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Is it compulsory for every investor to open a depository account to trade in the capital market?

April 26, 2017account Capital compulsory Depository investor market Trade

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Is it compulsory for every investor to open a depository account to trade in the capital market?

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Any investor who buys securities through a stock exchange connected to the depository may receive his delivery in the dematerialised form, as dematerialised shares can be delivered in the physical segment at the option of the seller. Therefore those investors who buy securities from these exchanges should necessarily open a Depository account to take delivery of these shares.