Brokers Books

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I am currently doing Stat audit of A broker.
Accordingly whatever trades they enter of their clients while trading,
automatically that entry gets entered in their accounting software.
But we dont get to see the entry as a whole as it gets directly entered in
their accounting software.

I would like to know that when a broker does purchase and sale of shares
on behalf of his clients, either the clients account gets debited or credited,
which is the corresponding account which gets debited or credited ?

Replies (1)

I would like to recommend you to go though the SEBI guidelines which is the best place to rely on.

 

Now a days Forex Trading & CFD Trading requires high attention, If you are looking for valuable information & tips on Forex, visit some reliable broker website from where you can have some good tips.

 


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