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How does the broker deliver securities to clients who have bought the same?

April 26, 2017bought broker clients deliver securities

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How does the broker deliver securities to clients who have bought the same?

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After the broker receives credit in his clearing account, he will be able to transfer securities to client’s accounts for purchase made through him. He has to instruct his DP to debit his clearing account to that extent stating his client’s account number and the DP-Id of the client’s participant.