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 : |
(A), (B), (C), (D), (E) (A), (B), (D), (C), (E) (B), (A), (C), (D), (E) (B), (A), (D), (C), (E) |
(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. |