Straight – Through – Processing (STP)

What is STP? Straight – Through – Processing is an initiative which enables the entire trade process for financial transactions (e.g. capital markets or other payment transactions) to be conducted electronically without the need for further manual...

Dematerialization

  “Dematerialization” also known as “demat” is the elimination of physical certificates or documents of title which represents ownership of securities so that securities exist only as accounting records” It is the process of converting securities (shares, bonds...
What are Ponzi Schemes?

What are Ponzi Schemes?

Ponzi Schemes, Wonder Banks, Pyramid Schemes, Investment scams and so on, refer to unregistered, fraudulent/illegal investment operations in which the operators, usually individuals or organizations offer incredibly high interest rates or returns to investors, always...
Can I use dematerialized shares to borrow money?

Can I use dematerialized shares to borrow money?

Of course yes, all you need to do is to approach your bankers with the CSCS statements of your shareholding and complete their prescribed forms by which procedure you would pledge the dematerialized shares to the bank. The lender bank will then place a lien on the...

How can I Dematerialize My Shares?

To dematerialize your shares, you need to do the following: Open a CSCS account today using your stockbrokers if you do not have one already. Surrender all the share certificates you want to dematerialize to the company’s registrars through your stockbroker...