigns a Trading https://en.wikipedia.org/wiki/?search=소액결제 member ID to every buying and selling member. Every buying and selling member may have multiple person. The volume of users authorized for every buying and selling member is notifi ed from the Trade every so often. Just about every consumer of the trading member must be registered with the exchange and is also assigned an special person ID. The exceptional buying and selling member ID functions like a reference for all orders/trades of different buyers. This ID is typical for all people of a specific investing member. It is the accountability from the investing member to keep up sufficient Regulate over people getting access to the fi rms Person IDs.
two. Clearing customers: Clearing members are members of NSCCL. They execute risk management functions and confi rmation/inquiry of trades with the investing procedure.
three. Qualified clearing customers: A professional clearing customers is actually a clearing member that's not a investing member. Generally, banking 소액결제정책 companies and custodians come to be Experienced clearing users and clear and settle for their investing customers.
four. Participants: A participant is a shopper of buying and selling users like money establishments. These clients could trade via various investing users but settle through a single clearing member.