- You need to open a share trading account with any the stockbroking companies and must have Central Depository System (CDS) account with that stock broking companies. The stock broking company will put your account under one of their remiser. Any enquiry of the trading can be made between you and your remiser.
- To start trading, a trader need to give the stock name or code, stock units and price to their remiser.
- The remiser will keyed in the requested stock in the system.
- Once the order matched and confirmed, the remiser will inform their client.
- Buyer’s account will be credited on T+3. If there is not enough fund available, the stock broking company will force sell the bought share on T4 and the buyer any has to bare any loss being made by that transaction.
- The broking house will then send out contract notes for every transaction of buying, selling and contra.
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