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LORD JESUS CHRIST SAYS

“You have heard that it was said, ‘Love your neighbor and hate your enemy.’ But I tell you, love your enemies and pray for those who persecute you,

18 Nov 2017

STOCK MARKET- INTERNET TRADING/ ONLINE TRADING.


Hi Friends,   Online Trading:   Online trading means the purchase and sale of stocks on the Internet.  All stock exchanges offer an e-trading facility.  Earlier, trading took place in the trading hall.  Orders were placed with the stockbroker either verbally (personally or telephonically) or in a written form (fax).  In online trading, the investor accesses a stockbroker’s website through his/her Internet-enabled personal computer and places orders through the broker’s Internet-based order routing and trading engine.  These orders are routed to the stock exchange without manual interference and then given effect.  All the players in the securities market, viz., stockbrokers, stock exchanges, clearing corporations, depositories, DPs, clearing banks, etc., are electronically linked.  The information flow happens in real time among them.  The orders are routed to the exchange in seconds.   Many securities trading agencies provide online trading facilities to their clients’ homes.  Earlier, computer terminals at the brokers’ premises acted as the trading platform but now it has been shifted to the homes of investors.  This provides more transparency in transactions.  The investor knows exactly when and at what rate his order was processed.  Manipulation is difficult.



Procedure for online trading:   Listed below are the main steps involved in online trading: A. An Investor has to register with the online trading portals listed on the site.  B.  He has to open a bank account using the Internet, at the trading portals of banking and depository service partners.  C. He must be a registered connect user.   D. On placing an order to buy or sell securities through the listed online trading portal, he has to click on the ‘pay through’ bank listed on the online portal, which will direct him to a login screen of the investor’s account.  E.  Once the login ID and password are entered, he has to verify the transaction details and confirm the transaction by entering his transaction ID and password.   F.  An email confirmation will follow giving the status of the transaction, once the order has been executed.  G. His account status is updated on a real-time basis.  The securities’ status can be viewed online after the day of settlement.

Thanking you,                                                                         See You Later.

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