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NOT NULL CONSTRAINT -    Ensures that a column cannot have a null value. DEFAULT CONSTRAINT -    Provides a default value for a column when none is specified  UNIQUE CONSTRAINT -   Ensures that all values in columns are different  CHECK CONSTRAINT -   Makes sure that all values in a column satisfy certain criteria  PRIMARY KEY CONSTRAINT -   Used to uniquely identify a row in the table  FOREIGN KEY CONSTRAINT -   Used to ensure referential integrity of the data  Primary Key - is used uniquely to identify each row in a table . It can consist of one or more columns on a table . When Multiple columns are used on a table it is called composite key.  Foreign Key - Foreign key is a column or columns that references a column most often primary key of another table . The purpose of foreign key is to maintain referential integrity of the data. Pg admin  Data base - training - right click on training - query click  Always add semi colen to run the query  Int - integer  varchar - variable charact
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Stock Broking Services

 Content Includes -

Broker

 Sub broker 

Foreign broker 

Derivative trading member 

#Stock Broker 

- Stock broker is member of a recognised stock .

- 1875 started broking system

- SEBI is a statutory body which regulates and functions of research analyst , stock broker .

- We called stock broker as register representatives .

- They are associated with brokerage firm . 

- BSE is oldest stock broking provider in India and then NSE .

- Certificate of registration from SEBI is mandatory to act as a broker .

- SEBI is empowered to impose conditions while granting the certificate .

- Every broker has own way to calculate the commission , but SEBI has commission guidelines.

- Broker has a different broking certificate

- It is facilitated for buying and selling investment , they provide a platform.

- Trading platform , is for investor to participate in the market and manage the Portfolio.

#As a member of stock Exchange 

- He will have to abide by laws , regulations and bye laws.

- Pay the prescribed Fee 

- Take adequate steps for redressal of investor grievances within 1 month of receipt of complaint

- Keep SEBI informed about the number , nature and other particulars of such complaint. 

#Functions of Stock Broker 

- Agent - between exchange and client 

- Handling the trade 

- Commission - Commission charged on every transaction 

- Advice - They have to put a disclaimer that they are on the basis on analysis but it is purely a market.

- Issue of Contract Notes - Within 24 hours they have to send contract to client after buy , sell , GST charged , ratio of broker etc.

#Types of Broking Firm 

- Full service broking  - wide range of services like financial analysis etc They provide wide features like detailed charts and graphs . From trading to advisory , terminals through edit features . They have high charges.

- Discount broking- they provide trading platform at lower brokerage , they provide terminal with limited features.

#Registration

- Has to apply through the stock exchange of which he is a member 

- The application must be forwarded by exchange to SEBI within 30 days from the date of receipt 

- The exchange should also include a statement to the effect that no complaints / arbitration cases are pending against the applicant .

#For Granting Registration 

- SEBI checks whether or not he is eligible to be a member of stock exchange 

- Has necessary infrastructure including exchange to SEBI within 30 days from the date of receipt.

- The exchange should also include a statement to the effect that no complaints cases are pending against the applicant .

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