Professional Documents
Culture Documents
Primary market
-Channel for creation of new securities
Secondary market
-The new securities issued in the primary
market are traded the secondary market
Primary Market
Fixed Price
Price discovery through Book Building Process
Book Building Process
Merchant Bankers
Registrar &Transfer Agents (R&T agents)
Stock Brokers
Custodians
Mutual Funds
Depositories
Depository Participants
Merchant Bankers
Services offered by DP
Account Opening & Maintenance
Dematerialisation of Securities
Transfer of Securities
Pledging of Securities
Rematerilisation of Securities
Other Intermediaries
Equity shares
Preference shares
Futures and Options
Debentures/Bonds
Government securities
Equity Shares