Answer Posted / sivaprasad.s
From Booking of a trade to settlement of the trade involves
in the trade cycle and cycle closes with confirmation
message to the client.
1)trade start with (sell/ buy) a request to broker
2)broker will place the order in stock exchange.
3)in stock exchange first order match will happen.
4)Once the order is matched settlement will happen and the
confirmation will be received from the clearer/Custodian.
5) buyer or seller will be notified of their trade
| Is This Answer Correct ? | 41 Yes | 4 No |
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