The buyers guves the order to the broker then the broker communicatrs to the exchange and the exchamge has the orders with them in the form of queues that is they have two queues which are BSE and NSE
and the trade gets ececuted on the T+2 days.
The buyers or sellers can either mention the price they want to buy or sell and it is called as the Limit order
If the buyer or seller is interested im buying or selling in the mentioned price then the trade gets executed
The trade must be completed before 3.30 otherwise the orded gets removed or
The buyers or sellers can even trade manually with the help of the software which is provided by the broker in the stock market

1 Comment
  1. vignesh 6 years ago

    Hi sir,
    Answering to your question 1 :: What is the difference between order and trading?
    Order: ordering your broker to buy or sell shares in particular price and quantity
    trading: buying and selling of share more frequently.

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