Stock exchange

K & A Securities
Introduction about
K&A Securities
Brokers Company
Function
Working Of
Stock
Exchange
Underwriting
IPO
 Secondary
Market Trading
Futures and
Options
 Trading
Mechanism
K & A Securities
Introduction
Company registered under the
companies Act, 1956 is a
Member of the National Stock
Exchange & Bombay Stock
Exchange.
 o l o f
on t r
a k e c an d
t o t os t s
st o r s g h c .
i n ve e h i r m s  

d u a l m t h in g fi
d i v i e f r o b r o k
e r i n s , f r e oc k
p o w l li ve a l s t
o em n c i a i t io n
T fin a t ra d
th e ir t s o f
nf l ic
c o
 To provide world class investment
solutions to the class of investors who
believe in 'India as a story whose time
has come and empower them through
technology'.

To provide the most useful and

ethical Investment Solutions -
guided by values driven approach
to growth, client service and
How brokers company
function
• The role of the stock broker and
brokerage firm is to execute the
demands of their client.
• Only registered brokers can initiate
transactions on the floors of the major
stock exchanges and other financial
markets.
 Working Of Stock Exchange

• Floor
• Posts
• Names of the stocks 
• Go to the section of the
post 
• Professional called the
specialist  
 Working Of Stock Exchange

•At the post, an exchange employee jots down on a

special card the details of the transaction including
the stock symbol, the number of shares, and the
price of the stocks.

•The card is inserted into an optical reader.

•The reader puts this information into a computer

and transmits the information of the buy or sell of
the stock to the market.
•Underwriting agreement is a
contract between a business issuing
public stock and their underwriter.
•It highlights four key points related
to the shares.
1. Public offering price.
2. Fee charged by a syndicate.
3. Net proceeds to the issuer.
4. The closing date.
• Referred to simply as an "offering" or "flotation“.
• Issues common stock or shares to the public for the
first time. 
• Often issued by smaller, younger companies
seeking capital to expand.
• May obtain the assistance of an underwriting firm.
• Risky investment.
 Secondary Market Trading

Secondary market is a financial

market for trading of securities
that have already been issued in
an initial private or public
offering. In a secondary market ,
securities are sold and transferred
from one investor or speculator
to another.
 Products dealt in Secondary
Market

• Equity Shares
• Debentures
• Govt. Securities
• Bonds
 Futures & Options
• Futures contract is an agreement to
buy or sell specified quantity of the
underlying assets at a price agreed
upon by the buyer and seller, on or
before a specified time. Both the buyer
and seller are obliged to buy/sell the
underlying asset.

• In options the buyer enjoys the right

and not the obligation, to buy or sell
the underlying asset.
 Trading Mechanism
• Step1. Investor/ trader decides to trade.

• Step2. Places order with broker to

buy/sell required quantity of respective
securities.

• Step 3. Best priced order matches based

on price-time priority.

• Step4. order execution is communicated

to the broker.
 Trading Mechanism
• Step 5. Trade confirmation slip issued to the
investor/trader by the broker.

• Step 6. Within 24 hours of trade execution,

contract note is issued to investor/trader by
broker.

• Step 7. Pay in of funds and securities before

T+2 day.

• Step 8. Pay out of funds and securities on

T+2 day.