Trading id vs order id in term of nse exchange and digits classification

General
1

Trading ID

  • A unique identifier assigned to a trading member by the National Stock Exchange (NSE) of India.
  • It is a 12-digit number that is used to identify the trading member across all segments of the NSE.
  • The trading ID is used by the trading member to access the NSE trading system and to place orders.
  • It is also used by the NSE to track the trading activity of the trading member.

Order ID

  • A unique identifier assigned to an order placed by a trading member on the NSE.
  • It is a 14-digit number that is generated by the NSE trading system when an order is placed.
  • The order ID is used to identify the order in the NSE trading system and to track its status.
  • It is also used by the trading member to cancel or modify the order.

Digit Classification

The trading ID and order ID on the NSE are classified as follows

IMG_20231003_202059
IMG_20231003_2020591440×379 120 KB

Example

Trading ID: EQ010212345678
Order ID: EQ01FO1234567890
Key Differences

The following table summarizes the key differences between trading ID and order ID on the NSE:

IMG_20231003_202701
IMG_20231003_2027012111×233 107 KB

Trading ID and order ID are two important concepts in NSE trading. The trading ID is used to identify the trading member, while the order ID is used to identify and track the order placed by the trading member. It is important to understand the difference between these two concepts to ensure efficient trading on the NSE.