Description
Share Trading Broker Company
Economic Management
Project Name Share Trading Broker Company
WHAT IS STock MARkET…?
A stock market or equity market is a public entity for the trading of company stock (shares) and derivatives at an agreed price
Basic requirements for buying, holding and selling shares
There are a few basic requirements that need to be in place before an individual can start the process of buying, holding and selling shares. The 3 basic things needed for getting started are: ? Dmat Account ? Trading Account ? Bank Account
Demat Account
A Demat account is like a Bank Account, with the difference being that instead of cash, a Dmat account holds shares. So, if shares are bought, they are deposited into the buyers Dmat account and if shares are sold, they are reduced accordingly from the Dmat account.
The shares that are deposited to or reduced from the Demat account are electronic shares. For an individual wishing to trade in shares, it is compulsory to trade only in Demat (dematerialized) shares. Physical shares cannot be traded. Demat shares have many advantages in terms of ease of handling etc.
A Demat account can be opened through most banks and financial institutions, after filling up the required forms and providing identity and address proofs. The usual charges associated with a Demat account are:
1. Account opening charges
2. Yearly charges for maintaining the Demat account
3. Recurring periodic charges for holding shares in the Demat account 4. Other service charges based on transactions carried out. Usually, there are no transaction / service charges when shares are bought. The charges will be levied when shares are sold. The above charges may not be the same across different service providers but a big part is likely to be the same as regulatory agencies like Securities and Exchange Board of India (SEBI) specify certain norms.
Trading account
A Trading account is required if an individual wishes to trade, i.e. buy and sell shares in the stock exchange. The 2 main stock exchanges in India are the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). A Trading account can also be opened with most banks and financial institutions, after filling up the required forms and providing identity and address proofs. The actual trading can be done by phone, internet or using transaction slips that are provided at the time of opening the account. Personally, I have found buying and selling using the internet fairly convenient. There are options to specify the price at which to buy or sell and it is easy to track the status online. There is a brokerage charge that is incurred for both buying and selling of shares. This charge varies across different trading houses. Also, government levies like the Securities Transaction Tax (STT) will be incurred on such transactions.
Bank account
A Bank account is required for carrying out various financial transactions associated with trading of shares. This is where the money on sale of shares will be credited or money for buying shares will be debited from. A normal Savings Account is enough and nothing additional needs to be done with the Bank account.
Trading process
Once the Dmat account, Trading account and Bank account are in place, an individual is ready to start trading. While it is not necessary to have the Dmat account, Trading account and Bank account with the same organization, I feel that having it with the same organization offers additional convenience, especially for individuals trading using the internet. The following example of buying and selling using a Trading account on the internet illustrates the convenience of having the Dmat account, Trading account and Bank account with the same organization.
Buying shares: When an individual wants to buy a share, he/she logs into
the Trading account and specifies the details like the Company name, no. of shares to buy and the price at which to buy. Depending on this information, the required amount from the Bank account is set aside for this trade. When the desired price is reached, this trade is executed and the amount (after adjusting for charges) is debited from the Bank account and the shares are credited into the Dmat account. If the Bank account had been with a different organization, then for carrying out this trade, it would have been necessary to move the amount into the Trading account.
Selling shares: When an individual wants to sell a share, he/she logs
into the Trading account and specifies the details like the Company name, no. of shares to sell and the price at which to sell. Depending on this information, the required no of shares from the Dmat account is set aside for this trade. When the desired price is reached, this trade is executed and the shares are debited from the Dmat account and the amount (after adjusting for charges) is credited to the Bank account.
If the Bank account had been with a different organization, then after this trade, it would have been necessary to move the amount from the Trading account into the Bank account.
Why the Broker is require
Stock brokers offer services such as buying and selling on behalf of investors. They also provide advisory services. Some of the bigger brokers also publish their own research reports which are available at a cost for investors.
A stock broker is obligated to give you prompt and efficient service, make timely payment and give delivery of shares. He is required to execute your orders on the stock exchange with utmost sincerity and exercise due diligence. He is also obligated to issue you contract notes indicating your transactions for the day. Insist on this. Always be aware of your rights.
Top Brokers
HDFC Securities Ltd Bonanza Portfolio Ltd
ICICI Securities
India Infoline
ShareKhan
Angel Broking
About Us_______________________________________________________
HDFC securities Ltd, a trusted financial services intermediary is a subsiduary of India's respected private sector Bank - HDFC Bank. A leading stock broking company having completed 10 years in operation, serves a diverse customer base of retail and institutional investors.
Discerning investors experience a robust platform to trade in Equities, derivatives, currency futures and mutual funds through both NSE & BSE and other investment options like IPO's, bonds, corporate fixed deposits,insurance etc.
Investors are also provided with niche - Equity Investment advise and execution platform with superior technology aid and unbiased research across sectors, economy and scrips. Our webportal is designed to meet the requirements of everyone from a beginner to a savvy and well-informed trader with highest service standards,convenience and hassle-free trading tools. The Webportal aims to provide a one stop window for all financial needs with seamlessness and customer centric services
CONVENIENCE
Clients could adopt to trade with us either online, or on the phone, or relationship managers from the convenience of their home or office. The 4-in-1 Advantage account enables clients to seamlessly move funds and securities across your bank, demat and trading account. Clients get to enjoy limits across exchanges to trade No need to issue cheques or delivery instructions. Place IPO / NCD applications via few clicks using the trading account or by the phone. No standing in queues or filling application forms.
Customer care centre to address all queries and grievances.
REACH
HDFC securities has a strong unified call centre catering to clients across India and overseas aiding clients who wish to have their orders placed by a teleagent. 7 Regional language call centre facility is available for clients. Over 128 exclusive branches across India also service clients locally by dedicated relationship managers.
EXPERTISE
With a decade of experience and a rating of A1+1, HDFC securities has a admired lineage of providing financial services to customers in a transparent and trusted manner. We have a dedicated, motivated and experienced team of professionals to provide you top class service.
HDFC securities OFFERINGS' ONE STOP SHOP, FOR ALL YOUR INVESTMENT NEEDS
?
Equity and Derivatives
?
? ? ? ?
IPO
Mutual Fund Fixed Deposits Non Convertible Debentures General Insurance Life Insurance Bonds Currency Derivatives
?
? ?
?
PMS
Bibliographyhttp://www.bseindia.comhttp://www.nseindia.comhttp://ezinearticles.com/?ShareTrad...s---BasicRequirements-To-GetStarted&id=507525
doc_302291646.ppt
Share Trading Broker Company
Economic Management
Project Name Share Trading Broker Company
WHAT IS STock MARkET…?
A stock market or equity market is a public entity for the trading of company stock (shares) and derivatives at an agreed price
Basic requirements for buying, holding and selling shares
There are a few basic requirements that need to be in place before an individual can start the process of buying, holding and selling shares. The 3 basic things needed for getting started are: ? Dmat Account ? Trading Account ? Bank Account
Demat Account
A Demat account is like a Bank Account, with the difference being that instead of cash, a Dmat account holds shares. So, if shares are bought, they are deposited into the buyers Dmat account and if shares are sold, they are reduced accordingly from the Dmat account.
The shares that are deposited to or reduced from the Demat account are electronic shares. For an individual wishing to trade in shares, it is compulsory to trade only in Demat (dematerialized) shares. Physical shares cannot be traded. Demat shares have many advantages in terms of ease of handling etc.
A Demat account can be opened through most banks and financial institutions, after filling up the required forms and providing identity and address proofs. The usual charges associated with a Demat account are:
1. Account opening charges
2. Yearly charges for maintaining the Demat account
3. Recurring periodic charges for holding shares in the Demat account 4. Other service charges based on transactions carried out. Usually, there are no transaction / service charges when shares are bought. The charges will be levied when shares are sold. The above charges may not be the same across different service providers but a big part is likely to be the same as regulatory agencies like Securities and Exchange Board of India (SEBI) specify certain norms.
Trading account
A Trading account is required if an individual wishes to trade, i.e. buy and sell shares in the stock exchange. The 2 main stock exchanges in India are the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). A Trading account can also be opened with most banks and financial institutions, after filling up the required forms and providing identity and address proofs. The actual trading can be done by phone, internet or using transaction slips that are provided at the time of opening the account. Personally, I have found buying and selling using the internet fairly convenient. There are options to specify the price at which to buy or sell and it is easy to track the status online. There is a brokerage charge that is incurred for both buying and selling of shares. This charge varies across different trading houses. Also, government levies like the Securities Transaction Tax (STT) will be incurred on such transactions.
Bank account
A Bank account is required for carrying out various financial transactions associated with trading of shares. This is where the money on sale of shares will be credited or money for buying shares will be debited from. A normal Savings Account is enough and nothing additional needs to be done with the Bank account.
Trading process
Once the Dmat account, Trading account and Bank account are in place, an individual is ready to start trading. While it is not necessary to have the Dmat account, Trading account and Bank account with the same organization, I feel that having it with the same organization offers additional convenience, especially for individuals trading using the internet. The following example of buying and selling using a Trading account on the internet illustrates the convenience of having the Dmat account, Trading account and Bank account with the same organization.
Buying shares: When an individual wants to buy a share, he/she logs into
the Trading account and specifies the details like the Company name, no. of shares to buy and the price at which to buy. Depending on this information, the required amount from the Bank account is set aside for this trade. When the desired price is reached, this trade is executed and the amount (after adjusting for charges) is debited from the Bank account and the shares are credited into the Dmat account. If the Bank account had been with a different organization, then for carrying out this trade, it would have been necessary to move the amount into the Trading account.
Selling shares: When an individual wants to sell a share, he/she logs
into the Trading account and specifies the details like the Company name, no. of shares to sell and the price at which to sell. Depending on this information, the required no of shares from the Dmat account is set aside for this trade. When the desired price is reached, this trade is executed and the shares are debited from the Dmat account and the amount (after adjusting for charges) is credited to the Bank account.
If the Bank account had been with a different organization, then after this trade, it would have been necessary to move the amount from the Trading account into the Bank account.
Why the Broker is require
Stock brokers offer services such as buying and selling on behalf of investors. They also provide advisory services. Some of the bigger brokers also publish their own research reports which are available at a cost for investors.
A stock broker is obligated to give you prompt and efficient service, make timely payment and give delivery of shares. He is required to execute your orders on the stock exchange with utmost sincerity and exercise due diligence. He is also obligated to issue you contract notes indicating your transactions for the day. Insist on this. Always be aware of your rights.
Top Brokers
HDFC Securities Ltd Bonanza Portfolio Ltd
ICICI Securities
India Infoline
ShareKhan
Angel Broking
About Us_______________________________________________________
HDFC securities Ltd, a trusted financial services intermediary is a subsiduary of India's respected private sector Bank - HDFC Bank. A leading stock broking company having completed 10 years in operation, serves a diverse customer base of retail and institutional investors.
Discerning investors experience a robust platform to trade in Equities, derivatives, currency futures and mutual funds through both NSE & BSE and other investment options like IPO's, bonds, corporate fixed deposits,insurance etc.
Investors are also provided with niche - Equity Investment advise and execution platform with superior technology aid and unbiased research across sectors, economy and scrips. Our webportal is designed to meet the requirements of everyone from a beginner to a savvy and well-informed trader with highest service standards,convenience and hassle-free trading tools. The Webportal aims to provide a one stop window for all financial needs with seamlessness and customer centric services
CONVENIENCE
Clients could adopt to trade with us either online, or on the phone, or relationship managers from the convenience of their home or office. The 4-in-1 Advantage account enables clients to seamlessly move funds and securities across your bank, demat and trading account. Clients get to enjoy limits across exchanges to trade No need to issue cheques or delivery instructions. Place IPO / NCD applications via few clicks using the trading account or by the phone. No standing in queues or filling application forms.
Customer care centre to address all queries and grievances.
REACH
HDFC securities has a strong unified call centre catering to clients across India and overseas aiding clients who wish to have their orders placed by a teleagent. 7 Regional language call centre facility is available for clients. Over 128 exclusive branches across India also service clients locally by dedicated relationship managers.
EXPERTISE
With a decade of experience and a rating of A1+1, HDFC securities has a admired lineage of providing financial services to customers in a transparent and trusted manner. We have a dedicated, motivated and experienced team of professionals to provide you top class service.
HDFC securities OFFERINGS' ONE STOP SHOP, FOR ALL YOUR INVESTMENT NEEDS
?
Equity and Derivatives
?
? ? ? ?
IPO
Mutual Fund Fixed Deposits Non Convertible Debentures General Insurance Life Insurance Bonds Currency Derivatives
?
? ?
?
PMS
Bibliographyhttp://www.bseindia.comhttp://www.nseindia.comhttp://ezinearticles.com/?ShareTrad...s---BasicRequirements-To-GetStarted&id=507525
doc_302291646.ppt