After reading this article you will learn about the Organisation and Growth of Stock Exchanges. Stock Exchanges in India are organised in any of the following forms: (a) Voluntary, non-profit making associations, e.g., Bombay, Ahmedabad and Indore; (b) Public Limited Companies such as Calcutta, Delhi and Bangalore stock exchanges; and (c) Company Limited by guarantee, e.g.; Hyderabad and Madras stock [...]
This article throws light upon the top nine functions of stock exchange. The functions are: 1. Ensure Liquidity of Capital 2. Continuous Market for Securities 3. Evaluation of Securities 4. Mobilising Surplus Savings 5. Helpful in Raising New Capital 6. Safety in Dealings 7. Listing of Securities 8. Platform for Public Debt 9. Clearing House of Business Information. Function # [...]
This article throws light upon the top seven procedures for dealing at stock exchange. The procedures are: 1. Selection of a Broker 2. Placing an Order 3. Making the Contract 4. Contact Note 5. Settlement 6. Electronic Settlement of Trade 7. Rolling Settlement. Procedure # 1. Selection of a Broker: The first thing to be done is to select broker [...]