Electronic trading platform participation requires fair admission criteria, participant due diligence, and unique identification by platform operators. Platform operators must apply objective, fair, transparent and non-discriminatory criteria for participant admission. They must conduct due diligence on ... Summary
Electronic trading platform participation requires fair admission criteria, participant due diligence, and unique identification by platform operators.
Platform operators must apply objective, fair, transparent and non-discriminatory criteria for participant admission. They must conduct due diligence on an applicant's reputation, competence, experience, and organisational, financial and technological capacity. Each participant must be uniquely identified through a Legal Entity Identifier, Permanent Account Number, or equivalent document. Resident Indian persons may participate where applicable law permits eligible instrument transactions outside India.
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