what is trading procedure
Dear student,
For trading in stock exchange one first need to choose a broker who will buy/sell securities on behalf of investor.
2) After choosing broker, one needs to open a demat account with a depository to trade in securities in listed form.
3) The next step is to place order through broker via telephone, mail, etc.
4) The broker then buy/sell securities as per the instructions of the broker.
5) The broker then issues contract note containing details of securities and hand over a signed copy of same to the client.
6) At last brokers do settlement on behalf of client.
Regards
For trading in stock exchange one first need to choose a broker who will buy/sell securities on behalf of investor.
2) After choosing broker, one needs to open a demat account with a depository to trade in securities in listed form.
3) The next step is to place order through broker via telephone, mail, etc.
4) The broker then buy/sell securities as per the instructions of the broker.
5) The broker then issues contract note containing details of securities and hand over a signed copy of same to the client.
6) At last brokers do settlement on behalf of client.
Regards