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Why should I deal only with a trading member of NSE/SEBI registered sub-broker of NSE trading member?

April 26, 2017deal NSE registered sebi sub-broker trading

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Why should I deal only with a trading member of NSE/SEBI registered sub-broker of NSE trading member?

1 Answer

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The Exchange can ensure settlement and handle disputes/claims arising out of only those trades which are executed on NSE through registered trading members /registered sub-brokers. Hence for all trades done on NSE through an entity who is not registered, the investor has no recourse through the Exchange in case of non settlement or a claim/dispute arising out of the same.