Q.Name the document prepared in the process of online trading of securities that is legally enforceable and helps to settle disputes/claims between the investor and the broker.

The document is the Contract Note, issued by the broker to the investor within 24 hours of a trade.

It records the number of shares bought or sold, the price, the date and time of the deal, the brokerage charges and a unique order code. Be …

In the process of online trading, after a trade has been executed the broker issues a Contract Note to the investor within 24 hours. This note contains the details of the number of shares bought or sold, the price, the date and time of the deal, the brokerage charges and a unique order code assign …