Who We Are
Queue Investment is an Authorized Partner (Authorized Person) of Angel One, based in Katargam, Surat, Gujarat. While Angel One provides the trading platform, execution and infrastructure, we work in the traditional full-service broking model — giving every client personal attention, a dedicated relationship manager and hands-on help with financial planning, so you never have to navigate the markets alone.
What is a Demat Account?
A Demat Account (Dematerialisation Account) is used to electronically store your investments like Shares, Mutual Funds, ETFs, Bonds, Government securities etc., without any paperwork.
Initially, stocks and shares used to be exchanged via physical receipts called certificates. This included lengthy paperwork and took up a lot of time. To counter this, and to take advantage of electronic trading platforms which were gaining traction in the West and Asian markets, the process of dematerialisation (demat) of shares was initiated in 1996. Physical share certificates were converted into electronic-form securities of equivalent number and price, and were credited to the investor's demat account. Thus, the modern way of trading commenced.
Advantages of Opening a Demat Account
- Convenience: Trade in shares, stocks, index and gold, bonds, Government securities, IPOs, ETFs, NCDs, mutual funds and more — all traded on Indian exchanges (BSE/NSE) via a single Demat account with zero paperwork.
- Restrictions with Offline Trading: SEBI has permitted trading of up to 500 shares in physical form, which involves an excessive inconvenience of maintenance and tracking.
- Auto Sync: All transactions done via the Demat account are automatically reflected in real time.
- Security: Investors need not worry about the safety of physical share holdings or frauds that might happen in offline trading.
- Accessibility: Investors can track and access their portfolios in real time with just a few clicks.
- Zero Balance Account Opening: Investors can open a Demat account with zero balance.
Common Terms of a Demat Account
- Depository: At present, two depositories are registered with SEBI — (i) CDSL (Central Depository Services Ltd.) and (ii) NSDL (National Securities Depository Ltd.). These depositories hold your demat account on your behalf; their work is similar to that of a bank.
- Depository Participant (DP): All investors deal with the depository (CDSL/NSDL) through an agent. Financial institutions, scheduled commercial banks, RBI-approved foreign banks operating in India, stock brokers, clearing corporations, state financial corporations, NBFCs, share transfer agents etc. that comply with SEBI's conditions can be registered as a DP. Banking services are availed through a branch; similarly, depository services are availed via a DP.
- Portfolio Holding: The demat account enables you to view your portfolio holdings every time a transaction is undertaken. Since it is an automated process, every purchase and sale is recorded with the minutest details — price, date, quantity etc.
- Unique ID: Every demat account has a unique 16-digit identification number used during transactions to identify and credit securities to the specific investor's account. The first 8 digits are the DP ID and the last 8 are the Client ID (investor account).
