Arrange the steps of Trading and Settlement procedure in Securities
A. Open a demat account
B. Place an order with the broker
C. Sign a broker-client agreement
D. Broker match the share price available
E. Broker issue a trade confirmation slip
Choose the correct answer from the options given below:
Arrange the steps of Trading and Settlement procedure in Securities
A. Open a demat account
B. Place an order with the broker
C. Sign a broker-client agreement
D. Broker match the share price available
E. Broker issue a trade confirmation slip
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 3
The trading and settlement procedure follows: Sign a broker-client agreement (C), Open a demat account (A), Place an order with the broker (B), Broker matches share price (D), and Broker issues trade confirmation slip (E). Thus, the order is C, A, B, D, E.
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