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Stock Exchange in India

Stock exchanges in India like BSE and NSE are organized marketplaces where members gather to trade stocks and securities. Members can act as agents for customers or trade for their own accounts. Stock exchanges also facilitate the issuing and redeeming of securities and financial instruments as well as paying dividends. While record keeping is centralized, modern exchanges use computers to allow trading without a physical location. Only members with seats on the exchange can trade directly.

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0% found this document useful (0 votes)
136 views1 page

Stock Exchange in India

Stock exchanges in India like BSE and NSE are organized marketplaces where members gather to trade stocks and securities. Members can act as agents for customers or trade for their own accounts. Stock exchanges also facilitate the issuing and redeeming of securities and financial instruments as well as paying dividends. While record keeping is centralized, modern exchanges use computers to allow trading without a physical location. Only members with seats on the exchange can trade directly.

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2nabls
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Stock Exchange in India (BSE, NSE) Stock Exchanges are an organized marketplace, either corporation or mutual organization, where

members of the organization gather to trade company stocks or other securities. The members may act either as agents for their customers, or as principals for their own accounts. Stock exchanges also facilitates for the issue and redemption of securities and other financial instruments including the payment of income and dividends. The record keeping is central but trade is linked to such physical place because modern markets are computerized. The trade on an exchange is only by members and stock broker do have a seat on the exchange.

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