Online Currency Trading For Dummies : Entities In The Trading System In Indian Stock Markets > There are four entities in the trading systemrading members, clearing members, professionalclearing members and participantsrading members: Trading members are members of NSEhey can trade either on their ownaccount or on behalf of their clients including participantshe exchange assigns a Trading memberID to each trading memberach and every trading member can have more than one userhe number ofusers allowed for every single trading member is notifi ed by the exchange from time to timeach and efairly userof a trading member must be registered with the exchange and is assigned an unique user IDheunique trading member ID functions as a reference for all orders/trades of different usershis ID isCommon for all users of a particular trading membert is the responsibility of the trading memberto maintain adequate control over persons having access to the fi rm's User IDslearing members: Clearing members are members of NSCCLhey carry out risk managementact ... [Read More @ Online Currency Trading For Dummies]
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Online Currency Trading For Dummies
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