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Explanation
Explanation
Organised Market:
Stock exchange is an organised market. Every stock
exchange has a management committee, which has all the
rights related to management and control of exchange. All
the transactions taking place in the stock exchange are
done as per the prescribed procedure under the guidance of
the management committee.
Dealings in Securities Issued by Various Concerns:
Only those securities are traded in the stock exchange
which is listed there. After fulfilling certain terms and
conditions, security gets listed on the stock exchange.
Necessary to Obey the Rules and Bye-laws:
While transacting in Stock Exchange, it is necessary to obey
the rules and bye-laws determined by the Stock Exchange.
Over-The-Counter Market
Meaning-
Features of OTC
OTC MARKET