Explain the working of demat system.

Explain the working of demat system.
  • 1 answers
DeMat stands for dematerialisation which helps converting share papers into electronic form as earlier before the advent of technology shares were issued as paper certificates so demat basically is an A/c where the stock brokers deposits ordered share in a electronic form, But if you need paper certificates you can also apply for rematerialisation of your purchased shares (paper certificates are usually used for gifting or other purposes.).

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