Description
Overview of Capital Market (Basics)
(Overview Of Capital Market )
1
Capital market Participants
2
? SEBI ? Depositories ? Depository Participants ? Demat account ? Stock Brokers ? Settlement
6/28/2013
Securities and Exchange Board Of India
3
? Improving Market efficiency.
? Enhancing Transparency. ? Checking unfair trade practices . ? Bringing the Indian market to International standards
6/28/2013
Depositories
4
The Principal function of the Depository is to dematerialise securities and enable their transactions in book-entry form.
? National Securities Depository Limited. ? Central Depository Security (India) Limited
6/28/2013
Depository Participants (DP)
5
They are the intermediaries between the depository and Investors
Depository
DP
DP
Broker
Investor
Broker
Investor
6/28/2013
Demat Account
6
Bank
Demat
Holds funds in accounts Transfer funds between accounts Transfer without handling cash
Holds securities in accounts Transfers securities between accounts Transfer without handling physical securities
Safekeeping of money
Safekeeping of securities
6/28/2013
Stock Brokers
7
? Intermediaries who are allowed to trade in securities
on the exchange.
? They buy and sell on their won behalf as well as on
behalf of their clients.
? For retail clients it’s compulsory to open a Broking
account.
6/28/2013
Settlements
8
? Off-market Transactions
? Market Transaction
6/28/2013
9
6/28/2013
doc_704304891.ppt
Overview of Capital Market (Basics)
(Overview Of Capital Market )
1
Capital market Participants
2
? SEBI ? Depositories ? Depository Participants ? Demat account ? Stock Brokers ? Settlement
6/28/2013
Securities and Exchange Board Of India
3
? Improving Market efficiency.
? Enhancing Transparency. ? Checking unfair trade practices . ? Bringing the Indian market to International standards
6/28/2013
Depositories
4
The Principal function of the Depository is to dematerialise securities and enable their transactions in book-entry form.
? National Securities Depository Limited. ? Central Depository Security (India) Limited
6/28/2013
Depository Participants (DP)
5
They are the intermediaries between the depository and Investors
Depository
DP
DP
Broker
Investor
Broker
Investor
6/28/2013
Demat Account
6
Bank
Demat
Holds funds in accounts Transfer funds between accounts Transfer without handling cash
Holds securities in accounts Transfers securities between accounts Transfer without handling physical securities
Safekeeping of money
Safekeeping of securities
6/28/2013
Stock Brokers
7
? Intermediaries who are allowed to trade in securities
on the exchange.
? They buy and sell on their won behalf as well as on
behalf of their clients.
? For retail clients it’s compulsory to open a Broking
account.
6/28/2013
Settlements
8
? Off-market Transactions
? Market Transaction
6/28/2013
9
6/28/2013
doc_704304891.ppt