You will discover four entities during the trading program. Investing associates, clearing users, professional clearing members and participants.
1. Trading members: Investing associates are customers of NSE. They will trade either by themselves account or on behalf of their shoppers which include participants. The Trade assigns a Trading member ID to https://en.wikipedia.org/wiki/?search=소액결제 each investing member. Each and every trading member may have multiple user. The number of buyers permitted for each trading member is notifi ed from the exchange from time to time. Each individual user of the trading member has to be registered With all the exchange and is assigned an unique consumer ID. The one of a kind investing member ID capabilities to be a reference for all orders/trades of various consumers. This ID is prevalent for all consumers of a specific buying and selling member. It's the accountability of your investing member to keep up satisfactory Regulate more than individuals getting access to the fi rms Consumer IDs.
two. Clearing users: Clearing associates are associates of NSCCL. They execute risk administration routines and confi rmation/inquiry of trades throughout the trading technique.
3. Experienced clearing customers: A specialist clearing associates is 소액결제현금화 really a clearing member who is not a trading member. Generally, financial institutions and custodians come to be Qualified clearing associates and very clear and settle for their trading customers.
four. Members: A participant is a shopper of trading users like monetary institutions. These clientele may possibly trade through several investing members but settle via a single clearing member.