TERMINOLOGIES IN DEPOSITORIES

abhishreshthaa

Abhijeet S
On Market Transaction

Any transaction for sale and purchase of securities through a broker on the stock exchange to be settled through Clearing Corporation is generally termed as 'On Market' transaction.

Off Market Transaction

It is one which is settled directly between two BOs with or without using the broker and where no Clearing Corporation /Clearing House is involved. .


Record date

  • Record date is the date on which the beneficial ownership of an investor is entered into the register of members.
  • Such a member is entitled to get all the corporate benefits

Book Closure

Book closure is a period announced by a company for taking stock of its shareholders prior to an Annual General Meeting
 
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