Advertisements
Advertisements
Question
Study the following case/situation and express your opinion.
|
Ram a stock broker, traded on the stock exchange. He sells stock of Reliant Industries a listed public company on 1st March, 20xx whereas the transaction gets settled on 5th March. (No Holiday being declared to the stock market on the given dates). |
Advertisements
Solution
Ram sells Reliant Industries' shores on March 1st, 20xx, but the transaction is settled on March 5th. The transaction should be netted off in T + 2 days, according to the rules. The transaction is expected to be completed on March 3rd, 20xx. As a result, the settlement is not legal.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
______ is a dealer in stock exchange who carries on trading of securities in his own name.
Select the correct answer from the options given below and rewrite the statement.
A ______ who expects a fall in the price of a security.
Write a word or a term or a phrase which can substitute the following statement.
A speculator who expects the price of shares rise in the future.
Answer in one sentence.
Who is Broker?
Answer in one sentence.
Who is Jobber?
Answer in one sentence.
Who is Bull?
Answer in one sentence.
Who is Bear?
Answer in one sentence.
Who is Lame Duck?
Correct the underlined word and rewrite the following sentence.
A Bull buys new issues of securities from primary market.
Explain the following term/concept.
Jobber
Explain the following term/concept.
Bear
Distinguish between the following.
Jobber and Broker.
______ is a speculator who expects a fall in the price of the security.
Explain the following term/concept in detail:
Index of Stock Market.
Distinguish between the following:
Bull and Bear
Explain the following term/concept.
Sensex
