Personal finance queries responded by industry & subject-matter experts.
Sunil, email@example.com, Pune: What is off market Trade. How it works?
The person who sells the shares is known as the transferor, and an individual who receives or buys the shares is called transferee.
Putting it merely, off-market trading is a way of transferring shares to a second party through the off-market route. It is a way to transfer the ownership of shares owned by one individual to another. The taxes on the off-market trading generally depend upon the period for which they are held.