Market Snapshot
  • BSE Sensex: 80920.77 -0.50%
  • BSE 500: 35319.42 -0.16%
  • BSE 200: 11122.12 -0.25%
  • BSE 100: 25709.87 -0.30%
  • BSE MidCap: 44423.25 0.22%
  • BSE SmallCap: 50245.5 0.53%
  • BSE BANKEX: 62020.53 -0.56%
  • BSE IT: 37104.52 -0.25%
  • Nifty 50: 24547.65 -0.48%
  • Nifty 500: 22461.05 -0.17%
  • Nifty 200: 13641.9 -0.26%
  • Nifty 100: 25106.05 -0.35%
  • Nifty Midcap 100: 56220.4 0.15%
  • Nifty Small 100: 17211.05 0.37%
  • Nifty IT: 37696.45 -0.42%
  • Nifty PSU Bank: 6587.65 -0.33%
News:
  • Eicher Motors gains after Q4 P...
  • Oil India Ltd Slips 0.88%...
  • Nelcast Ltd Spurts 13.44%...
  • Agi Greenpac records PAT of Rs...
  • Allcargo Logistics appoints Ra...
  • Euro to INR: 94.78 0.26%
  • Pound to INR: 112.65 0.46%
  • Yen to INR: 0.58 0.09%
  • Dollar to INR: 85.09 0.26%
My Portfolio:

Advantage AxisDirect

The CM BP ID (Clearing Member Business Partner ID) is an 8-character code (e.g., "IN500025") assigned by NSDL/CDSL to uniquely identify a clearing member within the depository system. It is used for facilitating the transfer of securities, the CM BP IDs for Axis Securities Limited are listed below:

NSE: IN56443

BSE: IN5655541

Clearing Member (CM):

In stock markets, a clearing member is a stock exchange participant who executes trades on their own account and on behalf of their clients while ensuring the clearing and settlement of those trades.

Business Partner (BP):

A business partner is a term used in the context of depository participants (DPs) and clearing members, representing a relationship between them.

CM-BP-ID:

This ID is assigned by NSDL (National Securities Depository Limited) or CDSL (Central Depository Services Limited) to a clearing member.

Purpose:

The CM-BP-ID is used to identify the clearing member to whom securities are to be transferred during the settlement process.

How to find it:

You can find the CM-BP-ID from your broker, as it's the ID they use to identify themselves within the depository system.

vV5.0.0.6-60