Each security issued bears a unique ISIN issued by the International Standards Organisation (ISO).

During the physical transaction of shares, it was practiced that whenever a company announces...

We say unrealised because the position is open and not yet closed

In financial risk management, Value at Risk (VaR) is a widely used risk measure of the risk of...

The settlement of funds’ obligations is done through the clearing banks attached to clearing corporations attached to exchanges.

The settlement of funds' obligations is done through the clearing banks attached to clearing corporations attached to exchanges.

A clearing corporation, with the help of clearing members, custodians, clearing banks and depositories...

Once you have bought or sold shares, the transaction is complete only when you have got the shares you purchased...

An increasing number of investors are now opting to use an internet-based broker for their trading.

For immediate execution of orders, the best sell order is the order with the lowest price and a best buy order is the order with the highest price.

An investor informs a broker to place an order on his behalf.

Let us start with understanding an order. When you want to buy something you need to order the same...

We know that a broker is a member of a recognised stock exchange who is permitted to trade through the screen-based trading system of different stock exchanges.

In this chapter we are going to discuss about how actual trading and settlement takes place in exchanges.