Select the correct order of trading and settlement procedure on the stock exchange.
A. Signing a broker - client agreement
B. Open a DEMAT Account
C. Placing an order with a broker to buy or sell shares.
D. Broker will go online to match share and best price available.
Choose the correct answer from the options given below:
Select the correct order of trading and settlement procedure on the stock exchange.
A. Signing a broker - client agreement
B. Open a DEMAT Account
C. Placing an order with a broker to buy or sell shares.
D. Broker will go online to match share and best price available.
Choose the correct answer from the options given below:
Solution
As per the NCERT trading procedure, the investor first approaches a registered broker and signs the broker-client agreement (A), then opens a demat account with a depository participant (B), then places a buy or sell order with the broker (C), after which the broker goes online to match the shares with the best available price (D). Hence A, B, C, D.
Related questions:
2026: 13 May Shift 1
2026: 29 May Shift 2