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There are four entities inside the investing program. Trading associates, clearing associates, Expert clearing users and members.

one. Buying and selling users: Buying and selling customers are members of NSE. They will trade possibly by themselves account or on behalf of their clientele which include members. The exchange assigns a Trading member ID to each investing member. Every trading member can have more than one consumer. The amount of consumers authorized for every investing member is notifi ed via the Trade every now and then. Every single person https://en.search.wordpress.com/?src=organic&q=소액결제 of the trading member has to be registered With all the Trade and is assigned an special consumer ID. The distinctive buying and selling member ID features to be a reference for all orders/trades of various people. This ID is prevalent for all consumers of a particular investing member. It's the responsibility from the investing member to keep up satisfactory Manage above individuals getting access to the fi rms User IDs.

two. Clearing members: Clearing associates are customers of NSCCL. They perform hazard administration activities and confi rmation/inquiry of trades in the buying and selling technique.

three. Qualified clearing users: A specialist clearing users is actually a clearing member that is not a trading member. Typically, banking institutions 소액결제정책 and custodians develop into Qualified clearing users and obvious and accept their trading customers.

four. Participants: A participant is a shopper of buying and selling members like economic institutions. These customers might trade via many trading associates but settle through a single clearing member.