Benefits of NSE to Trading Members:
(1) Trading members can provide efficient service to their clients.
(2) Their back office load is reduced considerably as the system generates details
of trade undertaken.
(3) They can benefit from high growth in trading volumes which takes place when
an automated trading system is introduced.
(4) They can trade from their respective offices and can make use of full back office
support for trading.
(5) There will be no need to occupy office premises near the Exchange as at
present. This will reduce establishment charges.
(6) Members can install a computer network of their own to receive their client
orders which they can interface with the exchange, leading to a large increase
in business.
(7) Large growth opportunities will also emerge on the NSE as foreign financial
institutions may prefer the automated and regulated market which the NSE will
provide.
(8) The NSE system will provide “best price” to participants in the market.
(9) Improved efficiency of trading and resultant higher liquidity will allow for greater
flexibility in money management.
(10) The system ensures fairness amongst members.
(11) Settlement of transactions will be quick and efficient.
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