What is the Stock Market or Stock Exchange?
Stock Market and Stock Exchange are used interchangeably.
Place where Buying and Selling of Equity Shares, Debentures, Bonds etc.. take place.
In olden days people buy and sell manually and shares are physically delivered to buyers. Nowadays everything is digitalised. You have to open a Demat and Trading account.
Demat account use for keeping your stock in electronic format and Trading account use for Buy and Sell Equity shares, Debentures, Bonds and other financial instruments.
Demat accounts are introduced to safeguard investor interest and help faster movement of transactions. It also helps to reduce cost and time taken for transfer shares in the name of Buyer.
Trading accounts contain Market watch window, Order window, Trade confirmation window and also help to keep track of your fund or amount lying with the broker (Amount lying in trading account). You can easily transfer funds from your bank account to your trading account and also you can transfer funds from trading account to your bank account. Trading accounts also help to Buy and Sell shares conveniently from your home or office. Trading accounts help to monitor many stocks at a time through the market watch window.