You'll find 4 entities within the trading technique. Trading members, clearing users, Qualified clearing users and contributors.
1. Trading users: Investing members are customers of NSE. They can trade possibly on their 소액결제정책 own account or on behalf in their customers including participants. The exchange assigns a Buying and selling member ID to every investing member. Each trading member might have multiple consumer. The quantity of customers authorized for every buying and selling member is notifi ed by the Trade once in a while. Each individual person of the trading member have to be registered with the exchange and is also assigned an unique consumer ID. The special trading member ID capabilities as being a reference for all orders/trades of different consumers. This ID is common for all users of a selected buying and selling member. It is the obligation in the trading member to maintain http://www.thefreedictionary.com/소액결제 suitable Regulate in excess of folks gaining access to the fi rms User IDs.
2. Clearing members: Clearing associates are users of NSCCL. They perform chance administration functions and confi rmation/inquiry of trades throughout the trading method.
3. Experienced clearing associates: An expert clearing users is actually a clearing member who is not a buying and selling member. Normally, banking institutions and custodians become Expert clearing associates and clear and settle for their buying and selling members.
four. Individuals: A participant is often a customer of buying and selling associates like economic institutions. These clientele could trade by various trading associates but settle by way of a single clearing member.