Your choice of broker will depend on what type of service you require. After you have decided which shares to buy guided by your stockbroker, decide on the price you are ready to pay for each share and the number of shares your money can buy. Normally your broker will advise you on the prevailing market prices at which the shares are trading. This price is also quoted at the exchange and in the Newspapers. It is important to know that prices of shares are determined by the law of demand and supply.
Prices therefore move up and down depending on supply and demand.
On decision to buy The members of the Exchange require that forward payment for shares be made to reduce default. A purchase contract note is a legal document that acts as proof of ownership until the Share Certificate arrives therefore it must be kept safely. At the same time, the broker forwards the signed Purchase Transfer Form to the registrar through the exchange. The registrar upon receiving your transfer form through your broker issues a new certificate in your name via the same broker. This certificate is a legal document confirming ownership and should be kept safely.