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This topic contains 373 replies, has 370 voices, and was last updated by  Divya E R 8 months, 1 week ago.

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  • #84605
     dhanalakshmi 
    Participant
    Rank: Level 3

    COUNTER PARTY RISK IS ENSURED BY STOCK BROKERS WHO ACTS AS MIDDLEMAN OF TRADER AND STOCK EXCHANGE.

    #84740
     J Santhosh Kumar 
    Participant
    Rank: Level 3

    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 balance in traders’s account. Exchange will take from brokers deposit if any misplaced orders from their client, to solve the settlement with counter party

    #91056
     Abinaya Ravishankar 
    Participant
    Rank: Level 2

    Brokers act as a middlemen between Exchange and traders. All certified brokers have to pay caution deposit to the exchange. In case of any disputes the exchange have to take necessary actions to resolve the dispute. If cash its a cash dispute, the exchange take amount from caution deposit and solve the counter party dispute.

    #159803
     Divya E R 
    Participant
    Rank: Level 3

    Traders are connected to exchange only through certified brokers and it is the brokers responsibility to check that the orders are placed with proper depts in the traders’ accounts. The exchange will take from brokers deposit if any misplaced orders from their client in order to solve the settlement with the counterparty.

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