You can find 4 entities from the trading method. Investing users, clearing customers, Qualified clearing customers and members.
one. Investing users: Investing users are associates of NSE. They can trade both on their own account or on behalf in their shoppers which include individuals. The Trade assigns a Trading member ID to each investing member. Each individual trading member might have multiple user. The number of customers allowed for each trading member is notifi ed through the Trade every now and then. Each individual user of a trading member has to be registered Along with the Trade and is assigned an distinctive consumer ID. The special trading member ID functions as being a reference for http://query.nytimes.com/search/sitesearch/?action=click&contentCollection®ion=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/소액결제 all orders/trades of various users. This ID is typical for all customers of a particular buying and selling member. It is the accountability on the investing member to take care of ample Regulate in excess of people gaining access to the fi rms User IDs.
two. Clearing users: Clearing customers are members of NSCCL. They execute threat management actions and confi rmation/inquiry of trades with the investing procedure.
three. Skilled clearing associates: An experienced clearing users is usually a clearing member who's not a investing member. Ordinarily, banking companies and custodians turn out to be Expert clearing associates and distinct and settle for their buying and selling members.
four. Contributors: A participant is usually a consumer of buying and selling associates like 소액결제정책 money institutions. These consumers may trade as a result of many trading members but settle via a one clearing member.