DDK FIRMS

DDK FIRMS Our Company is one of the largest independent full-service retail broking houses in India in terms o

06/05/2020

COVID19 & FINANCIAL SOLUTION
For Details Contact @91270-75133

WHY YOU NEED TO OPEN A DEMAT ACCOUNT?Such accounts are of crucial importance today because, the entire financial platfor...
06/12/2019

WHY YOU NEED TO OPEN A DEMAT ACCOUNT?

Such accounts are of crucial importance today because, the entire financial platform of investing, trading and maintaining have become digitised. Hence, to enable the user with a seamless and straightforward experience, demat accounts are the necessity of the day. These accounts are essential to trade in India’s stock exchanges. Although SEBI – Securities and Exchange Board of India, has permitted traded up to 500 shares to be settled in the physical form, it is not a preferable option these days since it causes excessive inconvenience of maintenance and tracking.

This account retains certificates of financial instruments such as shares, bonds, government securities, etc. Thus, the dematerialisation account aids the investor to maintain their investments systematically as well as concedes an easy movement to buy and sell any products they desire.

06/12/2019

A lot of people have queries about demat account. Today I will tell you about demat account.

What is a Demat Account?

Initially, stocks and shares used to be exchanged via physical receipts called certificates. However, this resulted in lengthy paperwork and took up a lot of time. To counter this and to take advantage of an electronic trading platform which was gaining traction in West and the Asian Markets, the process of dematerialisation (demat) of shares was initiated in 1996. Physical share certificates were converted into electronic form securities of equivalent number and price and were credited to the investor’s demat account. Thus, the advent of trading commenced this way.

In a more simplistic approach, demat accounts allow the investor to buy and sell as well as transact not only shares and stocks but other products conveniently without the need of any sort of paperwork.

CONTACT US TO OPEN A FREE DEMAT ACCOUNT WITH FREE ONE YEAR AMC.

Official franchise of Angel Broking Firm.India's best stock broking firm.Journey begins now.Contact us to open a free de...
06/12/2019

Official franchise of Angel Broking Firm.
India's best stock broking firm.
Journey begins now.

Contact us to open a free demat account.

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+919127075133

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