Which financial intermediary acts as your gateway to the stock markets, allowing you to make investments?

The Stock Broker Depository Depository Participant (DP) Clearing Corporation

What is the role of a Depository in the stock market ecosystem?

It offers the DEMAT account service, which stores digital share certificates It facilitates fund transfers between your bank account and trading account It ensures guaranteed settlement of trades and transactions It acts as an intermediary between you and the Depository

How does a Depository Participant (DP) facilitate transactions?

A DP helps you set up your DEMAT account with a Depository A DP identifies buyers and sellers and matches debit/credit for transactions A DP provides access to transact in stocks, bonds, ETFs, and mutual funds A DP facilitates fund transfers between your bank account and trading account

What is the primary function of banks in the stock market ecosystem?

Banks facilitate fund transfers between your bank account and trading account Banks ensure guaranteed settlement of trades and transactions Banks offer the DEMAT account service, which stores digital share certificates Banks provide access to transact in stocks, bonds, ETFs, and mutual funds

Which entities ensure guaranteed settlement of trades and transactions?

Stock Brokers Depositories Banks Clearing corporations like NSE Clearing Limited and ICCL

What is the significance of a 'contract note' issued by a stockbroker?

It is a written confirmation detailing the transactions carried out during the day It facilitates fund transfers between your bank account and trading account It helps you set up your DEMAT account with a Depository It ensures guaranteed settlement of trades and transactions