Select the correct sequence of first five steps involved in the Trading and Settlement Procedure of Stock Exchange :
(A) Matching the share and best price available by broker
(B) Approach to a registered broker
(C) Open a Demat Account
(D) Issuance of a trade confirmation slip by broker to the investor
(E) Place an order of buying or selling with the broker
Choose the correct answer from the options given below :
Select the correct sequence of first five steps involved in the Trading and Settlement Procedure of Stock Exchange :
(A) Matching the share and best price available by broker
(B) Approach to a registered broker
(C) Open a Demat Account
(D) Issuance of a trade confirmation slip by broker to the investor
(E) Place an order of buying or selling with the broker
Choose the correct answer from the options given below :
Solution
The first five steps of Trading and Settlement are: Approach a registered broker (B), Open a Demat Account (C), Place an order of buying or selling (E), Matching of share and best price by broker (A), and Issuance of trade confirmation slip (D). Sequence: B, C, E, A, D.
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