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What is UCC in Upstox

 

What is UCC in Upstox

Upstox is a leading online trading platform that allows customers to trade across multiple segments such as equities, commodities, currencies, futures, and options. In order to facilitate hassle-free trading, Upstox offers a unique identification number known as UCC or Unique Client Code to its clients. In this article, we will discuss what UCC is and how it is used in Upstox.

What is UCC in Upstox?

UCC or Unique Client Code is a 6-character code assigned to every client of Upstox. It is a unique identification number that helps Upstox to identify its clients easily. The UCC is a one-time alphanumeric code that is generated when the client opens an account with Upstox. The code is unique to each client and is used to identify the client's account across all the exchanges and segments where they trade.

Why is UCC important in Upstox?

The UCC is an important identification number that helps Upstox to keep track of its clients trading activities. The UCC helps to ideidentify the client's account across all the trade exchanges and ensures that all the trades executed by the client are tracked and recorded accurately. The UCC also helps Upstox to maintain the confidentiality and security of the client's trading account.

How is UCC generated in Upstox?

The UCC is generated automatically by the Upstox system when the client opens an account. The UCC is a unique alphanumeric code that consists of 6 characters. The first two characters of the UCC represent the exchange code where the client trades. The next two characters represent the code of the broker. The last two characters are randomly generated and are unique to each client.

How to find UCC in Upstox?

The UCC is a unique identification code that is generated automatically when the client opens an account with Upstox. The UCC is displayed on the Upstox dashboard under the 'Profile' section. The client can also find the UCC in the contract note sent to the client after every trade.

Conclusion

UCC or Unique Client Code is a unique identification number assigned to every client of Upstox. The UCC helps Upstox to identify its clients easily and track their trading activities across different exchanges and segments. The UCC has generated automatically when the client opens an account with Upstox and is a one-time alphanumeric code that consists of 6 characters. The UCC is an important identification number that helps Upstox to maintain the confidentiality and security of the client's trading account.

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