Identify the correct sequence of steps to be followed in the trading procedure at the Stock Exchange.1Opening a trading account and Demat account, Placing an order, Settlement of order, Execution of order2Settlement of order, Opening a trading account and Demat account, Placing an order, Execution of order3Opening a trading account and Demat account, Placing an order, Execution of order, Settlement of order4Placing an order, Opening a trading account and Demat account, Execution of order, Settlement of orderAnswer & explanation+Correct answer: option 3Option 3 is correct.