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What is a contract note ?
A contract note is an official record summarizing all trades conducted on a specific day, serving as legal proof for transactions in both offline and online trading. When we talk about a contract note at Tradejini, it encompasses several key details:
Order Details:
The order number and the quantity of the trade executed.
Trade Execution Information:
The Exchange Trade number, order time and the execution time of the trade.
Security Information:
The name and symbol of the traded security.
Action Type:
Specifies whether the action involves selling or buying shares/assets.
Trade Type:
Indicates the nature of the trade, distinguishing between intraday or delivery.
Price and Quantity:
Includes the price of the trade along with the quantity traded.
Charges Incurred:
Outlines any charges applied, such as brokerage fees and other relevant charges.
Net Amount:
Displays the net amount resulting from the trade, indicating whether it is payable or receivable.
In essence, a contract note provides a comprehensive snapshot of your trading activities for the day.
For more information, feel free to connect with our support team by writing to us at help@tradejini.com
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