Stock Market Operations Related Services
Stock exchanges in India have a long history exceeding 175 years. These institutions have witnessed extreme change in their ownership and governance structure over the period of time, from a purely closed club of trading members to full demutualization, and from an organization resembling more a self regulatory organization to a SEBI regulated entity. To serve the overarching goal of market development, financial inclusion, transparency, developing and operating efficient and risk free trading system, continuous modifications have been made from time to time in the management and functioning of the stock exchanges. Along with stock exchanges, other institutions (depositories and clearing corporations) which are as much an essential part of the market infrastructure, for achieving the above motives also developed. These institutions (i.e., stock exchanges, depositories and clearing corporations) are systemically necessary for the country’s financial development and serve as the infrastructure important for the securities market. These institutions are collectively referred to as Market Infrastructure Institutions (MIIs).
For the smooth functioning of these MIIs, government has issued different Acts. SEBI has also specified various regulations from time to time for such purpose, which is time to time changed as to respond to the changes in the requirements of the market and in keeping with financial and technological advancement world over. Development is a continuous process and each modification brings a new challenge. The case of MII’s has been no different.
There are different risks that companies are exposed to and when you invest in equity, your returns are affected by these risks. These are
Business risks i.e. the risks concerned with the prosperity of a business and the demand for its products
Financial risks like the skill with which a company’s funds are managed to assure that it has an optimum level of debt, equity, reserves, etc.
Industry risk like changes in technology, regulations, fashions, etc., also have an impact on the performance of an industry
Management risks like the level of corporate governance, management skills and vision
Political, economic and exchange rate risks i.e. these factors affect a company but are outside its control
Market risks i.e. the risk that the market will collapse, or that you have invested at the peak, which determine your returns on your equity investment.
What Rishab Gupta & Company Offers
Rishab Gupta & Company work closely for BSE Limited, National Stock Exchange, Delhi, Mumbai, Ahmedabad & Uttar Pradesh and other regional Stock Exchanges. We work for many groups listed with BSE Limited and offer various services catering specific needs. We provide the Stock market services under the following categories.
Conduct of Internal Audit of operations of the Depository Participants, at intervals of less than three months and furnish a copy of the internal audit report to National Securities Depositories Limited (NSDL).
Concurrent Audit in case of Demat Account opening, Control and Verification of Delivery Instruction Slips.
Conduct of Internal Audit of operations of the Depository Participants at such intervals as may be prescribed by CDS from time to time and furnish a copy of the internal audit report to Central Depository Services (India) Limited (CDS).
Certificate of Net worth to be submitted to Bombay Stock Exchange Limited by all active members comprising representative members of Cash segment, Limited Trading members & Trading and/or Clearing members of the Derivatives segment of the Bombay Stock Exchange.
Certificate to National Stock Exchange Limited on;
Details of directors/proprietor in format C-3 as per Annexure 4.3 of Annual Return submitted by Trading Member to the Stock Exchange.
Details of shareholding pattern/sharing pattern of corporates in format C-6 as per Annexure 4.4(a) of Annual Return submitted by Trading Member to the Stock Exchange.
Details of shareholding pattern/sharing pattern of firms in format C-6 as per Annexure 4.4(b) of Annual Return submitted by Trading Member to the Stock Exchange.
Details of Dominant group of corporates in format C-7 as per Annexure 4.5(a) of Annual Return submitted by Trading Member to the Stock Exchange.
Details of Dominant group of firms in format C-7 as per Annexure 4.5(b) of Annual Return submitted by Trading Member to the Stock Exchange.
Undertaking from Relative of Persons constituting Dominant Promoter Group in format C–8 as per Annexure 4.6(a) of Annual Return submitted by Trading Member to the Stock Exchange.
Undertaking from Corporates supporting Dominant Promoter Group in format C–8 as per Annexure 4.6(b) of Annual Return submitted by Trading Member to the Stock Exchange.
Inspection of books of accounts and other documents of members of stock exchange of The Ahmedabad Share and Stock Brokers Association, Mumbai, Delhi, Ahmedabad & Uttar Pradesh Stock Exchange Association Ltd., Kanpur.
Certification to the effect that RTA and/or In-house Share transfer facility of Listed Companies have issued all certificates within one month of the lodgments for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/ allotment monies, to The Stock Exchange, Mumbai, Delhi, Pune Stock Exchange, The Calcutta Stock Exchange, Uttar Pradesh Stock Exchange Association Limited (Kanpur).
Verification and authentication of the declarations of the Managing Director of a Company to the Stock Exchange, when listed securities are forfeited or delisted voluntarily.
Consultancy for Business Analysis and Expansion of Existing Stock Market Operations for Brokers and Trading Houses - We have extensive hands-on experience of different stock market operations and excellent command on Technical Analysis as well as Fundamental Analysis skills. We provide our professional consultancy to Brokers and Trading Houses for induction and training in alpha-seeking strategies such as Arbitrage and Pairs-trading. We have a proven track-record of trading derivatives/ options, volatility trading and hedging, market trend following and analyzing charts and derivatives data of NSE futures and options market.
