The order of the share purchase is:
- Customer widened in Company Securities
A client first become a client or open an account at one brokerage company or securities. After that can carry out the transaction.
- Order from the Customer
Activities of buying and selling stocks at the start with the instruction given investors to brokers. Commands can be directly or by means of communication.
- Orders forwarded to the Floor Trader
Any orders coming into the broker will then be forwarded to the officers who were brokers on the trading floor.
- Orders entered into JATS
Trading floor will include all orders in the receipt into the computer system JATS. All orders are entered into the system JATS can be monitored by floor traders or anyone who has a system of information exchange.
- Transaction Occurs
At this stage, the orders are entered into the system JATS met appropriately priced and listed in the system JATS as a transaction that has occurred.
- Transaction Settlement
At this stage, investors do not automatically get their rights at this stage because it takes several processes such as clearing, transfer, and others. Until finally the rights of investors are met.
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