- This topic has 373 replies, 370 voices, and was last updated 2 years, 7 months ago by
.
-
Posts
-
All the traders are connected to exchange only through certified brokers. And it is brokers responsibility to check that the orders are placed with proper depts in traders’s account. Exchange will take from brokers deposit if any misplaced orders from their client, to solve the settlement with counter party.
Trading is always done through brokers. Stock exchanges ensure the traders counter party risk with brokers of the actual party. If the actual party creates an issue the corresponding amount is taken from the party’s broker account and handed over to the counter party
Brokers are the bridge between exchange and traders. Exchange takes some deposits from the broker for providing broking license. Any dispute in the trade executed, first exchange settle the dispute with broker’s deposit to the counter party and the broker in turn should recover it from his trader.
- You must be logged in to reply to this topic.
