Comment on POA - Power of Attorney for your Demat account

Matti commented on 13 Oct 2017, 01:04 AM

Hey Manish,

If you were to not provide your broker with a PoA for your demat account, you’d have to provide a physical DIS (delivery instruction slip) every time you sell a stock from your demat account. This, clearly, would defeat the purpose of an online trading platform.

View the full comment thread »