Self‐clearing members can clear trades done by them only

Trading cum clearing members can trade and clear trades done by him, but cannot trade and clear trades done by others.

Direct Market Access facility is introduced for

On receipt of the order at the Exchange system, an order confirmation is sent to the broker.

Depending upon the order terms and conditions and the actual prevailing market prices, the order may get executed immediately, partially or fully.

The order can be entered for buy or sell irrespective of whether the client has sufficient balance of funds or securities in his account.

Contract note is confirmation of trade done during the particular day with all details of which securities have been bought or sold, at price etc.

Risk containment measures includes which of the following

SPAN method of calculating margin requirement is for trades done

Failure to maintain and furnish documents as prescribed under various rules and regulation may attract penalty upto Rs. 1 crore.