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Arrange the following steps in trading and settlement procedure in correct order:

A. Broker matches the share and best price available online.

B. Investor places an order with the broker to buy or sell shares.

C. Broker issues a contract note

D. Broker issues trade confirmation slip

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

The investor first places an order with the broker (B). The broker's system matches the shares with the best price available online (A). On execution, the broker issues a trade confirmation slip (D), and within 24 hours issues a contract note as legal proof (C). Hence B, A, D, C.

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