Study more material and gain knowledge in Stock Market. The actual process in Stock Market is, the Traders or Investors has to trade, and they can either place the Buy or Sell Order. First Traders and Investors must decide the particular stock to Buy or Sell (BSE and NSE), for this Process, they have to place the order through Broker.
After you place the Buy or Sell order in Share Market (NSE or BSE), that particular message will go to the Stock Exchange [(it can be either NSE (Nation Stock Exchange) or BSE (Bombay Stock Exchange)] then your order will stay in queue of Exchange's and finally your order will be executed, if the price of the particular share comes to that Value. To do Trade in Stock Market, it is necessary to have the demat account.
What is Demat Account and why it is required to trade in Stock Market? The Securities and Exchange Board of India (SEBI) has made to open a Demat account to place Buy or Sell order in Stock Market. So, to invest in Stock Market, Traders and Investors obviously need a Demat Account. The Initial amount is to open a demat account is different from Broker to Broker.
To open a demat account you must approach the Depository Participants. To Trade initially you need demat account and then Broker. Broker is a person who place the Buying and Selling Order, behalf of hi/her Customers (Traders or Investors).
No comments:
Post a Comment