Arrange the steps in the procedure for an investor who wants to buy securities on a stock exchange:
1. Selection of broker
2. Opening Demat account with a depository
3. Place the order with the broker
4. Settlement
5. Execution of order by the broker on the instruction of the investor
1, 2, 3, 5 & 4
Procedure to buy securities by an investor are:
1. Selection of broker
2. Opening Demat account with a depository
3. Place the order with the broker
4. Execution of order by the broker on the instruction of the investor
5. Settlement