Can an investor trade in dematerialised securities through his DP?
No. Trading at the stock exchanges can be done only through a registered trading member (broker) of the stock exchange irrespective of whether the securities are held in physical or dematerialised form. DPs role will only be to facilitate settlement of trade in the dematerialised form, by transferring securities from and to the account of the investor, for selling and buying respectively.
Related Questions
- In case the investor requests for dematerialised securities in case of rights/ bonus issue without having a depository account, will NSDL open a beneficiary account to credit these?
- Under AMS/3, does investor need to trade securities through brokers (or market participants)?
- Can an investor trade in dematerialised securities through his DP?
