The following steps are involved in the buying and selling of securities in a stock exchange:- 1. Selection of a Broker 2. Placing an Order 3. Making the Contact 4. Preparing Contract Note 5. Settlement of Transaction. Step # 1. Selection of a Broker and Opening a Trading Account: The purchase or sale of shares has to be made only [...]
In this article we will discuss about:- 1. Introduction to OTCEI 2. OTCEI - The Concept 3. Features of OTCEI 4. Advantages of OTCEI 5. The Mechanism of Trade – OTCEI 6. Participants of OTCEI. Contents: Introduction to OTCEI OTCEI - The Concept Features of OTCEI Advantages of OTCEI The Mechanism of Trade – OTCEI Participants of OTCEI 1. Introduction [...]
The following points highlight the three main types of trading systems in a stock exchange. The systems are: 1. Screen Based Trading System 2. Scripless Trading 3. Demat Trading. Type # 1. Screen Based Trading System: The stock exchanges now provide an on-line fully automated 'screen based trading system (SBTS)'. The Important Features of SBTS: 1. A member can punch [...]