Stock Trading FAQ, frequently asked questions in stock market- Indira Securities

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T+5 debit square off policy

Normal follow up for debit clearing will be done as usual with dealers/subbrokers.
Two days before the day on which square off will take place, a SMS will be sent to the clients after 5.00pm.
The contents of the SMwill be: Dear ~name of client~(~Client Code~) is in continuous debit for 5 days (or more). As per SEBI norms exposure beyond T+7 days cannot be allowed. For uninterrupted trading services we request you to clear the debit amount either by square off the position, or by paying debit amount at the earliest. Current ledger balance …..Dr and holding value : Rs ……
On square off day position will be checked at 1.00pm again for received fund / delivery sold.
Stock selling will not be done for those clients who clears the debit by entering the cheque or by selling the stock themselves under intimation to RMS. In case client fails to intimate to the RMS, there may be chances of double selling of the stock.
Where debit is not cleared, by way as mention in point no 5, those cases will be squared off by system.
The square off by system will start after 2.00 pm.
After selling the stock an automatic SMS will be sent to the client through system.

Handling of Stock options at Expiry

1. Normal trading will be allowed in Stock options up to 3 days before expiry.
Before 3 days of expiry current expiry stock options will be blocked.
From then new position will not be allowed in current expiry stock options.
The existing position holder can square off their outstanding position.
RMS department will call for margin on such outstanding stock options.
Client will have option to either deposit the margin or square off the position.
It will be the responsibility of client to deposit the required margin.
In case required margin is not deposited, RMS department may square off the position without any notice.
On expiry day at 1.00 PM RMS department will square off all current month stock option of those clients who have not deposited required margin.

ATTENTION INVESTORS
KYC
CDSL

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

6. Risk disclosures RISK DISCLOSURES ON DERIVATIVES:

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to ₹ 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost

Dear Investor,
As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.
https://www.bseipf.com/investors_education.html
We believe that an educated investor is a protected investor !!!

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."

"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

Dear Investor if you wish to revoke your un-executed eDis mandate, please mail us with ISIN and quantity on dp@indiratrade.com by today EOD."

REGISTRATION NOS:

INDIRA SECURITIES PRIVATE LIMITED (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN: U67120MH1996PTC160201, RA SEBI REG. No.: INH000023269

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Vimalesh Ajmera. Email: compliance@indiratrade.com. Call : 0731-4797275

Investor grievance complaint : complaint@indiratrade.com

INVESTOR CHARTER

For Voluntary Freezing/Blocking of Trading Account you can mail us at stoptrade@indiratrade.com or call us at 9109937435.