what are benefits of depository services
Share
what are benefits of depository services
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
......here is the answer............
Explanation:
*It reduces the cost of the issue and the transfer of securities by eliminating stamp duty. (2).It eliminates bad deliveries.(3).It reduces the scope of theft, forgery damages to security certificates. ........
Benefits of Depository System to Intermediaries :-
Intermediaries will be benefited from enhanced liquidity, safety and turnover on stock market, improved cash flow elimination of forgery and counterfeit with elimination of risk from settlement due to bad deliveries.