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A dealer of shares usually has large number of shares of different companies with him. How does he record those shares: As current investment or inventory (as it is his business) ?
Answers (5)
CA Suraj Lakhotia Admin
Broker do not own shares.
I know, thatâ??s why I asked for dealers. A stock dealer is a financial professional who buys and sells securities for their account. The term stock dealer doesn't describe just anyone buying and selling securities â?? It only applies to those who do so as a part of their business.
Thread Starter
Aman MahajanI know, thatâ??s why I asked for dealers. A stock dealer is a financial professional who buys and sells securities for their account. The term stock dealer doesn't describe just anyone buying and selling securities â?? It only applies to those who do so as a part of their business.
Its not relevant in Indian Context.
CA Suraj Lakhotia Admin
Its not relevant in Indian Context.
Meaning there are no stock dealers in India?