Question :
Identify the correct sequence of trading \ settlement procedure :
(A) The investor has to sign a broker-client agreement.
(B) The investor has to open a 'Demat' Account, .
(C) An order confirmation slip is issued to the investor by the broker.
(D) The broker will then go online and connect to the main stock exchange.
Option 1: (A), (B), (C), (D)
Option 2: (A), (C), (B), (D)
Option 3: (B),(A),(D),(C)
Option 4: (C), (B), (D), (A)
Correct Answer: (A), (B), (C), (D)
Solution : Following is the correct sequence of trading and settlement procedure: The investor has to sign a broker-client agreement. The investor has to open a 'Demat' account. An order confirmation slip is issued to the investor by the broker. The broker will then go online and connect to the main stock exchange. (A), (B), (C), (D) are correct answers.
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