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Does the NDS platform provide for dealing on behalf of constituent SGL account holders?

April 26, 2017account behalf constituent dealing HOLDERS NDs Platform SGL

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Does the NDS platform provide for dealing on behalf of constituent SGL account holders?

1 Answer

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Yes, a member can deal on NDS on behalf of its own constituent account holder in government securities, based on the price given by the client but only for outright transactions. Presently repo transaction can not be entered by the member on behalf of its constituent.