Arrange the following in Correct sequence.

(A) Open Demat account

(B) Approach a registered broker and enter into an agreement with him

(C) Execution of order

(D) Placing an order

(E) Settlement of deal

Choose the correct answer from the options given below :

(B), (A), (D), (C), (E)

The correct answer is option (4) : (B), (A), (D), (C), (E)

(B) Approach a registered broker and enter into an agreement with him: This is the first step, as you typically need to find a broker and establish an agreement to trade in the stock market.

(A) Open Demat account: After entering into an agreement with a broker, you may open a Demat account to hold and manage your securities.

(D) Placing an order: Once you have a broker and a Demat account, you can place orders to buy or sell securities,

(C) Execution of order: After placing an order, the broker executes the order on your behalf, leading to the buying or selling of the securities.

(E) Settlement of deal : Following the extension of the order, the settlement process occurs, wherein securities and funds are transferred to complete the trade.