Stealth • 1m
3rd day of posting my Zerodha Varsity Module,got a bit late Today's chapter was about Market Intermediaries,these are mediators who work together in order to ensure the smooth flow of financial market. First Intermediary is Stock Broker who is our market access,so we need to choose a broker that matches our requirements.He provides us with a trading account which we use for all market related transactions. Second one is Depository,there are only two depository in India-NSDL and CDSL,they are corporate entities that holds the shares electronically in the name of our account,it is called as DEMAT account. Third ones are Banks,they help in facilitating the fund from our bank account to our trading account,multiple bank accounts can be linked to our trading account. By now we have understood that the 3 subsidiaries operate via 3 different accounts Fourth one is NSE and ICCL,they are subsidiaries of National Stock Exchange and Bombay Stock Exchange respectively.
Hey ,i have a stock broking application startup,would love to take ur insights on it on dm
Loving the series
They ensure the guaranteed settlement of our trades/transactions.
Edtech startup Bluelearn shuts operations, to return 70% of capital ....
A student's guide to startups ....
OpenAI announces SearchGPT, its AI-powered search engine ....
Budget 2024: Key takeaways for startup ecosystem ....
Great news for startups as India moves to abolish angel tax ....
Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note t ....
WazirX announces $23 mn bounty to recover $234 mn lost in cyber breach ....
Byju's founder Raveendran faces reckoning as startup implodes ....
Exclusive: Emami set to acquire 100% stake in The Man Company ....
Amazon in deal talks with Swiggy for quick commerce business Instamart: so ....
Download the medial app to read full posts, comements and news.