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after the CDSC was launched in full fledge, they have mentioned a provision to provided 6 months time for the current practice to continue after that all market transaction to be done through their system...so in the long run, all the investors will mandatory need to open a demat ac to participate in secondary market..

You have to have an account, otherwise where will you get your bought dematerialized shares deposited. They are only numbers as you deposit money in bank. Nothing physical.

It would be great to get the shares transferred within 3 days as they have promised.

Does this mean even small investors like me will have to pay to get an account? What will happen if the investor wants to buy but doesn't have an account?

Anyone have any ideas?

its high time to get this issue resolve...hope the CDSC work will finally get some momentum and clearing mechanism will be much more effective..hope for the best

Does it mean that now brokers will open clearing account at CDS??

CDSC, brokers resolve collateral dispute.