Depository participants are the agents of a depository such as NSDL or CDSL. An investor, new to the stock market, needs to approach a depository participant to open a demat account. Shares purchased by the investor are held in that account with the depository participant, but the investor remains the sole beneficial owner of the shares. Whenever there is a buy or sell transaction, the depository participant credits or debits the demat account accordingly. A depository participant offers several services, such as pledge and unpledge of shares, corporate action handling, etc.
A depository helps to interact with investors through agents which are called Depository Participants (DPs). Investors who want to enjoy the services of depository in terms of buying & selling stock then they have to open an account with depository participants. A depository participant is an agent of depository through which it interfaces with investors & provides depository services. A depository is an entity that helps an investor to buy or sell securities like stock or bond. Depository Participant is a link between companies that issue securities & depositories.
Dhanesh Bendre
Depository participants are the agents of a depository such as NSDL or CDSL. An investor, new to the stock market, needs to approach a depository participant to open a demat account. Shares purchased by the investor are held in that account with the depository participant, but the investor remains the sole beneficial owner of the shares. Whenever there is a buy or sell transaction, the depository participant credits or debits the demat account accordingly. A depository participant offers several services, such as pledge and unpledge of shares, corporate action handling, etc.
xrraa
mpl quora
mpl quora
mpl quora
devangthakkar
A depository helps to interact with investors through agents which are called Depository Participants (DPs). Investors who want to enjoy the services of depository in terms of buying & selling stock then they have to open an account with depository participants. A depository participant is an agent of depository through which it interfaces with investors & provides depository services. A depository is an entity that helps an investor to buy or sell securities like stock or bond. Depository Participant is a link between companies that issue securities & depositories.