Trading mechanism1 an investor approaches brokers who, Ask an Expert

Finance

Trading Mechanism

1. An investor approaches brokers who obtain his bid or prefer to the trading floor.

2. At the trading floor, the selling and buying brokers meet and seal that deal.

3. The investor is informed of what occurred or transpired on the trading floor during a contract notice. The notice is send to selling and buying investors.

The notice haves details as like:

Number of shares sold or bought
Buying or selling price
Charges or commission payable etc.

4. Settlement is completed via the brokers.

5. Old share certificate is cancelled or for selling investor and a latest one is issued in the category of buying investor.

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9520368

Have any Question?Write your Review or question?

Related Questions in Basic Finance

A firm is considering a project that has the following

A firm is considering a project that has the following estimated cashflows: Increased sales to business of $100,000 for the next six years (starting in one year's time) Increased costs of $30,000 for the next six years ( ...

Mrs salmon agrees to repay a loan by paying 500 at the end

Mrs. Salmon agrees to repay a loan by paying $500 at the end of each month for 5 years. The first payment is due at the end of the 6th month from today and the remaining payments will continue for another 59 months. If t ...

Consider the stock of abc inc a growth stock that will

Consider the stock of ABC Inc., a growth stock that will increase its dividend by 20 percent for the next two years and then maintain a constant 12 percent growth rate, thereafter. The stock has a required rate of return ...

Describe and provide an example for credit risk operational

Describe and provide an example for credit risk, operational risk and market risk based on the Basel 2 capital accord.

Please show all workkanab co and zion co are us companies

Please Show All Work Kanab Co. and Zion Co. are U.S. companies that engage in much business within the U.S. and are about the same size. They both conduct some international business as well. Kanab Co. has a subsidiary i ...

Today you opened up a local bank account your plan is to

Today you opened up a local bank account. Your plan is to make five $4,000 contributions to this account. The first $4,000 contribution will occur today and then every six months you will contribute another $4,000 to the ...

How does the lack of liquidity affect your execution

How does the lack of liquidity affect your execution strategy? Does this affect your use of limit orders and market orders? (Please attach any known literature if possible so i can refer to it. If not, its fine!)

What are the possible downsides of momentum investing is it

What are the possible downsides of momentum investing? Is it worth it do utilise this approach?

Can anyone explain this topic consolidation can hide

Can anyone explain this topic 'Consolidation can hide imminent business collapse'. If you can share your argument with real examples that will be much appreciated.

Question - john roberts has 4218053 in a brokerage account

Question - John Roberts has $42,180.53 in a brokerage account, and he plans to contribute an additional $5,000 to the account at the end of every year. The brokerage account has an expected annual return of 12 percent. I ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert