Brokers-Acts as a intermediary between Exchange And Traders.
Exchange -It is a entity where the trading of securities takes place in the secondary market.
SEBI- it is a regulatory body which will govern the activities take place in exchange
Government- They are not take active role in security market( except for regulating it).
Bank- Help in transactions.
Stock exchanges ensure the traders counter party risk through Brokers.
Importance of investing in stock market
1.To get better returns
2. To beat inflation
3, To meet or fulfilling of Financial goals
Long – Buy the stock at first time
Long unwinding – sell the previous holding stock
Short- Sell the stock which we didn’t own
Short covering- Buy back the stock to exit short position