Is it necessary to transact through an intermediary?

It is advisable to conduct transactions through an intermediary. For example you need to transact through a trading member of  a stock exchange if you intend to buy or sell any security on stock exchanges. You need to maintain an account with a  depository if you intend to hold securities in demat form. You need to deposit money with a banker to an issue if you are  subscribing to public issues. You get guidance if you are transacting through an  intermediary. Chose a SEBI registered  intermediary, as he is accountable for its activities. The list of  registered intermediaries is available with



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