1. Selection of Broker: In order to trade on a Stock Exchange first a broker is selected who should be a member of stock exchange as they can only trade on the stock exchange.
2. Opening Date Account with Depository.
3. Placing the order: After selecting a broker, the investors specify the type and number of securities they want to buy or sell.
4. Executing the order: The broker will buy or sell the securities as per the instructions of the investor.
5. Settlement: Any trade taking place gets settled within 2 days of the trade date.