Physical shares Curiousity

Curious question?

How physical shares were issued in olden days.
1.Did one one have open trading account to buy shares ? or someone else can buy it for you?
2.Did they accept cash or only cheque?

Through Share Certificates.

Brokers can buy it for you through their trading account.

There is a circle of brokers in every city so i think both means are acceptable.

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An old video from the BSE archives on how stock markets used to work back in the day.

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