Clearing Member Clearing members are the members of the Clearing houses those who clears and settles deals via Clearing houses or Clearing corporation. In also addition, a CM (Clearing Member) may clear and settle all deals either on their account or on behalf of their client's subjects to the term and conditions prescribed by the Clearing houses. Whereas, in the case of … [Read more...]
Business Partners of NSDL
1. Depository Participants (DP): An investor enjoy services of NSDL through the Depository Participant (DP) of NSDL. Banks, financial institutions, brokers, custodians, and any other intermediary are some examples of NSDL which are appointed as per SEBI (Depository Participant) Regulations 2018. An investor needs to open a depository account with DP to enjoy the depository … [Read more...]