Angel One - Share Market Trading and Stock Broking
Skip to main content
Trading Terms

Electronic Data Interchange (EDI)

Electronic Data Interchange (EDI) is the process of electronically exchanging business documents between trading partners. This includes documents such as purchase orders, invoices, and booking instructions. EDI follows a standardized format, such as EDIFACT, to ensure seamless communication between systems. As technology continues to advance, EDI has become an essential tool for businesses to streamline their operations and improve efficiency. By eliminating the need for manual data entry and paper-based processes, EDI allows for faster and more accurate communication, ultimately leading to cost savings and improved productivity.

Related terms

Date draft

Understand the meaning and definition of Date draft in the context of stock market, trading, and investments.

MORE
Gap

Understand the meaning and definition of Gap in the context of stock market, trading, and investments.

MORE
Draft

Understand the meaning and definition of Draft in the context of stock market, trading, and investments.

MORE
Hook Day

Understand the meaning and definition of Hook Day in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store