You will find four entities inside the buying and selling method. Investing users, clearing customers, Experienced clearing associates and contributors.
one. Trading associates: Buying and selling customers are customers of NSE. They will trade either on their own account or on behalf of their consumers which include individuals. The exchange assigns a Trading member ID to each investing member. Every single trading member might have more than one user. The number of consumers authorized for each buying and selling member is notifi ed through the exchange every now and then. Each http://edition.cnn.com/search/?text=소액결제 individual consumer of the trading member needs to be registered Using the Trade and is also assigned an special user ID. The special buying and selling website member ID functions being a reference for all orders/trades of various end users. This ID is popular for all users of a selected buying and selling member. It's the obligation on the buying and selling member to keep up enough control around people having access to the fi rms User IDs.
2. Clearing users: Clearing users are associates of NSCCL. They carry out hazard management routines and confi rmation/inquiry of trades in the buying and selling technique.
3. Expert clearing associates: Knowledgeable clearing members can be a clearing member that's not a trading member. Normally, banking institutions and custodians grow to be Experienced clearing customers and clear and accept their buying and selling associates.
4. Individuals: A participant is often a customer of trading users like monetary establishments. These customers might trade by way of many buying and selling customers but settle through a one clearing member.