Tuesday, June 26, 2007

More about Trading

Everything you want to know about trading...
TRADING in the stock market is much more easy than it was, say, five or ten years ago.
But even today, in an environment when many safeguards have been built in, investors have to follow certain aspects closely to ensure there is no problem at the end of a buy/sell transactions. In this context, the edited extracts from FAQ on trading published by the National Stock Exchange of India may be of use.
How do I verify whether the entity is a NSE trading member (TM)/SEBI registered sub-broker?
You may ask the person to furnish documents such as SEBI registration certificate, registration with NSE, etc., to verify his antecedents. You can also approach the Exchange to countercheck whether the person holds a valid registration.
What are the formalities for registering as a client of a NSE trading member/SEBI registered sub-broker?
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