Indian Economy & Policy | December 06

  QWhat is Back-Office Code and Trading Code ?

Ans.Back-Office Code:- is useful when you are approaching with our Office for any matter other than Trading.
Trading Code:- is useful for any activity related to trade like; when you call our dealing desk to place order / when you are logging to online trading portals etc.
Note: Applicable only for Capital & Commodities Account.  These information are available on the welcome letter issued at the time of account opening.

  QWhat is Client ID and Client DP ?

Ans.Client ID:- is the identification code of your Depository Account.  In general Client ID length is 16 including the DP ID.Format of Client ID - INxxxxxx xxxxxxxx.  First 8 letters implies the DP's id for eg. Inditrade Capital Ltd., Geojit, India Bulls etc. Next 8 letters implies the Client Demat Account
Client DP:- is the identification code of the Depository Participant like Inditrade Capital Ltd., Geojit, India Bulls etc.

QWhat is Offline Trading & Online Trading ?

Ans.Offline Trading:- in this method client approaches the associated Branch / Sub broker to for the execution of orders.  The mode of communication can be walk in / telephone / Chat / Mail.
Online Trading:- in this method client is given the access to online trading portals for the execution of orders.  Online portals are capable of handling instant fund transfers & back office access. 

QWhat are the Online trading platforms available for clients ?

Ans.Inditrade offers their online trading services with brand & they provides two kind of platforms.
Web based Application:- As the name indicating this is the portal which can be accessable from anywhere via internet.  People who are roaming around can use this platform.
Stand alone Application:- A software is required to be installed in the system.  HNI clients can use this system with faster performance.

 QWhat is PTN ?

Ans.Asper SEBI 2factor authentication is mandatory for online clients.  Personal Token Number (PTN) prompted after the user logged in using their login password.

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Attention Investors
"Prevent Unauthorized Transactions in your demat Account/Trading account -->" Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day" "Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day...................... issued in the interest of investors "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." "As per ASBA Policy, 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 worries for refund as the money remains in investor's account" " Demat Account AMC Charges & other transaction charges once paid which are nonrefundable other than during account closure, subject to regulatory compliance."

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