Instructions for new invester to start trading in secondary market.
1. Take 1 nationality copy and visit any brokers office to open account with. Account opening is free. They will give you one id which you need to mention every time when you place order for purchase or sales.
2. Tell them the quantity and company name of which you want to buy share. As this is your first purchase and you are unknown to broker you are required to deposit money before placing order. Later you dont have to pay in advance.
3. Share market is open 12:00-3:00pm sunday to thursday. broker will message you about the purchased or sold share after 3:00pm.
4. If you want to take share certificate with you, contact broker after 4-5 days otherwise you can left it with them and can sell any time by just a phone call.
5. If you have sold share, you will have to wait 7-10 days to get your money. To take money you have to go to broker office and they will give you a ac payee cheque
7. If you are sellig primary shares, you have to provide share certificate to broker before you place selling order. Once you are familier with broker you can also give them next day. If you do delay broker will face trouble and NEPSE will suspend their account until you provide certificate.
src : sharesansarforum posted by RISHIRG
1. Take 1 nationality copy and visit any brokers office to open account with. Account opening is free. They will give you one id which you need to mention every time when you place order for purchase or sales.
2. Tell them the quantity and company name of which you want to buy share. As this is your first purchase and you are unknown to broker you are required to deposit money before placing order. Later you dont have to pay in advance.
3. Share market is open 12:00-3:00pm sunday to thursday. broker will message you about the purchased or sold share after 3:00pm.
4. If you want to take share certificate with you, contact broker after 4-5 days otherwise you can left it with them and can sell any time by just a phone call.
5. If you have sold share, you will have to wait 7-10 days to get your money. To take money you have to go to broker office and they will give you a ac payee cheque
7. If you are sellig primary shares, you have to provide share certificate to broker before you place selling order. Once you are familier with broker you can also give them next day. If you do delay broker will face trouble and NEPSE will suspend their account until you provide certificate.
src : sharesansarforum posted by RISHIRG
