What are the formalities for registering as a client of a NSE trading member/SEBI registered sub-broker?
All investors should register themselves with registered trading members/sub-brokers by: 1. Filling a Client Registration Form, and 2. Signing a Member-Constituent Agreement (copy available with all NSE trading members) The Member-Constituent Agreement contains the terms and conditions including order/trade confirmation, brokerage charged by a trading member, delivery of securities and funds and therefore helps reduce the chances of disputes in respect of the same.