Stock exchange
baswanth mohan paruchuri
(Querist) 04 October 2010
This query is : Resolved
what exactly "market intermediaries" means and what is the role they play in capital market transactions?
Daksh
(Expert) 05 October 2010
Dear Mr.Baswanth Mohan Paruchuri,
The term market intermediatory means and denote the transaction facilitators namely depository participants who act intermediatory amongst the stock exchange and the retail investor. Like banks the retail investor opens a account and lodges its trade and these depository participants on instructions act as their agent by charging commission on the basis of transactions.
Best Regards
Daksh
pawan sharma
(Expert) 05 October 2010
yes. agree with Mr.Daksh.