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INDIAN STOCK EXCHANGE
Presented By.
Mr. C. DINESHKUMAR
HISTORY OF E-COMMERCE
 E-Commerce means the facilitation of
commercial transactions electronically, using
technology such as Electronic Data Interchange
(EDI) and Electronic Funds Transfer (EFT),
allowing businesses to send commercial
documents like purchase orders or invoices
electronically.
DEFINITION OF E-COMMERCE
E-Commerce or electronic commerce is a
process of buying, selling, transferring, or
exchanging products, services, and
information via electronic networks and
computers.
BENEFITS OF E-COMMERCE
1. The business can operate on a GLOBAL scale. The
internet is a global. There are no distance barriers.
2. E-Commerce will save the company money.
The cost of operating online can be cheaper than having
a shop, office.
You can automate sales, meaning a reduction in staff.
Advertising is cheaper.
Any saving can be passed on to the customer.
3. The business has no time barriers.
An online business is available for customers 24 hours a
day. The internet never sleeps.
4. The customer has great power.
Better buyer decisions, more choice.
Quicker and cheaper to shop on the net.
5. Ideal for niche products.
A niche product is a product with very few customers.
The internet is a vast marketplace, and can generate volume.
6. Environmental Benefits.
The customer stays at home and orders goods from the
net.
Goods can be delivered directly from the warehouse.
Staff can work from home.
INTERNET STOCK TRADING
 Online trading as one of the recent origin in the 21st
century.
 Online trading in securities refers to the facility to
investor being able to place his own orders using the
internet trading platform offered by the trading member
i.e. the Broker.
 The transactions i.e., buying & selling of shares is made
through the internet.
 The orders so placed by the investor using internet would
be routed through the trading member.
 The online trading started in India from the year 2000.
 It is continually growing and has a huge market
potential.
OBJECTIVES
 To study the advantages of online trading system over
manual system.
 To study how online training system helps in improving
market transparency.
 To study the entire mechanism of trading online.
 To study the concept of dematerialization of shares that
is procedure, demat a/c, transfer of securities, and
settlement of demat securities.
E-COMMERCE & INTERNET STOCK TRADING
ACT
 The Electronic Commerce Act, 1998 (the Act), seeks
to provide legal infrastructure governing electronic
contracting, security and integrity of electronic
transactions the use of digital signatures and other related
issues.
UNDER SECTIONS
 According to
 Section 3:
1. To facilitate electronic communications, commerce and
filing.
2. To establish uniform rules and standards regarding the
authentication and integrity of electronic records.
3. Documents of title for movable or immovable property.
 Section : 4
1. The execution of negotiable instrument.
2. The creation or enforcement of an indenture, declaration of trust or
power of attomey.
3. Documents of title for movable or immovable property.
 Section : 5
1. Generating, receiving, storing or processing electronic records.
 Section : 6
1. Legal recognition or evidentiary weight to electronic
records and electronic signatures.
 Section : 7
1. Use of electronic “writing” through e-mail,the
internet and other electronic record.
 Section : 8
1. Originator’s approval of the information contained in
electronic record.
 Section : 9
1. Record to be presented or retained in original form.
 Section : 10
1. Electronic records and electronic signatures shall be
admitted as evidence in legal proceedings
notwithstanding anything contained in the Indian
Evidence Act, 1872.
 Section : 11
1. Documents, records or information be retained
whether permanently or for a specific period.
 Section : 12
1. Secure electronic records and Secure electronic
signatures.
 Section : 14
1. Electronic signatures affixed to an electronic record
the signature of the person objectively.
 Section : 15
1. Recognizes electronic records as a means of forming
contract.
 Section : 16
1. Originator and addressee of the original record.
 Section : 17
1. Framework for attributing electronic records to
specific persons.
 Section : 18
1. Acknowledgement of the receipt of electronic records.
 Section : 19
1. Time and place of despatch and receipt of an
electronic record.
 Section : 20
1. Applicable law in case of dispute.
 Section : 21
1. Electronic record that is signed with digital signatures
shall be treated as a secure electronic record.
THANK YOU

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E- Commerce and Internet Stock Trading

  • 1. INDIAN STOCK EXCHANGE Presented By. Mr. C. DINESHKUMAR
  • 2. HISTORY OF E-COMMERCE  E-Commerce means the facilitation of commercial transactions electronically, using technology such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT), allowing businesses to send commercial documents like purchase orders or invoices electronically.
  • 3. DEFINITION OF E-COMMERCE E-Commerce or electronic commerce is a process of buying, selling, transferring, or exchanging products, services, and information via electronic networks and computers.
  • 4. BENEFITS OF E-COMMERCE 1. The business can operate on a GLOBAL scale. The internet is a global. There are no distance barriers. 2. E-Commerce will save the company money. The cost of operating online can be cheaper than having a shop, office. You can automate sales, meaning a reduction in staff. Advertising is cheaper. Any saving can be passed on to the customer. 3. The business has no time barriers. An online business is available for customers 24 hours a day. The internet never sleeps.
  • 5. 4. The customer has great power. Better buyer decisions, more choice. Quicker and cheaper to shop on the net. 5. Ideal for niche products. A niche product is a product with very few customers. The internet is a vast marketplace, and can generate volume. 6. Environmental Benefits. The customer stays at home and orders goods from the net. Goods can be delivered directly from the warehouse. Staff can work from home.
  • 6. INTERNET STOCK TRADING  Online trading as one of the recent origin in the 21st century.  Online trading in securities refers to the facility to investor being able to place his own orders using the internet trading platform offered by the trading member i.e. the Broker.  The transactions i.e., buying & selling of shares is made through the internet.
  • 7.  The orders so placed by the investor using internet would be routed through the trading member.  The online trading started in India from the year 2000.  It is continually growing and has a huge market potential.
  • 8. OBJECTIVES  To study the advantages of online trading system over manual system.  To study how online training system helps in improving market transparency.  To study the entire mechanism of trading online.  To study the concept of dematerialization of shares that is procedure, demat a/c, transfer of securities, and settlement of demat securities.
  • 9. E-COMMERCE & INTERNET STOCK TRADING ACT  The Electronic Commerce Act, 1998 (the Act), seeks to provide legal infrastructure governing electronic contracting, security and integrity of electronic transactions the use of digital signatures and other related issues.
  • 10. UNDER SECTIONS  According to  Section 3: 1. To facilitate electronic communications, commerce and filing. 2. To establish uniform rules and standards regarding the authentication and integrity of electronic records. 3. Documents of title for movable or immovable property.
  • 11.  Section : 4 1. The execution of negotiable instrument. 2. The creation or enforcement of an indenture, declaration of trust or power of attomey. 3. Documents of title for movable or immovable property.  Section : 5 1. Generating, receiving, storing or processing electronic records.
  • 12.  Section : 6 1. Legal recognition or evidentiary weight to electronic records and electronic signatures.  Section : 7 1. Use of electronic “writing” through e-mail,the internet and other electronic record.  Section : 8 1. Originator’s approval of the information contained in electronic record.
  • 13.  Section : 9 1. Record to be presented or retained in original form.  Section : 10 1. Electronic records and electronic signatures shall be admitted as evidence in legal proceedings notwithstanding anything contained in the Indian Evidence Act, 1872.
  • 14.  Section : 11 1. Documents, records or information be retained whether permanently or for a specific period.  Section : 12 1. Secure electronic records and Secure electronic signatures.
  • 15.  Section : 14 1. Electronic signatures affixed to an electronic record the signature of the person objectively.  Section : 15 1. Recognizes electronic records as a means of forming contract.
  • 16.  Section : 16 1. Originator and addressee of the original record.  Section : 17 1. Framework for attributing electronic records to specific persons.
  • 17.  Section : 18 1. Acknowledgement of the receipt of electronic records.  Section : 19 1. Time and place of despatch and receipt of an electronic record.
  • 18.  Section : 20 1. Applicable law in case of dispute.  Section : 21 1. Electronic record that is signed with digital signatures shall be treated as a secure electronic record.