SEBI Streamlines Process To Handle Clients’ Unpaid Securities By Trading, Clearing Members

Pay-in, in market parlance, refers to the process when investors sell their shares, the broker collects those shares from their demat account. After this, these shares are transferred to the bourse and clearing corporation. In the payout process, investors purchase the stocks, the clearing member transfers them to the broker who in turn transfers these shares to the demat account.

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