CP Code

CP or Custodial Participant Code is a unique code assigned to NRI who want to do equity F&O trading. All the funds for derivatives trading are held by NRIs with their custodian who intimate stock broker for the F&O trading limit.

An NRI can buy and sell equity F&O contracts with their broker and then trades are settled by custodian. For this, NRIs are charged with a clearing fee of Rs 200 to Rs 300 per crore.

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