How can NRI trade in equity F&O?

NRI who have mapped the NRO bank account with the NRI trading account can trade in the equity derivative segment.

NRIs who wish to trade in F&O have to first get a custodial participant (CP) code from a clearing member to clear & settle all F&O trades.

After obtaining a CP code from the Clearing Corporation, NRI can allocate funds for F&O trading. Stock brokers partner with different corporations like Orbis to provide custodial services to NRI customers.