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Yogita Ingle 6 years ago
Trading procedure :
- Selection of a Broker
The first step is to select a broker, who will buy/sell securities on behalf of the speculator/investor. This is necessary because trading of securities can only be done through SEBI registered brokers, who are members of stock exchange. Brokers may be individuals, partnership firms and corporate bodies. - Opening Demat Account with Depository
The next step is to open a demat account. Demat (Dematerialised) account refers to an account which an Indian citizen must open with the depository participant (banks and stock brokers) to trade in listed securities in "electronic form.
The securities are held in the electronic form by a depository. ‘Depository’ is an institution/organisation which holds securities (e.g. shares, debentures, bonds, mutual funds, etc) in electronic form, in which trading is done. - Placing the Order
The next step is to place the order with the broker. The order can be communicated to the broker either personally or through telephone, cell phone, e-mail, etc.
The instructions should specify the securities to be bought or sold and the price range within which the order is to be executed. Only the securities of listed companies can be traded on the stock exchange. - Executing the Order
According to the instructions of the investor, the broker buys or sells securities. The broker, then issues a contract note. A copy of the contract note contains the name and the price of securities, names of the parties, brokerage charges, etc. It is duly signed by the broker. - Settlement
This is the last stage in the trading of securities done by the brokers on behalf of their clients. The mode of settlement depends upon the nature of the contract. Equity spot markets follow a T + 2 rolling settlement. This means that any trade taking place on Monday gets settled by Wednesday. Stock, exchange operates from Monday to Friday between 9:55am and 3:30pm. Each exchange has its own clearing house, which assumes all settlement risk.
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Gaurav Seth 6 years ago
The narrator did not like to go to school and learn, instead he was tempted to stay outdoors to enjoy the parades of Prussian soldiers and the warm sun. Also the narrator had not learnt the rules of participles and dreaded a scolding so he wanted to avoid school. Yes the narrator soon overcame his temptation and went to his class even though he was late.
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Gaurav Seth 6 years ago
The story, ‘The Last Lesson’ has been set in the background of the Franco-Prussian war that was fought in 1870-71 between Prussia and France. The Prussians captured the districts of Alsace and Lorraine. New orders were issued according to which German language was to be taught in place of French in these two districts.
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Yogita Ingle 6 years ago
HTTP POST requests supply additional data from the client (browser) to the server in the message body. In contrast, GET requests include all required data in the URL. Forms in HTML can use either method by specifying method="POST" or method="GET" (default) in the element. The method specified determines how form data is submitted to the server. When the method is GET, all form data is encoded into the URL, appended to the action URL as query string parameters. With POST, form data appears within the message body of the HTTP request.
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