How is a Broker different from a Depository Participant.......??
sidharth shankar (Student) (154 Points)
21 April 2012How is a Broker different from a Depository Participant.......??
RAMESH CHANDRA SHARMA
(munka istentisztelet)
(899 Points)
Replied 21 April 2012
IN STRAIGHT WAY.....BROKER IS THE MEMBER OF ANY STOCK EXCHANGE AND A DEPOSITORY PARTICIPANT IS THE MEMBER OF ANY DEPOSITORY I.E. NSDL OR CDSL...
U OPEN UR TRADING ACOUNT WITH BROKER AND DEMATE A/C WITH D.P.
BROKER MAY ALSO BE A MEMBER OF BOTH ANY STOCK EXCHANGE AND ANY DEPOSITORY...
I THINK THIS IS ENOUGH....