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Many years before, the stocks are bought and sold in the form of certificates. After the advancement of technology, the online market came into practice. Hence the certificates are eliminated and online transactions are put into practice. Demat account is called De-materialized account; everyone should have to trade in stock market.
EMAT is the online stock trading account, in which the shares will be stored in dematerialized format.
It is the depository for holding shares. Demat account is mandatory for doing future and option whereas it is not required for intraday trading
Demat (Dematerialized Format) account is where your shares are store in an electronic format. If you want to buy and hold shares then Demat account is mandatory.
Demat A/C Means holding the shares in the digital format.Before 2000 people used to have their shares in physically format,maintaining shares in physical format is a tedious work for the stock exchange,for this reason they made shares in digital format.
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