Tarniwala and dealer in non-cleared securities, Finance Basics

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Tarniwala and Dealer in Non-cleared Securities

Tarniwala: He/she is a specialist or jobber in selected shares. He/she makes market i.e. provide continuity to dealings. They specialize in stocks that are traded inactively.

Dealer in Non-cleared Securities: He/she deals in securities which aren't on the active list.

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