Angel Broking is a famous brokerage firm that offers its clients a range of financial services, including online trading in stocks, commodities, currencies, and other financial instruments. As part of its commitment to helping its clients make informed investment decisions, Angel Broking offers a variety of resources, including research reports, market updates, and educational content. 

What is dis book in angel broking?

In the world of investing, the ability to execute trades in a timely and efficient manner is important. This is where delivery instruction slips (DIS) come into play. A DIS is essentially a document that allows investors to authorize the transfer of securities from one account to another. In the case of Angel Broking, a DIS book is a physical booklet containing multiple DIS slips that investors can use to authorize the transfer of securities.

When an investor wants to transfer securities from their demat account (which holds their securities in electronic form) to another demat account, they need to provide a DIS to their broker. The DIS contains details such as the name of the security, the quantity to be transferred, the target demat account, and the investor's signature. Once the broker receives the DIS, they can initiate the transfer of the securities.

Angel Broking, like most brokers, provides a DIS book to their investors. The DIS book is a physical booklet containing multiple slips that investors can use to authorize the transfer of securities. Each slip is pre-printed with the necessary details such as the investor's name and demat account number, making it easy for investors to fill in the remaining details and authorize the transfer.

Using a DIS book can be a more secure and convenient way to transfer securities compared to other methods. For example, investors may need to provide their broker with a power of attorney (POA) to authorize the transfer of securities. However, providing a POA can be risky as it gives the broker significant control over the investor's account. Using a DIS book, on the other hand, allows investors to retain control over their accounts while still being able to authorize the transfer of securities when needed.

Conclusion

DIS book is a physical booklet containing multiple delivery instruction slips that investors can use to authorize the transfer of securities from one demat account to another. Angel Broking provides a DIS book to their investors as a secure and convenient way to execute trades.

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