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Procedure for Internet trading: • Step-1: Those investors interested in doing the trading over internet system, that is, NEAT-ISX, should approach the brokers and register with the Stock Broker. • Step-2: After registration, the broker will provide to them a login name, password and a personal identification number (PIN). • Step-3: Actual placement of an order. An order can then be placed by using the place order window as under: o First by entering the symbol and series of stock and other parameters such as quantity and price of the scrip on the place order window. http://www.artilces4free.info o Second, fill in the symbol, series and the default quantity. • Step-4: It is the process of review. Thus, the investor has to review the order placed by clicking the review option. He may also re-set to clear the values. • Step-5: After the review has been satisfactory; the order has to be sent by clicking on the send option. • Step-6: The investor will receive an ``Order Confirmation'' message along with the order number and the value of the order. • Step-7: In case the order is rejected by the Broker or the Stock Exchange for certain reasons such as invalid price limit, an appropriate message will appear at the bottom of the screen. At present, a time lag of about ten seconds is there in executing the trade. • Step-8: It is regarding charging payment, for which there are different modes. Some brokers will take some advance payment from the investors and will fix their trading limits. When the trade is executed, the broker will ask the investor for transfer of funds by the investor to his account. http://www.artilces4free.info