A study on demat and online trading in secondary market

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You can keep your great finds in clipboards organized around topics. SlideShare Explore Search You. A project report on comparative ana Show related SlideShares at end. Projects Kart , Digital Media Follow. Full Name Comment goes here. Are you sure you want to Yes No. For my two cents , if anyone wants a AICPA Form , I saw a sample form here https: Enron Dsouza enrondsouza gmail. Its a humble request. Plz send me this mail Debalina Das , Software engineer at Student PLease send me this project.

Deepa Konar plz send it to my id. Ravi sharma , university collage of commerce and management study. Freelance Consulting at Freelance Consulting. NIRMAL KUMAR , I'm working in Electronics sector as a Graduate Engineerig trainee at National Small Industries Corporation NSIC. Embeds 0 No embeds. No notes for slide. An analysis of demat account and online trading 1. No TOPICS PAGE NO. Executive Summary 7 2. Objectives and Scope of the project work 3.

Industrial overview 10 4. Depository system and Dematerialization Online Trading and features Benefits and problems in Online Trading EXECUTIVE SUMMARYThe commencement of E-Trading and Demat has transformed the capital market in India. With the help of Demat and Trading account, buying and selling of shares has become amuch faster and even process than trading with the assistance of a physical broker.

It providesfor the assimilation of bank, broker, stock exchange and depository participants. This helps toget rid of the painstaking procedure of investing in stock exchange. Today, if one wants toinvest in stock market, he has to contact a broker on phone or meet him personally to placeorder.

A broker generally gives such importance and additional service only to high net worthcustomers. But the introduction of Internet trading, even a common or a small investor getsan opportunity to avail the service at an affordable price which is much lesser than what ischarged by a physical broker over the phone. Online trading has given customer a real timeaccess to account information, stock quotes elaborated market research and interactivetrading.

The introduction ofdepository service is considered as the beginning of the trading of Stocks click. Thismeans that you can arrange delivery of scrips sold anytime, anywhere to anyone by click of amouse. Dematerialization facilitates to keep the securities in electronic form instead of paperform. It offers more advantageous than the physical certificate form. Despite the advantagesof Dematerialization, the awareness levels among the investors relating to Demat account isnot adequate because of numerous reasons.

The investors are not sufficiently responsive ofthe concept of Demat account and the various financial institutions providing such services. An objective is the brainchild behind any project report.

A project report will alwayshave a certain objective which needs to be accomplished. Following are the objectives behindthe preparation of my project at Indiabulls securities Ltd. ICICI, KARVY, HDFC, RELIENCE MONEY as well as with INDIA INFOLINE.

This will be done with the help of a questionnaire. Provide suggestions to the company regarding what else it can do to stand apart in this ever competitive field and thereby emerge as a market leader. The market share of all the companies may differ in different cities. It may also differ nationally. What began with a single click over 16 years ago has nowtaken the world by storm.

The concept was visualized by one BILL PORTER, a physicistand inventor who provide online quotes and trading services to many US firms like fidelity,Charles Schwab, and Quick and Reilly. This led Bill to wonder why, as an Individualinvestor, he had to pay a broker hundreds of dollars for stock transaction.

An analysis of demat account and online trading

With incredible foresight, he saw the solution at hand; someday everyone would owncomputers and invest through them with unprecedented efficiency and control. And today hisdream has become a reality. With the global firms turning their eyes on INDIA as a country with immense potential forgrowth thanks to globalization and various economic reforms, the Indian stock markets areplaces receiving a lot of attention.

Trading and investing in share is gaining momentum andwith the Internet facility virtually at every part of the country, it has become a reality for evena smallest person wanting to invest his surplus money but did not know where to go untilrecently.

Besides familiarity with the stock market, the transaction process, and having an account at sbroker or sub-broker, knowledge of basic investment information is also important to makinginvestment decisions. Products Securities, Consumer Finance, Mortgages, Real Estate, Power, Retail services Employees Around Website http: The name of Company was changed to. And now this company has achieved milestone by voted as The YoungestCompany of the year in ET The group started its business as a stock-brokerage firm and pioneered online brokeragebusiness in India before diversifying into other financial services areas such as consumercredit and mortgages The group recentlyentered the power generation business and aims to have more than MW of powergeneration under construction before the end of Indiabulls Financial Services Ltd is a public company and listed on the National StockExchange, Bombay Stock Exchange, Luxembourg Stock Exchange and London StockExchange.

Indiabulls ranks at 82nd position in the list of most valuable companies in India. Indiabulls ispromoted by three engineers from the Indian Institute of Technology IIT Delhi. ForeignInstitutional Investors FIIs and foreign funds hold over 60 percent shareholding ofIndiabulls.

Some of the large shareholders of Indiabulls are the largest financial institutions ofthe world such as Fidelity Funds, Capital International, Goldman Sachs, Merrill Lynch, LloydGeorge and Farallon Capital.

There are approximately over 40, shareholders. Having around RelationshipManagers, Indiabulls helps its clients to satisfy their customized financial goals. An India bullthrough its group of companies has entered into the Indian Real Estate business in It iscurrently evaluating several large-scale projects worth several hundred million dollars.

There are approximately over 40, shareholders of thecompany. Indiabulls Financial Services is a retail financial services company providing a diverse arrayof financial products and services, through its nationwide network of over Indiabullsoffices, and services over 2,50, clients spread across cities in India. Indiabulls, alongwith its subsidiary companies, offer consumer loans, brokerage and depository services,personal loans, home loans and other financial products and services to the retail markets.

Business of the company has grown in leaps and bounds since its inception. Indiabullsbecame the first company to bring FDI in Indian Real Estate through a JV with FarallonCapital Management LLC, a respected US based investment firm, Indiabulls hasdemonstrated deep understanding and commitment to Indian Real Estate market by winningcompetitive bids for landmark properties in Mumbai and Delhi. Indiabulls Group is one of the top business houses in the country with business interests inReal Estate, Infrastructure, Financial Services, Retail, Multiplex and Power sectors.

Indiabulls Group companies are listed in Indian and overseas financial markets. The Net worth ofthe Group exceeds USD 2 billion. India bulls Financial Services is an integrated financial services powerhouse providingConsumer Finance, Housing Finance, Commercial Loans, Life Insurance, Asset Managementand Advisory services.

India bulls Financial Services Ltd is amongst 68 companiesconstituting MSCI - Morgan Stanley India Index. India bulls Real Estate partnered withFarallon Capital Management LLC of USA to bring the first FDI into real estate. India bullsReal Estate is transforming 14 million sqft in 16 cities into premium quality, high-endcommercial, residential and retail spaces.

India bulls Real Estate has diversified significantlyin the following business verticals within the real estate space: Residential, Commercial Office and Malls andSEZ Development. Thermal and Hydro Power Generation.

The fast paced growth, diversification and consolidation of the Group has been possible dueto the vision and leadership of the co-founders of Indiabulls. Sameer Gehlaut is the Chairman, CEO and Whole Time Director of Indiabulls. Sameer is anengineer from IIT, Delhi and has worked internationally with Halliburton in itsinternational services business in He has utilized his experience with the internationalbest practices and professional work culture at Halliburton to lead Indiabulls successfully.

Rajiv Rattan is the President, CFO and Whole Time Director of Indiabulls. Rajiv is anengineer from IIT, Delhi and has rich experience in the oil industry, having workedextensively across the globe in highly responsible assignments with Schlumberger. Rajiv hasmanaged remote exploration projects providing evaluation services for different clients inIndia as well as abroad.

Saurabh Mittal is a Director at Indiabulls. Declared the best graduating student in IIT, Delhiin , Saurabh was also one of the engineers selected by Schlumberger to work for itsinternational services business in and gained experience of working in various globallocations.

He graduated as a Baker Scholar with an MBA from the Harvard BusinessSchool. He has also developed in-depth understanding of international financial markets. Kartar Singh Gulia DirectorMr. Saurabh K Mittal DirectorMr. Indiabulls Securities is the first and only brokeragehouse in India to be assigned the highest rating BQ — 1 by CRISIL. The company through various types of brokerage accounts provides product and servicesrelated to purchase and sale of securities listed in NSE and BSE. It also provides depositoryservices, equity research services, mutual fund, IPO distribution to its clients.

The companyprovides these services through on-line and off-line distribution channel. Power Indiabulls Indiabulls Signature Account 11 Depository Services NRI Trading. IPO Online Indiabulls Equity AnalysisPower Indiabulls PIB Power Indiabulls PIB is the advanced online trading platform from Indiabulls SecuritiesLimited, the leading stock broker in India with a branch network spread across the country.

PIB provides the best in the class internet trading features and delivers a seamless and richonline trading experience for its users. PIB comes with a whole host of online features for the internet trading users ranging fromreal-time stock prices, to live trading reports, charting, News Room.

Besides,one can also create multiple Market Watch windows to view the latest market price of thestocks they want to track. PIB alsoprovides details about our current days obligations in Current Obligations Report.

Signature AccountWith Indiabulls Signature account you will always remain on top of your investments. Itprovides you the platform to trade in Equity and Derivatives. With an unmatched service andnationwide presence, the Indiabulls Signature account comes bundled with a variety ofexclusive features.

We can trade smarter and faster using the Power Indiabulls application. Access the broad spectrum of sophisticated trading tools and get an edge in the stock markets. Use Indiabulls online payment gateways facility and get instant credit in our Trading Account.

Indiabulls currently provide online gateway payment facility with four major banks — HDFC, ICICI, AXIS and IDBI. For applying online, we do not need to fill tedious forms and write cheques. We can track our investments online through Indiabulls portfolio tracker functionality. We can view these reports to gain insight into the companies of your interest.

The News Room provides real-time news from stock-markets, corporate sector, economy and other segments that have a bearing on the market sentiment. This functionality facilitates tracking the market trend by providing us real time data on top gainers, top losers, volume toppers and most volatile stocks.

MPIB is a mobile-phone based application, developed exclusively for Indiabulls customers. Using MPIB, we can view the live market rates of your favorite stocks and futures contracts on your mobile device.

Thus with MPIB, we can always remain connected with the market, even on the move. This facility enables us to get digitally signed Electronic Contract Notes on email within 24 hours of executing trades in our Trading Account. Depository ServicesIndiabulls is a depository participant with the National Securities Depository Limited andCentral Depository Services India Limited for trading and settlement of dematerialisedshares.

Indiabulls performs clearing services for all securities transactions through itsaccounts. We offer depository services to create a seamless transaction platform — executetrades through Indiabulls Securities and settle these transactions through the IndiabullsDepository Services. Indiabulls Depository Services is part of our value added services forour clients that create multiple interfaces with the client and provide for a solution that takescare of all your needs.

Indiabulls Equity AnalysisIndiabulls Equity Analysis complements its equity broking and advisory services with highquality comprehensive report which can be accessed online. Research report assess thepotential strength and investment risk by doing in-depth and exhaustive analysis ofoperational and financial performance of company, Peer group analysis, present Industryscenario using advanced and sophisticated forecasting tools and models. These researchreports identify, examine and distill attractive investment opportunities to help you inbuilding and maintaining your ideal portfolio.

Salient features of Indiabulls Equity Analysis: We, at Indiabulls, provide NRI clients a fastand secure trading platform which would perfectly cater to NRIs Tradingrequirements.

To start trading through Indiabulls , the following simple steps need to befollowed: Opening of Online NRI Trading and NRI Demat account with Indiabulls: Get in touch withyour nearest Indiabulls service branch Branch Locator to complete all the Trading andDemat account opening formalities. Opening of a NRI PIS account with Axis bank: A NRI is required to open a PIS account Portfolio Investment Scheme with a designated bank in India.

Indiabulls Securities Limitedhas tied up Axis bank to offer this facility to NRIs to enable them to trade in the IndianCapital markets. GROWTH STORY India bulls Financial Services Ltd. India bulls ventured into Insurance distribution and commodities trading. KBD has acquired Delhi Development consumer finance a competitive bidding process for Rs India bulls entered the Indianapartments. India bulls won bids for landmark properties in Mumbai. Capital International Index MSCI.

India bulls ventured into commodity brokerage business. Board resolves to Amalgamatebulls Credit Services India bulls Financial Services India bulls subsidiaries Viz. India India bulls Ltd. Credit India bulls Housing demerge India Steel Tycoon Mr. LN Mittal promoted LNM India Internet venture Ltd. Sales Turn over and Profit and Earning per share Of IndiaBulls Mar 05 Mar.

MBA Projects, BBA Project Reports

The Indian capital market witnessed an explosive growth between mid Eighties and midNineties. The total number of companies listed in the stock exchanges had grown by The market capitalization of the companies listed with stockexchanges had gone up from Rs. The secondary market trading activity also gathered momentum.

There has beentremendous growth in secondary market trading at BSE and NSE. Other regional exchangeslike Calcutta, New Delhi have also become active players in the market. This sudden growthhad exposed the limitations of the system. The system used was not able to withstand thestrain caused by the tremendous growth in the securities market. The entire securities market started experiencing a gridlock, posing obstacles in its growth.

Moreover, this sudden growth has also magnified the risks that have always been plaguingthe Indian system, viz. International institutional investorswanting to invest in India had become apprehensive about the reliability of the tradesettlement mechanisms used in the country, which did not match international standards. Besides affecting the inflow of foreign capital, the lack of efficient settlement systems hadaffected all those operating in the stock market, be it institutional investors, individualinvestors or brokers.

They suffered due to lost trading days liquidity , lost scrips improperlypaid dividends, mistaken registration, unnecessary financing cost, inappropriate risk likefailure of counter party and fraud. Era of Scripless and Paperless trading: To sort out the above mentioned problems and to restore the investors confidence in the stockmarket the depository system was set up.

It was against this background that the Governmentof India enacted the Depositories Act in , which an era of scrip less trading andsettlement, efficient market infrastructure, investor protection, reduced risks and transparencyof transaction in the securities market. The concept of Depository is known to the world since when the first depository was setup in Germany. There were depositories in operation by the year A depository is an organization where the securities of an investor are held in electronic form.

A depository can be compared to a bank. To avail of the services of a depository, an investorhas to open an account with the depository through a depository participant, just as he opensan account with the bank. Holding shares in the account is a kin to holding money in the bankAt present, India has only two depositories-National Securities Depository Ltd.

NSDL andCentral Depository Services Ltd CDSL. NSDL is the first depository in the county, which is promoted by three major financialinstitutions - Unit Trust of India, Industrial development Bank of India and National StockExchange of India Limited. The second depository of the country CSDL is set up in by the Bombay Stock Exchange and Bank of IndiaHowever, most of the services offered by both these depositories are similar. Today almost allthe companies listed in dematerialized from with NSDL are available with CDSL.

A depository participant is an agent appointed by the depository and is authorized to offerdepository services to all investors. An investor cannot directly open a Demat account withthe depository. An investor has to open his account through a DP only. The DP in turn opensthe account with the depository. The DP in turn takes up the responsibility of maintaining theaccount and updating them as per the instructions given by the investor from time to time.

The DP generates and provides the holdings statement from time to time as required by theinvestor. Thus, the DP is basically the interface between the investor and the depository. The person who holds a Demat account is a beneficiary owner. In case of a joint account, theaccount holders will be beneficiary holders of that joint account. The Demat account numberof the beneficiary holder s is known as the BO Id.

A DP id is the number of the depositoryparticipant allotted by the depository. In the depository system, securities are held in depository accounts, which is more or lesssimilar to holding funds in bank account. Transfer of ownership of securities is done through simple account transfers. This methoddoes away with all the risks and hassles normally associated with paperwork. Consequently,the cost of transacting in a depository environment is considerably lower as compared totransacting in certificates.

The following can be held in the depository electronic form: Shares listed or unlisted ,Stocks ,Bonds ,Debentures ,RBI Relief Bonds ,GovernmentSecurities through a primary Dealer ,Units of Mutual Funds ,Commercial Paper ,MoneyMarket Instruments etc.

Just as we have to open an account with a bank ifwe want to save your money, make cheque payments etc, we need to open a demat account ifwe want to buy or sell stocks. So it is just like a bank account where actual money is replacedby shares. We have to approach the DPs remember, they are like bank branches , to open ourdemat account.

Demat account allows you to buy, sell and transact shares without the endless paperwork anddelays. It is also safe, secure and convenient. All these will show in our demat account. They are all heldelectronically in our account. As we buy and sell the shares, they are adjusted in our account. Just like a bank passbook or statement, the DP will provide you with periodic statements ofholdings and transactions.

Individuals, companies, Trusts, Partnership firms, NRIs, HUF, Banks and Institutions areallowed to open a depository account with any depository through a depository participant. The investor would need to execute a standard form giving all his details, bank details,instruction details, nomination details and off-course photograph and signature.

Along withthis form, the investor would also have sign an agreement with the depository participantwhich usually forms a standard part of the account opening process. If the investor is an NRI, then the client will have to provide overseasaddress, provide copy of RBI Approval, if any. The RBI Approval is not mandatory foropening of a DP.

Account but is required to receive shares into the account when purchasedthrough the secondary market. Procedure for purchasing dematerialized securitiesThe procedure for purchasing dematerialized securities is also similar to the procedure forbuying physical securities.

Investor instructs DP to receive credits into his account in the Prescribed form. There may be one time standing instruction or Separate instruction each time to receive credits. Investor purchases securities in any of the stock exchanges linked to Depository through a broker.

Broker receives payment from investor and arranges payment to Clearing corporations. Investor receives shares into his account by way of book entry. Procedure of selling dematerialized securitiesThe procedure for selling dematerialized securities in stock exchanges issimilar as selling physical securities.

The only major difference is that insteadof delivering physical securities to the broker, the investor instructs his DP todebit his demat account with the number of securities sold by him and creditthe brokers clearing account.

The procedure for selling dematerializedsecurities is given below: Investor sells securities in any of the stock exchange linked todepository through a broker. Before the pay-in-day, broker of the investor transfers thesecurities to clearing corporation.

The broker receives payment from the stock exchange. The investor receives payment from the broker for sale ofsecurities in the same manner as received in case of sale ofphysical securities. If we are holding our shares, bonds etc in physical paper form, there are chances of its theft, mutilation, and loss.

Moreover, we are also exposed to the risks of fake papers, bad-delivery or delays at the time of transfer of physical securities. However, in DEMAT accounts; we can preserve our long-term investments safely and securely. When we want to sell our dematerialized shares or redeem our debentures in DEMAT account; there are no hassles of filling up transfer forms, sending redemption requests or any other messy, costly and time-consuming paper work. Apart from the safety and convenience, there are lot more advantages of opening DEMATaccounts.

Here are few of the most necessary reasons for having a DEMAT account. We might not immediately realize the benefits of having all the investments in DEMAT form. For instance, if we change our residence, we just have to write to the DP Depository Participant , which automatically gets our new address registered with all the companies where we have invested our money. We do not have to do anything except to file the physical intimation letters sent by the Registrar and Transfer Agents.

So with Dematerialized Securities, the entire process of transferring shares, bonds and otherfinancial assets has become smooth and swift. DEMAT Accounts offer numerous advantagesand hence it makes sense for the retail investors to open DEMAT Accounts as early aspossible.

There were times when man was a Wanderer or anormal. He himself had to go place to place in search of food, water and now everything isavailable at your doorstep just at the click of the mouse. The growth of informationtechnology has affected almost all sectors of life. Internet has enabled us to getevery information at our doorstep. Like all other sectors Internet has set its feet in thestock markets also.

The Stock Market system provides single, nation wide securities. It enables LAN investors inone part of the country to trade at the best quotes with an investor located in any other part ofthe country through the members of the stock exchange and subsequently clears and settle thetrade in an efficient and cost effective manner. The primary objective of the Stock Market isto provide clear opportunity to the investors throughout the country to trade any securityirrespective of the size of the order or the broker through whom the order is routed.

Thisprovides the facility to execute the buy order at the lowest price in the stock market locatedanywhere in the country without any extra cost to the investors.

There will be no trading floor in the exchange. A satellite network makes it possible to connect almost all the parts of thenation quickly as it is easy to install, as against the ground lines such as dial up modemsleased lines, which are prone to disruptions, satellite links, on the other hands ensure highspeed, availability and quality of the connection.

This mode of trading is known as "OnlineTrading" 31 Introduction of online trading in IndiaOnline trading started in India in February when a couple of brokers started offering anonline trading platform for their customers. The central computer located at the Exchange is connected to the workstations of theBrokers through satellite using Very Small Aperture Terminals VSATs. Orders placed atbased on price and time priority.

Both the exchanges have switched over from the openoutcry trading system to a fully automated computerized mode of trading known as BOLT BSE On Line Trading and NEAT National Exchange Automated Trading System.

Itfacilitates more efficient processing, automatic order matching, faster execution of tradesand transparency. The scrips traded on the BSE have been classified into A, B1, B2, C, Fand Z groups. The A group shares represent those, which are in the carry forward system Badla.

TheF group represents the debt market fixed income securities segment. The Z groupscrips are the blacklisted companies. Objectives of Present Trading System: The client is intimated about the execution of the deal by e-mail. Features Of Online TradingThe Online Trading is having many features which make it most suitable for the investors togo for. Some of these features are as follows: The Internet can provide a new sense of control over your financial future. Theamount of investment information available online is truly astounding.

Its one ofthe best aspects of being a wired investor. For the first time in history, anyindividual with an Internet connection can: One of the great appeals of using an online trading account is the fact that theaccount belongs to you, and is under your direct control. When you want to buy orsell stock, you no longer need to call your broker on the phone; hope that he is inthe office to place your order; possibly argue with the broker about the order; andhope that the transaction is executed instantly.

Access to the market: At the most basic level, an online trading account gives you more agility in buyingand selling stocks. This is through sophisticated information streams, dedicatedtrading platforms and sophisticated tools for accessing the markets. Online trading offers you greater transparency by providing you with an audit trail. This involves a complete integrated electronic chain starting from order placement,to clearing and settlement and finally ending with a credit into your depositoryaccount.

All these stages are subject to inspection, thus bringing in transparencyinto the system. Reduces the settlement risk: This method of trading reduces the settlement risk for the investor, as in this caseall short sell orders are squared off at the specified cut-off time and not allowed tobe carried forward.

Instant trade order confirmations: Every trade is confirmed immediately and you will receive an on-screenconfirmation following every trade with full details for your records. Thisavoids costly errors that would have been discovered when it is too late. Our Bank, Depository and Trading account are integrated for our convenience.

Various broking houses provide access to many of the popular banks. BENEFITS OF ONLINE TRADING: The most significant advantage of the Online broking is the cost reduction in thebrokerage.

Due to the power of the Internet one has the privilege of becoming theclients of really large brokerages with the benefits of enjoying the low chargesbefore enjoyed only by the big players. As the DP account has got linked to the tradingaccount most players do not charge a minimum transaction cost thustruly allowing one to buy a single share and achieve meaningful rupee priceaveraging whatever be your buying power. One can never have complete peace of mind but online investing does away withthe hassles of filling up instruction slips, visits to the broker for handing over theseslips and consequent costs.

The site one trades on keeps a record of all transactions down to unexecuted ordersand cancelled orders thus keeping one abreast of all your transactions 24 hours aday. It is the ease of doing the trade through net, with a click of mouse; one can buy or sell anyshare that is dematerialized. Other than the above-mentioned advantages, Internet trading provides someadditional advantages to the investors, brokers and also helps the nation toChannelize the resources.

Net trading would increase competition in the markethence increase in the bargaining power of the investors. The entire communicationbetween the investor, broker and exchange would take place within milliseconds.

PROBLEMS OF ONLINE TRADING. Some of the online sites are providing a telephone number foruse in case their sites are overloaded or their server down. Connectivity of the Broker with NSE: Recently ICICI Direct had a connectivity problem with the NSE for two and halfhoursduring trading hours.

This problem is rare but be alive to its possibility. He may like to choose a brokerage that has a statedsecurity policy and contingency plan in place. As a client one will access the NSE through a server of the online brokerage and thismay involve queuing delays. If a number of client access the server the server takesits own time sending the orders to the NSE server. He must check out theseamlessness of this interface before selecting an online brokerage.

The faster theorders are processed the more seamless is the interface. Non- availability of personalized advice: If one like to ask his broker "Aaj kya achcha lag raha hai" he may not be able to doso.

If he wants advice on a particular stock in his portfolio he may not even be ableto get that. If Internet trading alone is not fast and furious enough; many people are trading on 38 That is where the brokerage firm lends you money by leveraging hisaccount, allowing him to buy a large amount of securities by putting up only a smallamount of money.

He may have forgotten what he read in the small print of his agreement,but the brokerage firm has the right to change the maintenance marginrequirements without any warning or notice to him.

In fact, the firm has the right toliquidate his securities holdings and it can pick and choose which ones without anynotice to one if he fail to meet the margin call.

And there he was leveraged to thehilt, hoping to hit a home run when he discovered that he is required to make alarge deposit that he cannot make. The next thing one know, the firm is selling off hissecurities at a point in time that is not the best for him. These are the perils oftrading on margin. The current recession in the economy is affecting the stock market which has triggered aslowdown in the opening of new account by the depository participants DPs.

Faced with thesudden dip in the number of new accounts being opened, the DPs are devising ways toattracts customers.

Online Trading and DEMAT Account in India-Some Issues | i-Explore International Research Journal Consortium - renyropebow.web.fc2.com

On offer is Interactive Voice Response IVR for the latest update onDemat accounts and services through the Internet. Perhaps the volatility in the market has made investors worry.

Analystssaid there was booms in Demat account opening as retail customers were riding high on theloans extended to pick up initial public offers. Most of these Demat accounts are nowdormant. Several DPs are planning to launch Interactive Voice Response IVR units and Dematservices on the Net, Through these IVR units , investor will be able to know the current valueof their portfolio, current holdings, transaction list, etc.

Some DPs are providing Demat services on the internet to enable customer to access theiraccount and get the holding and transaction statement on a daily basis.. The required data was collected by way of distribution of questionnairesto investors at random and by way of telephonic interviews and online distribution ofquestionnaire.

Lack of knowledge or experienceb. Unsatisfactory services of broking firmsc. Charges by broking firm 49 Charges by know ledge or services of uncertainty broking firm experience broking firm s No.

Its a big challengeb. Its an opportunity 60 50 40 30 20 10 0 a. Its a big b. Its an challenge manageable opportunity No. No 60 50 40 30 20 10 0 Yes a little No No. Annual maintenance charge 40 35 30 25 20 15 10 5 0 a. Annual hidden charge maintenance charge No. Questions regarding perception of traders regarding Indiabulls: India bullsb Share khanc Angel Brokingd Religaree Karvyf Others 45 40 35 30 25 20 15 10 5 0 a.

Share Angel Religare Karvy others bulls khan Broking No. Neither satisfied nor dissatisfiedc. Dissatisfied 50 40 30 20 10 0 a. Dissatisfied nor dissatisfied No. Dissatisfied 60 50 40 30 20 10 0 a. Dissatisfied satisfied nor dissatisfied No. Bad 50 40 30 20 10 0 Good Avg. B ad Good A vg. Brokerage Transparency managers support No. Arihant complex 60 50 40 30 20 10 0 Kuber complex Arihant complex No.

Lack of knowledge or experience b. Charges by broking firmQ4 What is your opinion about the problem of market uncertainty in trading?

Its a big challenge b. Undisclosed hidden charge c. Neither satisfied nor dissatisfied c DissatisfiedQ. Neither satisfied nor dissatisfied c. A project report on comparative analysis of demat account and online trading. A project report on demat account at unicon securities pvt.

Objectives and scope of demat account and online trading. A project report on awareness and accessing behavior of demat account. Start clipping No thanks. You just clipped your first slide! Clipping is a handy way to collect important slides you want to go back to later. Now customize the name of a clipboard to store your clips. Visibility Others can see my Clipboard.