Examples of Trading Member in a sentence
In case any of the positions limits (client level, Trading Member level, market level) are breached, PSPL may initiate square off.
Without prejudice to the generality of the above, the Trading Member shall place with the Clearing Member an amount of Rs.____ as deposit which shall be maintained at any point of time.
This applies regardless of whether the Trading Member has already used the connection or has made a functional test.
To transfer the Securities held in my/our aforesaid Demat Account towards exchange (s) related delivery obligations arising out of trades executed by me/us through the above said Trading Account with the Trading Member, on the National Stock Exchange of India Limited /Bombay Stock Exchange Limited or any Exchange (s) the Trading Member may take the membership from the recognised stock Exchange (s) provided that I/We have executed Member-Constituent Agreement with the Trading Member for such Exchange (s).
No. Trading Member shall not be required to collect upfront margins, in respect of positions for which early pay-in of securities/funds is made by the clients to the trading member on the date of execution of the transaction.