What is the common name for the Beneficiary Owner Account, which is to be opened by investors for trading in s

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Q. What is the common name for the Beneficiary Owner Account, which is to be opened by investors for trading in securities?

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The Beneficial Owner (BO) account is commonly called a demat account.

To trade in securities, an investor must open a Beneficial Owner (BO) account with a depository participant, in which securities are held and transferred in dematerialised form. This account is commonly known as a demat account. …

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Q.What is the common name for the Beneficiary Owner Account, which is to be opened by investors for trading in securities?

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