Hi everyone,
I am new to the forum so pls forgive me if i am posting in the wrong section of the forum......
I have just started off with learnin certain concepts about the markets, capitals, derivatives,etc.....just a cpl of queries I had in my mind....I'll be very grateful if sum1 can answer them:
1. If a depository participant has a security in the depository and the security undergoes a loss, who bears the loss? Does the participant bear the loss or the Depository itself too bears the loss????
2. I am a li'l confused between the use of the words trader and broker.....I thought both of them have the exact same meaning....but I've seen them as being used as 2 distinct terms in some references, pls tell me as to what the differences are between the two.....
I am new to the forum so pls forgive me if i am posting in the wrong section of the forum......
I have just started off with learnin certain concepts about the markets, capitals, derivatives,etc.....just a cpl of queries I had in my mind....I'll be very grateful if sum1 can answer them:
1. If a depository participant has a security in the depository and the security undergoes a loss, who bears the loss? Does the participant bear the loss or the Depository itself too bears the loss????
2. I am a li'l confused between the use of the words trader and broker.....I thought both of them have the exact same meaning....but I've seen them as being used as 2 distinct terms in some references, pls tell me as to what the differences are between the two.....