Accountancy, asked by baljass94, 5 months ago

What is trading accounts?What purpose does it serve?​

Answers

Answered by Anonymous
5

Answer:

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⭐What Is Trending Account ?

Answer-Trading account assets refer to a separate account managed by banks that buy U.S. government securities and other securities for their own trading account or for resale at a profit to other banks and to the public, rather than for investment in the bank's own investment portfolio. 

Explanation:

⭐What Purpose Does It Serve ?

Anwer-A trading account is used to place buy or sell orders in the stock market. The demat account is used as a bank where shares bought are deposited in, and where shares sold are taken from. Trading account with Kotak Securities helps you trade seamlessly in the stock market.

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