: +91-80-40204020 Call-n-Trade : +91-80-26086600
The trades of clients shall be carried out in the respective client code only. The dealers shall take utmost care while executing the trades of the clients regarding the accuracy of Client Code, Quantity and Price, etc. Product Types under which Orders are to be placed:
CNC (Cash And Carry): if you want to buy for Delivery (buy stock and hold them overnight) in CM segment, you will have to place your orders under product type “CNC”.
NRML (Normal): if you wish to carry forward positions to the next trading day, you will have to place your orders under product type “NRML”.
MIS (Margin Intraday Square off): If you wish to trade for intraday purpose in any Exchange and segment, you will have to place your orders under product type “MIS”.
Cover order is like any other market order but placed with a compulsory stop loss. The initial order whether a buy or sell is always a market order. It’s very useful for intraday trader because of the higher intraday leverage along with risk management by having compulsory stop loss.
Bracket orders are designed to help limit your loss and lock in a profit by "bracketing" an order with two opposite-side orders. A BUY order is bracketed by a higher-side sell limit order and a lower-side sell stop loss order. A SELL order is bracketed by a higher-side buy stop loss order and a lower side buy limit order. Cover order & Bracket Order are intraday product so the system will automatically square them before 15 min of market closing time.
Tradejini does not engage in the business of Client Funding. Clients are required to have sufficient balance in their accounts to hold/carry forward positions.
Tradejini has a policy of giving 4 to 10 times leverage for stocks on which F&O trading is allowed. All margins are given only for trading Intraday. No margin is given for delivery trades. The client needs to have enough money in his trading account to take delivery .
For Futures, Tradejini lets client to take positions for Intraday with 40% of the SPAN+Exposure Margins. On days when Tradejini feels the volatility is on the higher side the margins can be raised up to 100% of SPAN+Exposure Margins. To hold positions overnight full SPAN and Exposure margins is required. No margin is provided for buying Options.Equity-Cash, Equity-Futures, Equity-Options, Currency Futures and Commodity Futures
Margin Benefit for intraday trades 4 – 10 times i.e., 10% to 25% of Full Value of Position 40% of Exchange prescribed margin None for buying. For Sell same as Futures 50% of Exchange prescribed 50% of Exchange prescribed margin
Intraday Margin Time (MIS , CO and BO) 9:15 to 15 min before market closes 9:15 to 15 min before market closes 9:15 to 15 min before market closes 9:00 to 15 min before market closes 10:00 to 15 min before market closes
|Margin Benefit for intraday trades||4 – 10 times i.e., 10% to 25% of Full Value of Position||40% of Exchange prescribed margin||None for buying. For Sell same as Futures||50% of Exchange prescribed||50% of Exchange prescribed margin|
|Intraday Margin Time (MIS , CO and BO)||9:15 to 15 min before market closes||9:15 to 15 min before market closes||9:15 to 15 min before market closes||9:00 to 15 min before market closes||10:00 to 15 min before market closes|
Tradejini offers multiple Funds Transfer options to suit the various customer needs and convenience. Broadly the customer will encounter two types of fund movement as they operate their trading account.
Tradejini gives margin to its clients for the securities held by the client in their demat account. The way it works is, the shares will have to be moved from your beneficiary account to Tradejini Margin beneficiary account through an Off- Market transfer which you have to initiate and these stocks would be moved to margin account. Tradejini would then provide you margins against these shares after considering NSE VaR margins and your limit would be enhanced on your trading platform. Whenever you wish do not receive these margins, you can just send us a request to withdraw the securities held in Tradejini Margin account and we would in turn move them to your beneficiary account.
Please note that at all times you would continue to remain the owner of the securities that you have transferred and hence would be eligible for all corporate benefits, whatsoever. Such corporate benefits would be passed on to you. Every broker does this as a value-added service and not necessarily as a money making process. We understand that not all clients can bring in cash to trade and since securities are assets, we could give margin against such assets for the client to trade.
However, there are some rules regarding the same which is explained below: To avail Margin facility on your holdings, you would need to transfer the shares from your DP to our beneficiary account. As soon as the shares are transferred, you'll get margin against those shares after the exchange prescribed haircut. For example, if you have stocks worth Rs.100,000 in your account and if the exchange prescribed haircut is 30%, then the actual cash value of your stocks will be Rs. 70000. However, if you want to utilize this Rs.70000 as cash in your trading account, you need to have at least 10% of that value as actual cash in your ledger account. This means that you need to have cash of around Rs.7000 to utilize the entire margin benefit of Rs.70000 against your stocks.
To define procedures to ensure that no unauthorized trades are done in any INACTIVE client account.Background & Definition:
Client Account would be treated as INACTIVE if there is no transaction (trade) in the account for 12 Calendar months from the last trade.Checks & Balances:
Clients trading in F&O segments have to update their financial status by providing one of the below listed documents.
Whenever there is request for trade in INACTIVE account, the client must specifically provide in writing either thru his registered Email ID or thru a Letter requesting to reactivate the INACTIVE account. The back office executive should also confirm from the Client of any changes in details provided by him in the interim – which should be supported by adequate duly attested documents and the same to be updated in the back office and UCC before the Client is allowed to trade. Once the account is identified as INACTIVE, any Funds/Securities lying in our account will be returned to the client
If the aggregate value of pre-funded instruments is Rs. 50,000/- or more from client per day per client, we may accept the instruments only if the same are accompanied by the name of the bank account holder and number of the bank account debited for the purpose, duly certified by the issuing bank. And the mode of certification may include the following either:
We do not provide any kinds of tips and unauthenticated news circular to our clients, nor allowed any of our employees to circulated unauthenticated news.
We even do not permit any of our employees to indulge in daily trading activities.
We are very particular to enter the orders as per the instruction of our clients.
Many a times client asks to us about our opinion on market movement & Market forecast but we have instructed all our employees to refrain from giving any kind of stock specific market forecast.
The Compliance Officer shall be the designated officer for handling the Investors Grievances and Client Complaints. The email ID on which you can write in case you have any grievance is email@example.com. The resolution of the Complaint shall be done at the earliest and the same shall be recorded in the register along with the date of resolution.
1.Objective: To frame the guidelines for modification to client codes post trade execution and reporting of such Client Code Modifications.
2.Brief about Client Code Modification:Client Code Modification means modification / change of the client codes after execution of trades. Stock Exchanges provide a facility to modify any client code after the trade has been executed to rectify any error or wrong data entry done by the dealers at the time of punching orders. However, such Client Code modification is subject to certain guidelines as to the time limit within which the client code modification is to be carried out, terminal / system on which such modifications can be done etc. The facility is mainly to provide a system for modification of client codes in case genuine errors in punching / placing the orders. It is to be used as an exception and not a routine. To prevent misuse of the facility Stock Exchanges levy penalty / fine for all non-institutional client code modifications.
3. Scope of the Policy:This policy covers all the Client Code Modifications carried out / to be carried out in any of the client accounts controlled by HO, subject to the guidelines issued by the SEBI / Stock Exchanges from time to time, in any segment of any exchange for which TFSPL is a member broker.
4.Error Trades: “Error Trades” means the trades which will be modified / to be modified / allowed, to be modified subject to guidelines of the SEBI / Stock Exchanges and this policy.
For the purpose of this Policy, only the following types of trades shall be modified / allowed to be modified:
In case of NSE (NOTE: no consistent pattern in such modifications):
In Case of BSE:
In Case of MCX-SX:
5. General Conditions:
6. Place for Client Code Modification: Any Client Code Modification shall, subject to compliance of this policy, be carried out by RMS at HO of all the Error Trades happened in Capital Market Segment of NSE, BSE and MCX-SX.
7. Penalty: The penalty or fine, if any, levied on TFSPL for any wrong trade occurred due to any miscommunication from the client / authorized representative of the client shall be borne by the client.
1. The modification to the client code is to be done only in exceptional cases and not as a routine one.
2. The reason for modification has to be ascertained and analyzed and genuineness is to be established and also its impact on the clients should be studied before the modification. If voice recording is in practice, the same is to be studied.
3. Normally as a principle, we are permitted to change client codes of non-institutional clients only for the following objective criteria;
4. For easy identification of error account, we register a fresh client code in the UCC database of the Exchange for the account which is classified as error account.
5. We will inform the Exchange, by end of day, the reasons for modification of client codes of non-institutional trades based on the aforesaid objective criteria.
6. Therefore it is imperative that the issue should be reported to the senior level Manager/Director and only with his approval, the modification should be carried after being satisfied that it is genuine, the same is required to be done to protect the interests of the client.
7. Hence the facility to modify the client codes should be available only at the Corporate Manager level and should not be given to the branches/franchise/sub-brokers.
8. Training program should be conducted to all the Dealers and they should be explained how code modifications can be misused and what steps should be taken to avoid the same. It also should be explained that code modifications should not be encouraged to the clients except for cases like ‘punching errors’/’typing errors’.
Policy for Call and Trade: Customers can place order by Calling customer care / helpdesk if he/she does not have access to internet or other similar reasons.
Validation of the Client while accepting Order: The client will be asked to answer one or two questions from his / her personal profile to check the validation of the client while accepting the order. If the client answered correctly then Team will accept the request and place the order in to the system or the request will be rejected.
Charges for Call & Trade / Offline Trade:
Vasavi Square, 2nd Floor, No.75/757, 10th Main Road, 4th Block, Jayanagar, Bangalore - 560011.Contact No : +91-80-40204020
Suvas,No 4, Shankarmutt Road, 3rd Cross, Shankarpuram, Bangalore - 560004.
223, Vijay Enclave, 2nd Floor, TV Swamy Road East, R.S. Puram, Coimbatore, Tamil Nadu - 641002.
SEBI REGISTRATION NO.: INZ000160938
(NSE: CM-FO-CD | BSE: CM-FO-CD | MCX: FO | MSEI: CM-FO-CD)
CDSL Depository Participant: IN-DP-CDSL-681-2013
Mutual Fund ARN : 87156
Please ensure you carefully read the Risk Disclosure Documents as prescribed by SEBI.
For any complaints email at complaints @ tradejini.com.
"Prevent Unauthorized Transactions in your trading/demat account Update your Mobile Number/Email IDs with your Stock brokers/Depository Participant.Receive alerts/information of your transactions on your Registered Mobile/Email for all debit and other important transactions in your trading/demat account directly from Exchange/CDSL on the same day."
"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."
No need to issue cheques by investors while subscribing to IPO.Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment.No worry for refund as the money remains in investor's account.
This is to inform you as per Rules, Regulations and Bye-laws of Multi Commodity Exchange of India Ltd (MCX),that we do client based trading and proprietary trading.