Demat refers to dematerialised account, it can be open with
any authorised Depository Participants. Demat turns security
into electronic form to make it tradable online. However, It
is not mandatory to have a demat a/c for buying and selling
of securities, SEBI allows invester to purchase upto 500
shares without having Demat account.
But having a Demat account is always good for investor
because it minimize the transaction time and provide safety
from loss and theft of shares.
Demat account is like an bank account, but in bank account
we keep, Fund for security and in Demat account we keep
shares for security.It is mandatory for Equity market.Even
though it is not mandatory for commodity market, but having
an Demat account for the investors is very good for their
securitys of shares.
demat is meant for dematerised account where the trading of
shares taken place in electronoicall manner which enables
the investors to over come the problem of loss of
shares,theft etc...........and it speed up the transaction
Let me introduce myself first. Myself is Meera. I have done
B.Com and after that i have completed PGDBM(Finance) in
2007 after that i was with ICICI Bank Ltd. I left that job
and as of now i didn't get job due to the mobility problem
as i want job in gandhidham. Moreover i want to do some
courses of Stastics. So if anyone have knowledge regarding
short-term stastics courses plz let me inform abt that and
if there a job for PGDBM (Finance) then also plz guide me .