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Client Code ________________________ BO ID
________________________
Client Name PRADEEP SHARMA
Branch Code ________________________ Branch Name
________________________
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INSTRUCTIONS/CHECK LIST FOR FILLING KYC FORM
A. IMPORTANT POINTS:
1. Self attested copy of PAN card is mandatory for all clients,
including Promoters/Partners /Karta/Trusteesand whole time
directors and persons authorized to deal in securities on behalf of
company/firm/others.
2. Copies of all the documents submitted by the applicant should
be self-attested and accompanied byoriginals for verification. In
case the original of any document is not produced for verification,
then thecopies should be properlyattested by entities authorized
for attesting the documents, as per the belowmentioned list.
3. If any proof of identity or address is in a foreign language,
then translation into English is required.4. Name & address of
the applicant mentioned on the KYC form, should match with the
documentary proof
submitted.5. If correspondence & permanent address are
different, then proofs for both have to be submitted.6. Sole
proprietor must make the application in his individual name &
capacity.7. For non-residents and foreign nationals, (allowed to
trade subject to RBI and FEMA guidelines), copy of
passport/PIO Card/OCI Card and overseas address proof is
mandatory.8. For foreign entities, CIN is optional; and in the
absence of DIN no. for the directors, their passport copy
should be given.9. In case of Merchant Navy NRI's, Mariner's
declaration or certified copy of CDC (Continuous Discharge
Certificate) is to be submitted.10. For opening an account with
Depository participant or Mutual Fund, for a minor, photocopy of
the School
Leaving Certificate/Mark sheet issued by Higher Secondary
Board/Passport of Minor/Birth Certificatemust be provided.
11. Politically Exposed Persons (PEP) are defined as individuals
who are or have been entrusted withprominent public functions in a
foreign country, e.g., Heads of States or of Governments,
seniorpoliticians, senior Government/judicial/ military officers,
senior executives of state owned corporations,important political
party officials, etc.
B. Proof of Identity (POI): List of documents admissible as
Proof of Identity:
1. Unique Identification Number (UID) (Aadhaar)/ Passport/ Voter
ID card/ Driving license.2. PAN card with photograph.3. Identity
card/ document with applicant's Photo, issued by any of the
following: Central/State Government
and its Departments, Statutory/Regulatory Authorities, Public
Sector Undertakings, ScheduledCommercial Banks, Public
FinancialInstitutions, Colleges affiliated to Universities,
Professional Bodies suchas ICAI, ICWAI, ICSI, Bar Council etc., to
their Members; and Credit cards/Debit cards issued by Banks.
C. Proof of Address (POA): - List of documents admissible as
Proof of Address:
(*Documents having an expiry date should be valid on the date of
submission.)
1. Passport/ Voters Identity Card/ Ration Card/ Registered Lease
or Sale Agreement of Residence/ DrivingLicense/ Flat Maintenance
bill/ Insurance Copy.
2. Utility bills like Telephone Bill (only land line),
Electricity bill or Gas bill - Not more than 3 months old.3. Bank
Account Statement/Passbook -- Not more than 3 months old.4.
Self-declaration by High Court and Supreme Court judges, giving the
new address in respect of their own
accounts.5. Proof of address issued by any of the following:
Bank Managers of Scheduled Commercial
Banks/Scheduled Co-Operative Bank/Multinational Foreign Banks/
Gazetted Officer/Notary.public/Elected representatives to the
Legislative Assembly/Parliament/Documents issued by any Govt.
orStatutory Authority.
6. Identity card/ document with address, issued by any of the
following: Central/State Government and itsDepartments,
Statutory/Regulatory Authorities, Public Sector Undertakings,
Scheduled CommercialBanks, Public Financial Institutions,Colleges
affiliated to Universities and Professional Bodies such asICAI,
ICWAI, ICSI, Bar Council etc., to their Members.
7. For FII/sub account, Power of Attorney given by
FII/sub-account to the Custodians (which are dulynotarized and/or
apostiled or consularised) that gives the registered address should
be taken.
8. The proof of address in the name of the spouse may be
accepted.
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D. Exemptions/clarifications to PAN
(Sufficient documentary evidence in support of such claims to be
collected.)
1. In case of transactions undertaken on behalf of Central
Government and/or State Government and byofficials appointed by
Courts e.g. Official liquidator, Court receiver etc.
2. Investors residing in the state of Sikkim.3. UN
entities/multilateral agencies exempt from Pay-ing taxes/filing tax
returns in India.4. SIP of Mutual Funds upto Rs 50, 000/- p.a.5. In
case of institutional clients, namely, FIIs, MFs, VCFs, FVCIs,
Scheduled Commercial Banks, Multilateral
and Bilateral Development Financial Institutions, State
Industrial Development Corporations, InsuranceCompanies registered
with IRDA and Public Financial Institution as defined under section
4A of theCompanies Act, 1956, Custodians shall verify the PAN card
details with the original PAN card and provideduly certified copies
of such verified PAN details to the intermediary.
E. List of people authorized to attest the documents:
1. Notary Public, Gazetted Officer, Manager of a Scheduled
Commercial/ Co-operative Bank or MultinationalForeign Banks (Name,
Designation & Seal should be affixed on the copy).
2. In case of NRIs, authorized officials of overseas branches of
Scheduled Commercial Banks registered inIndia, Notary Public, Court
Magistrate, Judge, Indian Embassy /Consulate General in the country
wherethe client resides are permitted to attest the documents
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F. In case of Non-Individuals, additional documents to be
obtained from non-individuals, over &above the POI & POA,
as mentioned below:
Types of Entity Documentary requirements
Corporate
Copy of the balance sheets for the last 2 financial years (to be
submitted every year).Copy of latest share holding pattern
including list of all those holding control, eitherdirectly or
indirectly, in the company in terms of SEBI takeover Regulations,
dulycertified by the company secretary/Whole time director/MD (to
be submitted everyyear).Photograph, POI, POA, PAN and DIN numbers
of whole time directors/two directors incharge of day to day
operations.Photograph, POI, POA, PAN of individual promoters
holding control - either directly orindirectly.Copies of the
Memorandum and Articles of Association and certificate of
incorporation.Copy of the Board Resolution for investment in
securities market.Authorised signatories list with specimen
signatures.
Partnership Firm
Copy of the balance sheets for the last 2 financialyears (to be
submitted every year)Copy of partnership deed.Photograph, POI, POA,
PAN of Partners.
Certificate of registration (forregistered partnership
firmsonly).Authorised signatories list withspecimen signatures.
Trust
Copy of the balance sheets for the last 2 financialyears (to be
submitted every year)Copy of Trust deed.Photograph, POI, POA, PAN
of Trustees.
Certificate of registration (forregistered trust only).List of
trustees certified bymanaging trustees/CA.
HUF
PAN of HUF.Bank pass-book/bank statement in the name ofHUF.
Deed of declaration of HUF/ Listof coparceners.Photograph, POI,
POA, PAN ofKarta.
Unincorporatedassociation or abody of individuals
Proof of Existence/Constitution document.Resolution of the
managing body & Power of Attorney granted to transact business
onits behalf.Authorized signatories list with specimen
signatures.
Banks/InstitutionalInvestors
Copy of the constitution/registration or annual report/balance
sheet for the last 2financial years.Authorized signatories list
with specimen signatures.
Foreign institutionalInvestors (FII) Army/Government Bodies
Copy of SEBI registration certificate.Authorized signatories
list with specimen signaturesSelf-certification on
letterhead.Authorized signatories list with specimen signatures
Registered Society
Copy of Registration Certificate under SocietiesRegistration
Act.Committee resolution for persons authorised to actas authorised
signatories with specimen signatures.
List of Managing Committeemembers.True copy of Society Rules
andBye Laws certified by the
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INSTRUCTIONS/ CHECK LIST (for filling additional information
related to trading
1. Additional documents in case of trading in derivatives
segments - illustrative list:Copy of ITR Acknowledgement Copy of
Annual Accounts
In case of salary income - Salary Slip, Copy of Form 16 Net
worth certificate
Copy of demat account holding statement. Bank account statement
for last 6 months
Any other relevant documents substantiating ownership
ofassets.
Self declaration with relevant supportingdocuments.
*In respect of other clients, documents as per risk management
policy of the stock broker need to be provided by theclient from
time to time.
2. Copy of cancelled cheque leaf/ pass book/bankstatement
specifying name of the constituent,MICR Code or/and IFSC Code of
the bank should besubmitted.
3. Demat master or recent holding statement issuedby DP bearing
name of the client.
4. For individuals:a. Stock broker has an option of doing
'in-person'
verification through web camera at the branchoffice of the stock
broker/sub-broker's office.
b. b. In case of non-resident clients, employees atthe stock
broker's local office, overseas can doin-person'
verification. Further, considering the infeasibility ofcarrying
out 'In-person' verification of the non-residentclients by the
stock broker's staff, attestation of KYCdocuments by Notary Public,
Court, Magistrate, Judge,Local banker Indian Embassy / Consulate
General in thecountry where the client resides may be
permitted.
5. For non-individuals:a. Form need to be initialized by all the
authorized
signatories.b. Copy of Board Resolution or declaration (on
the
letterhead) naming the persons authorized to deal insecurities
on behalf of company/firm/others and theirspecimen signatures.
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__________________
1 __________________
2 __________________
__________________
3 __________________
To,
Trustline Securities Ltd.Corp. Office: Trustline Tower, B-3,
Sector-3, Noida-201301Tel.: +91-120-4663333, 4663300 Fax:
+91-120-4663388
IN PERSON VERIFICATION
Name of Employee _______________
Employee Code ____________ Signautre of Employee
Branch Office Code _______________ Date _______________ Place
______________
Name of Client PRADEEP SHARMA Signature of Client
Mode of Trading (Please tick any one & Sign below)
1. Internet Base Trading (Online) (Rs 200/-+DP AMC as
applicable)Signature of Client
2. Non Internet Base Trading(Offline) (NIL+DP AMC as
applicable)
INTRODUCER'S DETAIL
Introduction : Introduced by another constituent/director or
employee or trading member/anyother person (please specify)
Name of Introducer : SARVESH PRIYA SRIVASTAVA
Address of Introducer* : 91,2ND FLOOR AMBEDKAR ROAD
City : GHAZIABAD Pin Code : 201001
Contact No. of the Introducer : 9811953358
Signature of Introducer :
Identity Proof Submitted* : ______________ Identity No.
______________ Validity: ____________
I hereby declare that all the details furnished above are true
and correct to thebest of my knowledge and belief and I undertake
to inform you of any changes therein immediately. In caseany of the
above information is found to be false or untrueor misleading or
misrepresenting I am aware that I may be held liable for it
*Note: Please attach self attested copy of Identity Proof and
Address Proof of the Introducer.
(Relationship Manager/Remisier's Details)
Name & Designation ofRM/Remisier
: ________________________ Client Name : PRADEEP SHARMA
who interviewed the client : ________________________
Employee Code/RemisierCode
: KA01331 Client'sSignature
:
Signature of RM/Remisier : ________________________ Dated :
________________________
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Name of Stock Broker/Trading Member/Clearing Member:
Trustline Securities Ltd.
EXCHANGE NAME SEGMENT SEBI REGISTRATION NO. DATE
NSE Cash INB230753634 26/07/1995NSE F&O INF230753634
23/05/2000NSE Currency INE230753634 25/08/2008
BSE Cash INB010753631 30/09/2004BSE F&O INF010753631
08/05/2007
BSE Currency INE010753631 29/11/2013MCX-SX Currency Derivatives
INE260753634 13/07/2009
USE Currency Derivatives INE270753634 01/04/2010
Registered Office Address
C-633, New Friends Colony, New Delhi-110025 | Phone:
+91-11-26832111Email : [email protected] | Website :
www.trustline.in
Corporate Office
Trustline Tower, B-3, Sector-3, Noida-201301 Phone:
+91-120-4663333, 4663300 | Fax +91-120-4663388
Compliance Officer Details :
Name : Surabhi Sangal
Phone No. : +91-120-4663333
E-mail Id : [email protected]
CEO Details
Name : Dr. Mukesh Kansal
Phone No. : +91-120-4663333
E-mail Id : [email protected]
For any grievance/dispute please contact Trustline Securities
Ltd. at the above address or email id:[email protected] and
Phone No. +91-120-4663333. In case not satisfied with the response,
please contact theconcerned exchange(s) at :
Exchange Name E-mail ID Phone No.National Stock Exchange of
India Ltd. [email protected] 1800-2200-58Bombay Stock Exchange Ltd.
[email protected] 022-22728097MCX Stock Exchange Ltd.
[email protected] 022-67319000 Ext. 8883United Stock
Exchange Ltd. [email protected] 022-42444999CDSL
[email protected] 022-22723333
You can also lodge your grievances with SEBI at http://
scores.gov.in
For any queries, feedback or assistance, please contact SEBI
office or toll free Helpline at 1800-22-7575 /1800-266-7575
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SOLE/FIRST HOLDER
4 __________________
FOR OFFICE USE ONLY
1
KNOW YOUR CLIENT (KYC)
Application Form (For Individuals Only) Applicaiton No.
TRUSTLINE SECURITIES LTD.SEBI Regn. : NSE Cash-INB/F/E230753634,
BSE Cash-INB/F010753631, MCX-SX-INE260753634, USE-INE270753634,
IN-DP-CDSL-154-2001
Regd. Office : C-633, New Friends Colony, New Delhi-110025 Email
: [email protected] Website : www.trustline.in
Corporate Office : Trustline Tower, B-3, Sector-3, Noida-201301
Phone: +91-120-4663333, 4663300 Fax +91-120-4663388
Please fill in ENGLISH and in BLOCK LETTERS with black ink
A. IDENTITY DETAILS (please see guidelines overleaf)
1. Name of Applicant (As appearing in supporting identification
document).
Name PRADEEP SHARMA
2. Father's/Spouse Name. NETRAPAL SHARMA
3. A.Gender MALE B. Marital Status MARRIED C.Date of Birth
08-08-1981
4. A. Nationality INDIAN
B. Status (Please tick)
5. A. PAN FMLPS6981L Please enclose a duly attested copy of your
PAN Card
B. Aadhaar Number,if any
6. Specify the proof of identity submitted
(Please see guideline 'D' overleaf)
B. Address Details (please see guidelines overleaf)1.Residence
Address :
192,DHOOM MANIKPUR,DHOOM MANIKPURR,TEHSIL-DADRI
City/Town/Village GAUTAM BUDH NAGAR Pin Code 203207
State UTTAR PRADESH Country INDIA2.Contact Details Tel. (Off.)
Tel.(Res.)
Mobile 9350781187 Fax E-mail Id : (in BLOCK LETTER)
[email protected]
3.Proof of address to be provided by Applicant.
Passport Ratio Card Registered Lease/Sale Agreement of Residence
Driving License Voter Identity Card Latest Bank A/c
Statement/Passbook
Latest Telephone Bill(only Landline) Latest Electricity Bill
Latest Gas bill Others______________
* Not more than 3 Months old.Validity/Expiry date of proof of
address submitted
4.Permanent Address of Resident Applicant if different from
above B 1 OR Overseas Address (Mandatory) forNon-Resident
Application
192,DHOOM MANIKPUR,DHOOM MANIKPURR,TEHSIL-DADRI
City/Town/Village GAUTAM BUDH NAGAR Pin Code 203207
State UTTAR PRADESH Country INDIA5.Proof of address to be
provided by Applicant.
Passport Ratio Card Registered Lease/Sale Agreement of Residence
Driving License Voter Identity Card Latest Bank A/c
Statement/Passbook
Latest Telephone Bill(only Landline) Latest Electricity Bill
Latest Gas bill Others______________
* Not more than 3 Months old.Validity/Expiry date of proof of
address submitted
DECLARATION SIGNATURE OF APPLICANT
I hereby dec lare that the details furnished above are true and
correc t to the bes t of my/our knowledge and beliefand I undertake
to inform you
of any changes therein, immediately. In case any of the above
information is foundto be false or untrue or mis leading or mis
representing, I
am/we are aware that I /we may be held liable for it.
Place GHAZIABAD Date 15-04-2015
A MC /Intermediary name or code
TRUSTLINE SECURITIES LTD
(O riginal V erified) Self C ertified Document copies
received
(A ttes ted) T rue copies of document received Main
Intermediary
DOCUMENTS VERIFICATIONStaff Name
Des ignation
Name of the O rganization
Signature
Date
IN-PERSON VERIFICATIONStaff Name
Des ignation
Name of the O rganization
Signature
Date
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INSTRUCTIONS/CHECK LIST FOR FILLING KYC FORM
A. IMPORTANT POINTS:
1. Self attested copy of PAN card is mandatory for all clients,
including Promoters/Partners /Karta/Trusteesand whole time
directors and persons authorized to deal in securities on behalf of
company/firm/others.
2. Copies of all the documents submitted by the applicant should
be self-attested and accompanied byoriginals for verification. In
case the original of any document is not produced for verification,
then thecopies should be properlyattested by entities authorized
for attesting the documents, as per the belowmentioned list.
3. If any proof of identity or address is in a foreign language,
then translation into English is required.4. Name & address of
the applicant mentioned on the KYC form, should match with the
documentary proof
submitted.5. If correspondence & permanent address are
different, then proofs for both have to be submitted.6. Sole
proprietor must make the application in his individual name &
capacity.7. For non-residents and foreign nationals, (allowed to
trade subject to RBI and FEMA guidelines), copy of
passport/PIO Card/OCI Card and overseas address proof is
mandatory.8. For foreign entities, CIN is optional; and in the
absence of DIN no. for the directors, their passport copy
should be given.9. In case of Merchant Navy NRI's, Mariner's
declaration or certified copy of CDC (Continuous Discharge
Certificate) is to be submitted.10. For opening an account with
Depository participant or Mutual Fund, for a minor, photocopy of
the School
Leaving Certificate/Mark sheet issued by Higher Secondary
Board/Passport of Minor/Birth Certificatemust be provided.
11. Politically Exposed Persons (PEP) are defined as individuals
who are or have been entrusted withprominent public functions in a
foreign country, e.g., Heads of States or of Governments,
seniorpoliticians, senior Government/judicial/ military officers,
senior executives of state owned corporations,important political
party officials, etc.
B. Proof of Identity (POI): List of documents admissible as
Proof of Identity:
1. Unique Identification Number (UID) (Aadhaar)/ Passport/ Voter
ID card/ Driving license.2. PAN card with photograph.3. Identity
card/ document with applicant's Photo, issued by any of the
following: Central/State Government
and its Departments, Statutory/Regulatory Authorities, Public
Sector Undertakings, ScheduledCommercial Banks, Public
FinancialInstitutions, Colleges affiliated to Universities,
Professional Bodies suchas ICAI, ICWAI, ICSI, Bar Council etc., to
their Members; and Credit cards/Debit cards issued by Banks.
C. Proof of Address (POA): - List of documents admissible as
Proof of Address:
(*Documents having an expiry date should be valid on the date of
submission.)
1. Passport/ Voters Identity Card/ Ration Card/ Registered Lease
or Sale Agreement of Residence/ DrivingLicense/ Flat Maintenance
bill/ Insurance Copy.
2. Utility bills like Telephone Bill (only land line),
Electricity bill or Gas bill - Not more than 3 months old.3. Bank
Account Statement/Passbook -- Not more than 3 months old.4.
Self-declaration by High Court and Supreme Court judges, giving the
new address in respect of their own
accounts.5. Proof of address issued by any of the following:
Bank Managers of Scheduled Commercial
Banks/Scheduled Co-Operative Bank/Multinational Foreign Banks/
Gazetted Officer/Notary.public/Elected representatives to the
Legislative Assembly/Parliament/Documents issued by any Govt.
orStatutory Authority.
6. Identity card/ document with address, issued by any of the
following: Central/State Government and itsDepartments,
Statutory/Regulatory Authorities, Public Sector Undertakings,
Scheduled CommercialBanks, Public Financial Institutions,Colleges
affiliated to Universities and Professional Bodies such asICAI,
ICWAI, ICSI, Bar Council etc., to their Members.
7. For FII/sub account, Power of Attorney given by
FII/sub-account to the Custodians (which are dulynotarized and/or
apostiled or consularised) that gives the registered address should
be taken.
8. The proof of address in the name of the spouse may be
accepted.
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3
D. Exemptions/clarifications to PAN
(Sufficient documentary evidence in support of such claims to be
collected.)
1. In case of transactions undertaken on behalf of Central
Government and/or State Government and byofficials appointed by
Courts e.g. Official liquidator, Court receiver etc.
2. Investors residing in the state of Sikkim.3. UN
entities/multilateral agencies exempt from Pay-ing taxes/filing tax
returns in India.4. SIP of Mutual Funds upto Rs 50, 000/- p.a.5. In
case of institutional clients, namely, FIIs, MFs, VCFs, FVCIs,
Scheduled Commercial Banks, Multilateral
and Bilateral Development Financial Institutions, State
Industrial Development Corporations, InsuranceCompanies registered
with IRDA and Public Financial Institution as defined under section
4A of theCompanies Act, 1956, Custodians shall verify the PAN card
details with the original PAN card and provideduly certified copies
of such verified PAN details to the intermediary.
E. List of people authorized to attest the documents:
1. Notary Public, Gazetted Officer, Manager of a Scheduled
Commercial/ Co-operative Bank or MultinationalForeign Banks (Name,
Designation & Seal should be affixed on the copy).
2. In case of NRIs, authorized officials of overseas branches of
Scheduled Commercial Banks registered inIndia, Notary Public, Court
Magistrate, Judge, Indian Embassy /Consulate General in the country
wherethe client resides are permitted to attest the documents
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SOLE/SECOND HOLDER
4 __________________
FOR OFFICE USE ONLY
4
KNOW YOUR CLIENT (KYC)
Application Form (For Individuals Only) Applicaiton No.
TRUSTLINE SECURITIES LTD.SEBI Regn. : NSE Cash-INB/F/E230753634,
BSE Cash-INB/F010753631, MCX-SX-INE260753634, USE-INE270753634,
IN-DP-CDSL-154-2001
Regd. Office : C-633, New Friends Colony, New Delhi-110025 Email
: [email protected] Website : www.trustline.in
Corporate Office : Trustline Tower, B-3, Sector-3, Noida-201301
Phone: +91-120-4663333, 4663300 Fax +91-120-4663388
Please fill in ENGLISH and in BLOCK LETTERS with black ink
A. IDENTITY DETAILS (please see guidelines overleaf)
1. Name of Applicant (As appearing in supporting identification
document).
Name
2. Father's/Spouse Name.
3. A.Gender B. Marital Status C.Date of Birth
4. A. Nationality
B. Status (Please tick)
5. A. PAN Please enclose a duly attested copy of your PAN
Card
B. Aadhaar Number,if any
6. Specify the proof of identity submitted
(Please see guideline 'D' overleaf)
B. Address Details (please see guidelines overleaf)1.Residence
Address :
City/Town/Village Pin Code State Country2.Contact Details
Tel. (Off.) Tel.(Res.) Mobile Fax
E-mail Id : (in BLOCK LETTER)3.Proof of address to be provided
by Applicant.
Passport Ratio Card Registered Lease/Sale Agreement of Residence
Driving License Voter Identity Card Latest Bank A/c
Statement/Passbook
Latest Telephone Bill(only Landline) Latest Electricity Bill
Latest Gas bill Others______________
* Not more than 3 Months old.Validity/Expiry date of proof of
address submitted
4.Permanent Address of Resident Applicant if different from
above B 1 OR Overseas Address (Mandatory) forNon-Resident
Application
City/Town/Village Pin Code State Country
5.Proof of address to be provided by Applicant.
Passport Ratio Card Registered Lease/Sale Agreement of Residence
Driving License Voter Identity Card Latest Bank A/c
Statement/Passbook
Latest Telephone Bill(only Landline) Latest Electricity Bill
Latest Gas bill Others______________
* Not more than 3 Months old.Validity/Expiry date of proof of
address submitted
DECLARATION SIGNATURE OF APPLICANT
I hereby dec lare that the details furnished above are true and
correc t to the bes t of my/our knowledge and beliefand I undertake
to inform you
of any changes therein, immediately. In case any of the above
information is foundto be false or untrue or mis leading or mis
representing, I
am/we are aware that I /we may be held liable for it.
Place GHAZIABAD Date 15-04-2015
A MC /Intermediary name or code
TRUSTLINE SECURITIES LTD
(O riginal V erified) Self C ertified Document copies
received
(A ttes ted) T rue copies of document received Main
Intermediary
DOCUMENTS VERIFICATIONStaff Name
Des ignation
Name of the O rganization
Signature
Date
IN-PERSON VERIFICATIONStaff Name
Des ignation
Name of the O rganization
Signature
Date
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INSTRUCTIONS/CHECK LIST FOR FILLING KYC FORM
A. IMPORTANT POINTS:
1. Self attested copy of PAN card is mandatory for all clients,
including Promoters/Partners /Karta/Trusteesand whole time
directors and persons authorized to deal in securities on behalf of
company/firm/others.
2. Copies of all the documents submitted by the applicant should
be self-attested and accompanied byoriginals for verification. In
case the original of any document is not produced for verification,
then thecopies should be properlyattested by entities authorized
for attesting the documents, as per the belowmentioned list.
3. If any proof of identity or address is in a foreign language,
then translation into English is required.4. Name & address of
the applicant mentioned on the KYC form, should match with the
documentary proof
submitted.5. If correspondence & permanent address are
different, then proofs for both have to be submitted.6. Sole
proprietor must make the application in his individual name &
capacity.7. For non-residents and foreign nationals, (allowed to
trade subject to RBI and FEMA guidelines), copy of
passport/PIO Card/OCI Card and overseas address proof is
mandatory.8. For foreign entities, CIN is optional; and in the
absence of DIN no. for the directors, their passport copy
should be given.9. In case of Merchant Navy NRI's, Mariner's
declaration or certified copy of CDC (Continuous Discharge
Certificate) is to be submitted.10. For opening an account with
Depository participant or Mutual Fund, for a minor, photocopy of
the School
Leaving Certificate/Mark sheet issued by Higher Secondary
Board/Passport of Minor/Birth Certificatemust be provided.
11. Politically Exposed Persons (PEP) are defined as individuals
who are or have been entrusted withprominent public functions in a
foreign country, e.g., Heads of States or of Governments,
seniorpoliticians, senior Government/judicial/ military officers,
senior executives of state owned corporations,important political
party officials, etc.
B. Proof of Identity (POI): List of documents admissible as
Proof of Identity:
1. Unique Identification Number (UID) (Aadhaar)/ Passport/ Voter
ID card/ Driving license.2. PAN card with photograph.3. Identity
card/ document with applicant's Photo, issued by any of the
following: Central/State Government
and its Departments, Statutory/Regulatory Authorities, Public
Sector Undertakings, ScheduledCommercial Banks, Public
FinancialInstitutions, Colleges affiliated to Universities,
Professional Bodies suchas ICAI, ICWAI, ICSI, Bar Council etc., to
their Members; and Credit cards/Debit cards issued by Banks.
C. Proof of Address (POA): - List of documents admissible as
Proof of Address:
(*Documents having an expiry date should be valid on the date of
submission.)
1. Passport/ Voters Identity Card/ Ration Card/ Registered Lease
or Sale Agreement of Residence/ DrivingLicense/ Flat Maintenance
bill/ Insurance Copy.
2. Utility bills like Telephone Bill (only land line),
Electricity bill or Gas bill - Not more than 3 months old.3. Bank
Account Statement/Passbook -- Not more than 3 months old.4.
Self-declaration by High Court and Supreme Court judges, giving the
new address in respect of their own
accounts.5. Proof of address issued by any of the following:
Bank Managers of Scheduled Commercial
Banks/Scheduled Co-Operative Bank/Multinational Foreign Banks/
Gazetted Officer/Notary.public/Elected representatives to the
Legislative Assembly/Parliament/Documents issued by any Govt.
orStatutory Authority.
6. Identity card/ document with address, issued by any of the
following: Central/State Government and itsDepartments,
Statutory/Regulatory Authorities, Public Sector Undertakings,
Scheduled CommercialBanks, Public Financial Institutions,Colleges
affiliated to Universities and Professional Bodies such asICAI,
ICWAI, ICSI, Bar Council etc., to their Members.
7. For FII/sub account, Power of Attorney given by
FII/sub-account to the Custodians (which are dulynotarized and/or
apostiled or consularised) that gives the registered address should
be taken.
8. The proof of address in the name of the spouse may be
accepted.
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D. Exemptions/clarifications to PAN
(Sufficient documentary evidence in support of such claims to be
collected.)
1. In case of transactions undertaken on behalf of Central
Government and/or State Government and byofficials appointed by
Courts e.g. Official liquidator, Court receiver etc.
2. Investors residing in the state of Sikkim.3. UN
entities/multilateral agencies exempt from Pay-ing taxes/filing tax
returns in India.4. SIP of Mutual Funds upto Rs 50, 000/- p.a.5. In
case of institutional clients, namely, FIIs, MFs, VCFs, FVCIs,
Scheduled Commercial Banks, Multilateral
and Bilateral Development Financial Institutions, State
Industrial Development Corporations, InsuranceCompanies registered
with IRDA and Public Financial Institution as defined under section
4A of theCompanies Act, 1956, Custodians shall verify the PAN card
details with the original PAN card and provideduly certified copies
of such verified PAN details to the intermediary.
E. List of people authorized to attest the documents:
1. Notary Public, Gazetted Officer, Manager of a Scheduled
Commercial/ Co-operative Bank or MultinationalForeign Banks (Name,
Designation & Seal should be affixed on the copy).
2. In case of NRIs, authorized officials of overseas branches of
Scheduled Commercial Banks registered inIndia, Notary Public, Court
Magistrate, Judge, Indian Embassy /Consulate General in the country
wherethe client resides are permitted to attest the documents
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SOLE/THIRD HOLDER
4 __________________
FOR OFFICE USE ONLY
7
KNOW YOUR CLIENT (KYC)
Application Form (For Individuals Only) Applicaiton No.
TRUSTLINE SECURITIES LTD.SEBI Regn. : NSE Cash-INB/F/E230753634,
BSE Cash-INB/F010753631, MCX-SX-INE260753634, USE-INE270753634,
IN-DP-CDSL-154-2001
Regd. Office : C-633, New Friends Colony, New Delhi-110025 Email
: [email protected] Website : www.trustline.in
Corporate Office : Trustline Tower, B-3, Sector-3, Noida-201301
Phone: +91-120-4663333, 4663300 Fax +91-120-4663388
Please fill in ENGLISH and in BLOCK LETTERS with black ink
A. IDENTITY DETAILS (please see guidelines overleaf)
1. Name of Applicant (As appearing in supporting identification
document).
Name
2. Father's/Spouse Name.
3. A.Gender B. Marital Status C.Date of Birth
4. A. Nationality
B. Status (Please tick)
5. A. PAN Please enclose a duly attested copy of your PAN
Card
B. Aadhaar Number,if any
6. Specify the proof of identity submitted
(Please see guideline 'D' overleaf)
B. Address Details (please see guidelines overleaf)1.Residence
Address :
City/Town/Village Pin Code State Country2.Contact Details Tel.
(Off.) Tel.(Res.) Mobile Fax
E-mail Id : (in BLOCK LETTER)3.Proof of address to be provided
by Applicant.
Passport Ratio Card Registered Lease/Sale Agreement of Residence
Driving License Voter Identity Card Latest Bank A/c
Statement/Passbook
Latest Telephone Bill(only Landline) Latest Electricity Bill
Latest Gas bill Others______________
* Not more than 3 Months old.Validity/Expiry date of proof of
address submitted
4.Permanent Address of Resident Applicant if different from
above B 1 OR Overseas Address (Mandatory) forNon-Resident
Application
City/Town/Village Pin Code State Country5.Proof of address to be
provided by Applicant.
Passport Ratio Card Registered Lease/Sale Agreement of Residence
Driving License Voter Identity Card Latest Bank A/c
Statement/Passbook
Latest Telephone Bill(only Landline) Latest Electricity Bill
Latest Gas bill Others______________
* Not more than 3 Months old.Validity/Expiry date of proof of
address submitted
DECLARATION SIGNATURE OF APPLICANT
I hereby dec lare that the details furnished above are true and
correc t to the bes t of my/our knowledge and beliefand I undertake
to inform you
of any changes therein, immediately. In case any of the above
information is foundto be false or untrue or mis leading or mis
representing, I
am/we are aware that I /we may be held liable for it.
Place GHAZIABAD Date 15-04-2015
A MC /Intermediary name or code
TRUSTLINE SECURITIES LTD
(O riginal V erified) Self C ertified Document copies
received
(A ttes ted) T rue copies of document received Main
Intermediary
DOCUMENTS VERIFICATIONStaff Name
Des ignation
Name of the O rganization
Signature
Date
IN-PERSON VERIFICATIONStaff Name
Des ignation
Name of the O rganization
Signature
Date
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INSTRUCTIONS/CHECK LIST FOR FILLING KYC FORM
A. IMPORTANT POINTS:
1. Self attested copy of PAN card is mandatory for all clients,
including Promoters/Partners /Karta/Trusteesand whole time
directors and persons authorized to deal in securities on behalf of
company/firm/others.
2. Copies of all the documents submitted by the applicant should
be self-attested and accompanied byoriginals for verification. In
case the original of any document is not produced for verification,
then thecopies should be properlyattested by entities authorized
for attesting the documents, as per the belowmentioned list.
3. If any proof of identity or address is in a foreign language,
then translation into English is required.4. Name & address of
the applicant mentioned on the KYC form, should match with the
documentary proof
submitted.5. If correspondence & permanent address are
different, then proofs for both have to be submitted.6. Sole
proprietor must make the application in his individual name &
capacity.7. For non-residents and foreign nationals, (allowed to
trade subject to RBI and FEMA guidelines), copy of
passport/PIO Card/OCI Card and overseas address proof is
mandatory.8. For foreign entities, CIN is optional; and in the
absence of DIN no. for the directors, their passport copy
should be given.9. In case of Merchant Navy NRI's, Mariner's
declaration or certified copy of CDC (Continuous Discharge
Certificate) is to be submitted.10. For opening an account with
Depository participant or Mutual Fund, for a minor, photocopy of
the School
Leaving Certificate/Mark sheet issued by Higher Secondary
Board/Passport of Minor/Birth Certificatemust be provided.
11. Politically Exposed Persons (PEP) are defined as individuals
who are or have been entrusted withprominent public functions in a
foreign country, e.g., Heads of States or of Governments,
seniorpoliticians, senior Government/judicial/ military officers,
senior executives of state owned corporations,important political
party officials, etc.
B. Proof of Identity (POI): List of documents admissible as
Proof of Identity:
1. Unique Identification Number (UID) (Aadhaar)/ Passport/ Voter
ID card/ Driving license.2. PAN card with photograph.3. Identity
card/ document with applicant's Photo, issued by any of the
following: Central/State Government
and its Departments, Statutory/Regulatory Authorities, Public
Sector Undertakings, ScheduledCommercial Banks, Public
FinancialInstitutions, Colleges affiliated to Universities,
Professional Bodies suchas ICAI, ICWAI, ICSI, Bar Council etc., to
their Members; and Credit cards/Debit cards issued by Banks.
C. Proof of Address (POA): - List of documents admissible as
Proof of Address:
(*Documents having an expiry date should be valid on the date of
submission.)
1. Passport/ Voters Identity Card/ Ration Card/ Registered Lease
or Sale Agreement of Residence/ DrivingLicense/ Flat Maintenance
bill/ Insurance Copy.
2. Utility bills like Telephone Bill (only land line),
Electricity bill or Gas bill - Not more than 3 months old.3. Bank
Account Statement/Passbook -- Not more than 3 months old.4.
Self-declaration by High Court and Supreme Court judges, giving the
new address in respect of their own
accounts.5. Proof of address issued by any of the following:
Bank Managers of Scheduled Commercial
Banks/Scheduled Co-Operative Bank/Multinational Foreign Banks/
Gazetted Officer/Notary.public/Elected representatives to the
Legislative Assembly/Parliament/Documents issued by any Govt.
orStatutory Authority.
6. Identity card/ document with address, issued by any of the
following: Central/State Government and itsDepartments,
Statutory/Regulatory Authorities, Public Sector Undertakings,
Scheduled CommercialBanks, Public Financial Institutions,Colleges
affiliated to Universities and Professional Bodies such asICAI,
ICWAI, ICSI, Bar Council etc., to their Members.
7. For FII/sub account, Power of Attorney given by
FII/sub-account to the Custodians (which are dulynotarized and/or
apostiled or consularised) that gives the registered address should
be taken.
8. The proof of address in the name of the spouse may be
accepted.
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9
D. Exemptions/clarifications to PAN
(Sufficient documentary evidence in support of such claims to be
collected.)
1. In case of transactions undertaken on behalf of Central
Government and/or State Government and byofficials appointed by
Courts e.g. Official liquidator, Court receiver etc.
2. Investors residing in the state of Sikkim.3. UN
entities/multilateral agencies exempt from Pay-ing taxes/filing tax
returns in India.4. SIP of Mutual Funds upto Rs 50, 000/- p.a.5. In
case of institutional clients, namely, FIIs, MFs, VCFs, FVCIs,
Scheduled Commercial Banks, Multilateral
and Bilateral Development Financial Institutions, State
Industrial Development Corporations, InsuranceCompanies registered
with IRDA and Public Financial Institution as defined under section
4A of theCompanies Act, 1956, Custodians shall verify the PAN card
details with the original PAN card and provideduly certified copies
of such verified PAN details to the intermediary.
E. List of people authorized to attest the documents:
1. Notary Public, Gazetted Officer, Manager of a Scheduled
Commercial/ Co-operative Bank or MultinationalForeign Banks (Name,
Designation & Seal should be affixed on the copy).
2. In case of NRIs, authorized officials of overseas branches of
Scheduled Commercial Banks registered inIndia, Notary Public, Court
Magistrate, Judge, Indian Embassy /Consulate General in the country
wherethe client resides are permitted to attest the documents
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__________________
__________________
__________________
__________________
__________________
10
DECLARATION BY HUF
Please fill in for a HUF
As our HUF firm wishes to open an account with you DP in the
said name __________ we beg to say that the firstsignatory to this
letter, ie __________ is the Karta of the Joint Family and other
signatories are the audit co-parceners of the said family.
We further confirm that the business of the said joint family is
carried on mainly by the said Karta as also by theother signatories
hereto in the interest and for the benefit of the entire body to
co-parceners of the joint family. Weall undertake that claims due
to the DP from the said family shall be recoverable personally from
all or any of us andalso for the entire family properties of which
the first signatories is the Karta including the share of minor
co-parceners.
In view of the fact that ours is not a firm governed by the
Indian Partnership Act of 1952, we have not got our saidfirm
registered under the said Act.
We hereby under take to inform the DP of the death or birth of a
co-parcener of any change occurring at any time inthe membership of
our joint family during the currency of the account.
S.No.
Name Date of Birth Sex Relation Signature
1.
2.
3.
4.
5.
SIGN of Karta
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11
FOR INDIVIDUAL & NON-INDIVIDUALADDITIONAL INFORMATION
RELATED TO TRADING ACCOUNT
A. BANK ACCOUNT(S) DETAILS
Bank Name Branch Address Bank Account No. Account Type MICR
Number IFSC CodeHDFC BANK PLOT NO-114,GT ROAD 09271530016575 SAVING
110240126 HDFC0000927
B. DEPOSITORY ACCOUNT(S) DETAILS
Depository Participant Name Depository Name (NSDL/CDSL)
Beneficiary Name DP ID Beneficiary ID (BO ID)
NSDL
CDSL
C. OTHER DETAILS
Gross Annual Income Details(please specify)
Income Range per annum Below Rs 1 Lac Rs 1-5 Lac Rs 5-10 Lac Rs
10-25 Lac Rs 25 Lac -1 Crore
More than Rs 1CroreNet- worth* Amount (Rs)
________________________ As on (date)________________________ (Net
worth should not be older than 1 year)
Occupation (please tick any oneand give brief details):
Private Sector Public Sector Government Service Business
Professional Agriculturist Retired Housewife Student Others
Please tick, if applicable Politically Exposed Person (PEP)
Related to a Politically Exposed Person (PEP)Any other
information
* For Individual Client 'Net-worth' is Optional, In case of
Non-Invididual client 'Net-worth' will be mandatory.C. TRADING
PREFERENCES* Please sign in the relevant boxes where you wish to
trade. The segment not chosen should be struck off by the
client.
Exchange Segments
NSE Cash
Currency Derivative F & O
BSE Cash
Currency Derivative F & O
MCX-SX Currency Derivative
USE Currency Derivative
# If, in future, the client wants to trade on any new
segment/new exchange, separate authorization/letter should betaken
from the client by the stock broker. **Currency derivative segment
include interest rate future.D. PAST ACTIONSDetails of any
action/proceedings initiated/pending/ taken by SEBI/ Stock
Exchange/any other authority against theapplicant/constituent or
its Partners/promoters/whole time directors/authorized persons in
charge of dealing insecurities during the last 3 years, give
details (attach annexure if
required)_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
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____________________
12
E. DEALINGS THROUGH SUB-BROKERS AND OTHER STOCK BROKERSIf client
is dealing through the sub-broker, provide the following
details:
Sub-broker's Name _________________SEBI Registration Number
_______________
Registered office address______________
______________ PIN Code _______________Website ________________
Phone ________________ Fax ______________Whether dealing with any
other stock broker/sub-broker (if case dealing with multiple
stockbrokers/sub-brokers, provide details of all)
______________
Name of stock broker ______________Name of Sub-Broker (if any)
_______________
Client Code _________________ Exchange _________________Details
of disputes/dues pending from/to such stock broker/sub- broker
_________________
F. ADDITIONAL DETAILS
Whether you wish to receive physical contract note or Electronic
Contract Note(ECN) (please specify)
Physical Contract Note ElectronicContract Note
I/We wish to avail facility provided by the exchange SMS Alert
E-mail Alert BothIn case of ECN / E-mail Alert Pls. Specify your
Email id [email protected] case of SMS Alert Pls. Specify
your Mobile No ________________________Whether you wish to avail of
the facility of internet trading/ wirelesstechnology (please
specify)
Yes No
Number of years of Investment/Trading Experience 0
Any other information ________________________
G. INTRODUCER DETAILS (optional)
Name of the Introducer SARVESH PRIYA SRIVASTAVAStatus of the
Introducer RELATIONSHIP MANAGERAddress of the Introducer 91,2ND
FLOOR AMBEDKAR ROAD
Phone No. of Introducer 9811953358 Signature of the
Introducer
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____________________
___________________
________________________________________
13
H. NOMINATION DETAILS (for individuals only)
I/WE WISH TO NOMINATE I/WE DO NOT WISH TO
NOMINATEName of the Nominee GEETA DEVIRelationship with
theNominee
WIFE PAN of Nominee
Date of Birth of Nominee 08-09-1982Phone No. ofNominee
9350781187
Address of the Nominee192,DHOOM MANIKPUR,TEHSILDADRI
Signature of Nominee
If Nominee is a minor, details of guardian:Name of
Guardian:Address of the Guardian:
________________________Signature of the Guardian:
Phone No. of Guardian:
Photograph ofNominee
Photograph ofGuardian (in
case of minor)
WITNESSES(Only applicable in case the account holder has made
nomination)
Name BAL BAHADUR SINGH
Signature
Address188,DHOOM,MANIKPUR,TEHSIL-DADRI
Name DILIP KUMAR
Signature
Address C-78, SUDESH PLAZA,RDC RAJNAGAR,GHAZIABAD
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5 ____________________
____________________
____________________
14Signature of the Authorised Signatory Date:
________________________ Seal/Stamp of the stock broker
DISCLOSUREDear Client, This is to inform you that we do client
based trading and pro-account trading in National Stock Exchange
ofIndia limited (NSE), MCX Stock Exchange Limited (MCX-SX) and
United Stock Exchange (USE).For, Trustline Securities
Ltd.Authorized Signatory
DECLARATION
1. I/We hereby declare that the details furnished above are true
and correct to the best of my/our knowledge andbelief and I/we
undertake to inform you of any changes therein, immediately. In
case any of the above informationis found to be false or untrue or
misleading or misrepresenting, I am/we are aware that I/we may be
held liable forit.
2. I/We confirm having read/been explained and understood the
contents of the document on policy and procedures ofthe stock
broker and the tariff sheet.
3. I/We further confirm having read and understood the contents
of the 'Rights and Obligations' document(s) and 'RiskDisclosure
Document'. I/We do hereby agree to be bound by such provisions as
outlined in these documents. I/Wehave also been informed that the
standard set of documents has been displayed for Information on
stock broker'sdesignated website, if any.
4. I/We declare that Trustline Securities Ltd. , the brokers,
has put me/us on notice that it is engaged in not onlyclient based
trading but also in pro-account trading.
Name(s) of the Authorised Signatory Signature of the Authorised
Signatory
1.
2.
3.
Date: 15-04-2015
FOR OFFICE USE ONLYUCC Code allotted to the Client:
________________________I / We undertake that we have made the
client aware of 'Policy and Procedures', tariff sheet and all the
non-mandatorydocuments. I/We have also made the client aware of
'Rights and Obligations' document (s), RDD and Guidance Note.I/We
have given/sent him a copy of all the KYC documents. I/We undertake
that any change in the 'Policy andProcedures', tariff sheet and all
the non-mandatory documents would be duly intimated to the clients.
I/We alsoundertake that any change in the 'Rights and Obligations'
and RDD would be made available on my/our website, if any,for the
information of the clients
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RIGHTS AND OBLIGATIONS OF STOCK BROKERS, SUB-BROKERS AND CLIENTS
ANNEXURE-4
15
As prescribed by SEBI and Stock Exchanges
1. The client shall invest/trade in those
securities/contracts/other instruments admitted to dealings onthe
Exchanges as definedn the Rules, Byelaws andRegulations of
Exchanges/Securities and ExchangeBoard of India (SEBI) and
circulars/notices issuedthere under from time to time.
2. The stock broker, sub-broker and the client shall bebound by
all the Rules, Byelaws and Regulations ofthe Exchange and
circulars/notices issued there underand Rules and Regulations of
SEBI and relevantnotifications of Government authorities as may be
inforce from time to time.
3. The client shall satisfy itself of the capacity of thestock
broker to deal in securities and/or deal inderivatives contracts
and wishes to execute its ordersthrough the stock broker and the
client shall from timeto time continue to satisfy itself of such
capability ofthe stock broker before executing orders through
thestock broker.
4. The stock broker shall continuously satisfy itself aboutthe
genuineness and financial soundness of the clientand investment
objectives relevant to the services tobe provided.
5. The stock broker shall take steps to make the clientaware of
the precise nature of the Stock broker'sliability for business to
be conducted, including anylimitations, the liability and the
capacity in which thestock broker acts.
6. The sub-broker shall provide necessary assistance
andcooperate with the stock broker in all its dealings withthe
client(s).
CLIENT INFORMATION
7. The client shall furnish all such details in full as
arerequired by the stock broker in "Account OpeningForm" with
supporting details, made mandatory bystock exchanges/SEBI from time
to time.
8. The client shall familiarize himself with all themandatory
provisions in the Account Openingdocuments. Any additional clauses
or documentsspecified by the stock broker shall be non-mandatory,as
per terms & conditions accepted by the client.
9. The clie shall immediately notify the stock broker inwriting
if there is any change in the information in the'account
opening
form' as provided at the time of account opening andthereafter;
including the information on winding uppetition/insolvency petition
or any litigation whichmay have material bearing on his capacity.
The clientshall provide/update the financial information to
thestock broker on a periodic basis.
10. The stock broker and sub-broker shall maintain all
thedetails of the client as mentioned in the accountopening form or
any other information pertaining tothe client, confidentially and
that they shall notdisclose the same to any person/authority except
asrequired under any law/regulatory requirements.Provided however
that the stock broker may sodisclose information about his client
to any person orauthority with the express permission of the
client.
MARGINS
11. The client shall pay applicable initial margins,withholding
margins, special margins or such othermargins as are considered
necessary by the stockbroker or the Exchange or as may be directed
by SEBIfrom time to time as applicable to the segment(s) inwhich
the client trades. The stock broker is permittedin its sole and
absolute discretion to collect additionalmargins (even though not
required by the Exchange,Clearing House/Clearing Corporation or
SEBI) and theclient shall be obliged to pay such margins within
thestipulated time.
12. The client understands that payment of margins bythe client
does not necessarily imply completesatisfaction of all dues. In
spite of consistently havingpaid margins, the client may, on the
settlement of itstrade, be obliged to pay (or entitled to receive)
suchfurther sums as the contract may dictate/require.
TRANSACTIONS AND SETTLEMENTS
13. The client shall give any order for buy or sell of
asecurity/ derivatives contract in writing or in such formor
manner, as may be mutually agreed between theclient and the stock
broker. The stock broker shallensure to place orders and execute
the trades of theclient, only in the Unique Client Code assigned to
thatclient.
14. The stock broker shall inform the client and keep
himapprised about trading/settlement cycles,delivery/payment
schedules, any changes therein fromtime to time, and it shall be
the
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16
responsibility in turn of the client to comply withsuch
schedules/procedures of the relevant stockexchange where the trade
is executed.
15. The stock broker shall ensure that themoney/securities
deposited by the client shall bekept in a separate account,
distinct from his/its ownaccount or account of any other client and
shall notbe used by the stock broker for himself/itself or forany
other client or for any purpose other than thepurposes mentioned in
Rules, Regulations, circulars,notices, guidelines of SEBI and/or
Rules,Regulations, Bye-laws, circulars and notices ofExchange.
16. Where the Exchange(s) cancels trade(s) suo motoall such
trades including the trade/s done on behalfof the client shall ipso
facto stand cancelled, stockbroker shall be entitled to cancel the
respectivecontract(s) with client(s).
17. The transactions executed on the Exchange aresubject to
Rules, Byelaws and Regulations andcirculars/notices issued
thereunder of the Exchangeswhere the trade is executed and all
parties to suchtrade shall have submitted to the jurisdiction
ofsuch court as may be specified by the Byelaws andRegulations of
the Exchanges where the trade isexecuted for the purpose of giving
effect to theprovisions of the Rules, Byelaws and Regulations ofthe
Exchanges and the circulars/ notices issuedthereunder.
BROKERAGE
18. The Client shall pay to the stock broker brokerageand
statutory levies as are prevailing from time totime and as they
apply to the Client's account,transactions and to the services that
stock brokerrenders to the Client. The stock broker shall notcharge
brokerage more than the maximum brokeragepermissible as per the
rules, regulations and bye-laws of the relevant stock exchanges
and/or rulesand regulations of SEBI.
LIQUIDATION AND CLOSE OUT OF POSITION
19. Without prejudice to the stock broker's other
rights(including the right to refer a matter to arbitration),the
client understands that the stock broker shall beentitled to
liquidate/close out all or any of theclient's positions for
non-payment of margins orother amounts, outstanding debts, etc. and
adjustthe proceeds of such liquidation/close out, if any,against
the client's liabilities/ obligations. Any andall losses and
financial charges on account of suchliquidation/closing-out shall
be charged to
and borne by the client.
20. In the event of death or insolvency of the client orhis/its
otherwise becoming incapable of receivingand paying for or
delivering or transferring securitieswhich the client has ordered
to be bought or sold,stock broker may close out the transaction of
theclient and claim losses, if any, against the estate ofthe
client. The client or his nominees, successors,heirs and assignee
shall be entitled to any surpluswhich may result there from. The
client shall notethat transfer of funds/ securities in favor of
aNominee shall be valid discharge by the stock brokeragainst the
legal heir.
21. The stock broker shall bring to the notice of therelevant
Exchange the information about default inpayment/delivery and
related aspects by a client. Incase where defaulting client is a
corporateentity/partnership/proprietary firm or any otherartificial
legal entity, then the name(s) ofDirector(s)/
Promoter(s)/Partner(s)/Proprietor as thecase may be, shall also be
communicated by thestock broker to the relevant Exchange(s).
DISPUTE RESOLUTION
22. The stock broker shall provide the client with therelevant
contact details of the concerned Exchangesand SEBI.
23. The stock broker shall co-operate in redressinggrievances of
the client in respect of all transactionsrouted through it and in
removing objections for baddelivery of shares, rectification of bad
delivery, etc.
24. The client and the stock broker shall refer any claimsand/or
disputes with respect to deposits, marginmoney, etc., to
arbitration as per the Rules, Byelawsand Regulations of the
Exchanges where the trade isexecuted and circulars/notices issued
thereunder asmay be in force from time to time.
25. The stock broker shall ensure faster settlement ofany
arbitration proceedings arising out of thetransactions entered into
between him vis--vis theclient and he shall be liable to implement
thearbitration awards made in such proceedings.
26. The client/stock-broker understands that theinstructions
issued by an authorized representativefor dispute resolution, if
any, of the client/stock-broker shall be binding on the client/
stock-broker inaccordance with the letter authorizing the
saidrepresentative to deal on behalf of the
saidclient/stock-broker.
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TERMINATION OF RELATIONSHIP
27. This relationship between the stock broker and theclient
shall be terminated; if the stock broker for anyreason ceases to be
a member of the stock exchangeincluding cessation of membership by
reason of thestock broker's default, death, resignation orexpulsion
or if the certificate is cancelled by theBoard.
28. The stock broker, sub-broker and the client shall beentitled
to terminate the relationship between themwithout giving any
reasons to the other party, aftergiving notice in writing of not
less than one month tothe other parties. Notwithstanding any
suchtermination, all rights, liabilities and obligations ofthe
parties arising out of or in respect of transactionsentered into
prior to the termination of thisrelationship shall continue to
subsist and vest in/bebinding on the respective parties or his/
itsrespective heirs, executors, administrators,
legalrepresentatives or successors, as the case may be.
29. In the event of demise/insolvency of the sub-brokeror the
cancellation of his/its registration with theBoard or/withdrawal of
recognition of the sub-brokerby the stock exchange and/or
termination of theagreement with the sub broker by the stock
broker,for any reason whatsoever, the client shall beinformed of
such termination and the client shall bedeemed to be the direct
client of the stock brokerand all clauses in the 'Rights and
Obligations'document(s) governing the stock broker, subbrokerand
client shall continue to be in force as it is,unless the client
intimates to the stock broker his/itsintention to terminate their
relationship by giving anotice in writing of not less than one
month.
ADDITIONAL RIGHTS AND OBLIGATIONS
30. The stock broker shall ensure due protection to theclient
regarding client's rights to dividends, rights orbonus shares, etc.
in respect of transactions routedthrough it and it shall not do
anything which is likelyto harm the interest of the client with
whom and forwhom they may have had transactions in securities.
31. The stock broker and client shall reconcile and settletheir
accounts from time to time as per the Rules,Regulations, Bye Laws,
Circulars, Notices andGuidelines issued by SEBI and the
relevantExchanges where the trade is executed.
32. The stock broker shall issue a contract note to
hisconstituents for trades executed in such format asmay be
prescribed by the Exchange from time to timecontaining records of
all transactions includingdetails of order number, trade number,
trade time,trade price, trade quantity, details of the
derivativescontract, client code, brokerage, all charges leviedetc.
and with all other relevant details as requiredtherein to be filled
in and issued in such manner andwithin such time as prescribed by
the Exchange. Thestock broker shall send contract notes to
theinvestors within one working day of the execution ofthe trades
in hard copy and/or in electronic formusing digital signature.
33. The stock broker shall make pay out of funds ordelivery of
securities, as the case may be, to theClient within one working day
of receipt of the payoutfrom the relevant Exchange where the trade
isexecuted unless otherwise specified by the client andsubject to
such terms and conditions as may beprescribed by the relevant
Exchange from time totime where the trade is executed.
34. The stock broker shall send a complete `Statementof
Accounts' for both funds and securities in respectof each of its
clients in such periodicity and formatwithin such time, as may be
prescribed by therelevant Exchange, from time to time, where
thetrade is executed. The Statement shall also statethat the client
shall report errors, if any, in theStatement within such time as
may be prescribed bythe relevant Exchange from time to time where
thetrade was executed, from the receipt thereof to theStock
broker.
35. The stock broker shall send daily margin statementsto the
clients. Daily Margin statement should include,inter-alia, details
of collateral deposited, collateralutilized and collateral status
(available balance/duefrom client) with break up in terms of cash,
FixedDeposit Receipts (FDRs), Bank Guarantee andsecurities.
36. The Client shall ensure that it has the required
legalcapacity to, and is authorized to, enter into therelationship
with stock broker and is capable ofperforming his obligations and
undertakingshereunder. All actions required to be taken to
ensurecompliance of all the transactions, which the Clientmay enter
into shall be completed by the Client priorto such transaction
being entered into.
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ELECTRONIC CONTRACT NOTES (ECN)
37. In case, client opts to receive the contract note
inelectronic form, he shall provide an appropriate e-mail id to the
stock broker. The client shallcommunicate to the stock broker any
change in theemail-id through a physical letter. If the client
hasopted for internet trading, the request for change ofemail id
may be made through the secured access byway of client specific
user id and password
38. The stock broker shall ensure that all ECNs sentthrough the
e-mail shall be digitally signed,encrypted, non-tamper able and in
compliance withthe provisions of the IT Act, 2000. In case, ECN
issent through e-mail as an attachment, the attachedfile shall also
be secured with the digital signature,encrypted and
non-tamperable.
39. The client shall note that non-receipt of bounced
mailnotification by the stock broker shall amount todelivery of the
contract note at the e-mail ID of theclient.
40. The stock broker shall retain ECN andacknowledgement of the
e-mail in a soft and non-tamperable form in the manner prescribed
by theexchange in compliance with the provisions of the ITAct, 2000
and as per the extant rules/regulations/circulars/guidelines issued
by SEBI/Stock Exchangesfrom time to time. The proof of delivery
i.e., logreport generated by the system at the time ofsending the
contract notes shall be maintained bythe stock broker for the
specified period under theextant regulations of SEBI/stock
exchanges. The logreport shall provide the details of the contract
notesthat are not delivered to the client/e-mails rejectedor
bounced back. The stock broker shall take allpossible steps to
ensure receipt of notification ofbounced mails by him at all times
within thestipulated time period under the extant regulationsof
SEBI/ stock exchanges.
41. The stock broker shall continue to send contractnotes in the
physical mode to such clients who donot opt to receive the contract
notes in the electronicform. Wherever the ECNs have not been
delivered tothe client or has been rejected (bouncing of mails)
bythe e-mail ID of the client, the stock broker shallsend a
physical contract note to the client within thestipulated time
under the extant regulations ofSEBI/stock exchanges and maintain
the proof ofdelivery of such physical contract notes.
42. In addition to the e-mail communication of the ECNsto
the
client, the stock broker shall simultaneously publishthe ECN on
his designated web-site, if any, in asecured way and enable
relevant access to theclients and for this purpose, shall allot a
unique username and password to the client, with an option tothe
client to save the contract note electronicallyand/or take a print
out of the same.
LAW AND JURISDICTION
43. In addition to the specific rights set out in thisdocument,
the stock broker, sub-broker and the clientshall be entitled to
exercise any other rights whichthe stock broker or the client may
have under theRules, Bye-laws and Regulations of the Exchanges
inwhich the client chooses to trade and circulars/notices issued
thereunder or Rules and Regulationsof SEBI.
44. The provisions of this document shall always besubject to
Government notifications, any rules,regulations, guidelines and
circulars/notices issuedby SEBI and Rules, Regulations and Bye laws
of therelevant stock exchanges, where the trade isexecuted, that
may be in force from time to time.
45. The stock broker and the client shall abide by anyaward
passed by the Arbitrator(s) under theArbitration and Conciliation
Act, 1996. However,there is also a provision of appeal within the
stockexchanges, if either party is not satisfied with
thearbitration award.
46. Words and expressions which are used in thisdocument but
which are not defined herein shall,unless the context otherwise
requires, have the samemeaning as assigned thereto in the Rules,
Byelawsand Regulations and circulars/ notices issuedthereunder of
the Exchanges/SEBI.
47. All additional voluntary clauses/document added bythe stock
broker should not be in contravention withrules/regulations/
notices/circulars ofExchanges/SEBI. Any changes in such
voluntaryclauses/document(s) need to be preceded by a noticeof 15
days. Any changes in the rights and obligationswhich are specified
by Exchanges/SEBI shall also bebrought to the notice of the
clients.
48. If the rights and obligations of the parties hereto
arealtered by virtue of change in Rules and regulationsof SEBI or
Byelaws, Rules and Regulations of therelevant stock Exchanges where
the trade isexecuted, such changes shall be deemed to havebeen
incorporated herein in modification of the rightsand obligations of
the parties mentioned in thisdocumen.
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INTERNET & WIRELESS TECHNOLOGY BASED TRADING FACILITY
PROVIDED BY STOCK BROKERS TO CLIENT
(All the clauses mentioned in the 'Rights and Obligations'
document(s) shall be applicable. Additionally, theclauses mentioned
herein shall also be applicable.)
1. Stock broker is eligible for providing Internet based trading
(IBT) and securities trading through the use ofwireless technology
that shall include the use of devices such as mobile phone, laptop
with data card, etc.which use Internet Protocol (IP). The stock
broker shall comply with all requirements applicable to
internetbased trading/securities trading using wireless technology
as may be specified by SEBI & the Exchanges fromtime to
time.
2. The client is desirous of investing/trading in securities and
for this purpose, the client is desirous of using eitherthe
internet based trading facility or the facility for securities
trading through use of wireless technology. TheStock broker shall
provide the Stock broker's IBT Service to the Client, and the
Client shall avail of the Stockbroker's IBT Service, on and subject
to SEBI/Exchanges Provisions and the terms and conditions specified
on theStock broker's IBT Web Site provided that they are in line
with the norms prescribed by Exchanges/SEBI.
3. The stock broker shall bring to the notice of client the
features, risks, responsibilities, obligations and
liabilitiesassociated with securities trading through wireless
technology/internet/smart order routing or any othertechnology
should be brought to the notice of the client by the stock
broker.
4. The stock broker shall make the client aware that the Stock
Broker's IBT system itself generates the initialpassword and its
password policy as stipulated in line with norms prescribed by
Exchanges/SEBI.
5. The Client shall be responsible for keeping the Username and
Password confidential and secure and shall besolely responsible for
all orders entered and transactions done by any person whosoever
through the Stockbroker's IBT System using the Client's Username
and/or Password whether or not such person was authorized todo so.
Also the client is aware that authentication technologies and
strict security measures are required for theinternet
trading/securities trading through wireless technology through
order routed system and undertakes toensure that the password of
the client and/or his authorized representative are not revealed to
any third partyincluding employees and dealers of the stock
broker.
6. The Client shall immediately notify the Stock broker in
writing if he forgets his password, discovers security flawin Stock
Broker's IBT System, discovers/suspects discrepancies/ unauthorized
access through hisusername/password/account with full details of
such unauthorized use, the date, the manner and thetransactions
effected pursuant to such unauthorized use, etc.
7. The Client is fully aware of and understands the risks
associated with availing of a service for routing ordersover the
internet/ securities trading through wireless technology and Client
shall be fully liable and responsiblefor any and all acts done in
the Client's Username/password in any manner whatsoever.
8. The stock broker shall send the order/trade confirmation
through email to the client at his request. The client isaware that
the order/ trade confirmation is also provided on the web portal.
In case client is trading usingwireless technology, the stock
broker shall send the order/trade confirmation on the device of the
client.
9. The client is aware that trading over the internet involves
many uncertain factors and complex hardware,software, systems,
communication lines, peripherals, etc. are susceptible to
interruptions and dislocations. TheStock broker and the Exchange do
not make any representation or warranty that the Stock broker's IBT
Servicewill be available to the Client at all times without any
interruption.
10. The Client shall not have any claim against the Exchange or
the Stock broker on account of any suspension,interruption,
nonavailability or malfunctioning of the Stock broker's IBT System
or Service or the Exchange'sservice or systems or non-execution of
his orders due to any link/system failure at the
Client/Stockbrokers/Exchange end for any reason beyond the control
of the stock broker/ Exchanges.
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RISK DISCLOSURE DOCUMENT FOR CAPITAL MARKET AND DERIVATIVES
SEGMENTS ANNEXURE-5
20
This document contains important information on tradingin
Equities/Derivatives Segments of the stock exchanges.All
prospective constituents should read this documentbefore trading in
Equities/Derivatives Segments of theExchanges.Stock exchanges/SEBI
does neither singly or jointly andexpressly nor impliedly guarantee
nor make anyrepresentation concerning the completeness, theadequacy
or accuracy of this disclosure document nor haveStock exchanges
/SEBI endorsed or passed any merits ofparticipating in the trading
segments. This briefstatement does not disclose all the risks and
othersignificant aspects of trading.In the light of the risks
involved, you should undertaketransactions only if you understand
the nature of therelationship into which you are entering and the
extent ofyour exposure to risk.You must know and appreciate that
trading in Equityshares, derivatives contracts or other instruments
tradedon the Stock Exchange, which have varying element ofrisk, is
generally not an appropriate avenue for someoneof limited
resources/limited investment and/or tradingexperience and low risk
tolerance. You should thereforecarefully consider whether such
trading is suitable for youin the light of your financial
condition. In case you tradeon Stock exchanges and suffer adverse
consequences orloss, you shall be solely responsible for the same
andStock exchanges/its Clearing Corporation and/or SEBIshall not be
responsible, in any manner whatsoever, forthe same and it will not
be open for you to take a pleathat no adequate disclosure regarding
the risks involvedwas made or that you were not explained the full
riskinvolved by the concerned stock broker. The constituentshall be
solely responsible for the consequences and nocontract can be
rescinded on that account. You mustacknowledge and accept that
there can be no guaranteeof profits or no exception from losses
while executingorders for purchase and/or sale of a derivative
contractbeing traded on Stock exchanges.It must be clearly
understood by you that your dealingson Stock exchanges through a
stock broker shall besubject to your fulfilling certain formalities
set out by thestock broker, which may inter alia include your
filling theknow your client form, reading the rights and
obligations,do's and don'ts, etc., and are subject to the
Rules,Byelaws and Regulations of relevant Stock exchanges,
itsClearing Corporation, guidelines prescribed by SEBI and inforce
from time to time and Circulars as may be issued byStock exchanges
or its Clearing Corporation and in forcefrom time to time.Stock
exchanges does not provide or purport to provideany advice and
shall not be liable to any person whoenters into any business
relationship with any stockbroker of Stock exchanges and/or any
third party based onany information contained in this document.
Anyinformation contained in this document must not beconstrued as
business advice. No consideration to tradeshould be made without
thoroughly understanding andreviewing the risks involved in such
trading.
If you are unsure, you must seek professional adviceon the
same.In considering whether to trade orauthorize someone to trade
for you, you should beaware of or must get acquainted with the
following:-
BASIC RISKS:1.1 Risk of Higher Volatility
Volatility refers to the dynamic changes in pricethat a
security/derivatives contract undergoeswhen trading activity
continues on the StockExchanges. Generally, higher the volatility
of asecurity/derivatives contract, greater is its priceswings.
There may be normally greater volatilityin thinly traded securities
/ derivatives contractsthan in active securities /derivatives
contracts.As a result of volatility, your order may only
bepartially executed or not executed at all, or theprice at which
your order got executed may besubstantially different from the last
traded priceor change substantially thereafter, resulting
innotional or real losses.
1.2 Risk of Lower LiquidityLiquidity refers to the ability of
marketparticipants to buy and/or sell securities /derivatives
contracts expeditiously at acompetitive price and with minimal
pricedifference. Generally, it is assumed that morethe numbers of
orders available in a market,greater is the liquidity. Liquidity is
importantbecause with greater liquidity, it is easier forinvestors
to buy and/or sell securities /derivatives contracts swiftly and
with minimalprice difference, and as a result, investors aremore
likely to pay or receive a competitive pricefor securities /
derivatives contracts purchasedor sold. There may be a risk of
lower liquidity insome securities / derivatives contracts
ascompared to active securities / derivativescontracts. As a
result, your order may only bepartially executed, or may be
executed withrelatively greater price difference or may not
beexecuted at all.1.2.1 Buying or selling securities /
derivativescontracts as part of a day trading strategy mayalso
result into losses, because in such asituation, securities /
derivatives contracts mayhave to be sold / purchased at low / high
prices,compared to the expected price levels, so as notto have any
open position or obligation todeliver or receive a security /
derivativescontract.
1.3 Risk of Wider SpreadsSpread refers to the difference in best
buy priceand best sell price. It represents the differentialbetween
the price of buying a security /derivatives contract and
immediately selling it orvice versa. Lower liquidity and higher
volatilitymay result in wider than normal spreads for lessliquid or
illiquid securities / derivativescontracts. This in turn will
hamper better priceformation.
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1.4 Risk-reducing ordersThe placing of orders (e.g., "stop loss"
orders, or "limit"orders) which are intended to limit losses to
certainamounts may not be effective many a time becauserapid
movement in market conditions may make itimpossible to execute such
orders.1.4.1 A "market" order will be executed promptly,subject to
availability of orders on opposite side,without regard to price and
that, while the customermay receive a prompt execution of a
"market" order, theexecution may be at available prices of
outstandingorders, which satisfy the order quantity, on price
timepriority. It may be understood that these prices may
besignificantly different from the last traded price or thebest
price in that security / derivatives contract.1.4.2 A "limit" order
will be executed only at the "limit"price specified for the order
or a better price. However,while the customer receives price
protection, there is apossibility that the order may not be
executed at all.1.4.3 A stop loss order is generally placed "away"
fromthe current price of a stock / derivatives contract, andsuch
order gets activated if and when the security /derivatives contract
reaches, or trades through, thestop price. Sell stop orders are
entered ordinarily belowthe current price, and buy stop orders are
enteredordinarily above the current price. When the security
/derivatives contract reaches the pre -determined price,or trades
through such price, the stop loss orderconverts to a market/limit
order and is executed at thelimit or better. There is no assurance
therefore that thelimit order will be executable since a security
/derivatives contract might penetrate the pre-determined price, in
which case, the risk of such ordernot getting executed arises, just
as with a regular limitorder.
1.5 Risk of News Announcements
News announcements that may impact the price ofstock /
derivatives contract may occur during trading,and when combined
with lower liquidity and highervolatility, may suddenly cause an
unexpected positiveor negative movement in the price of the
security /contract.
1.6 Risk of Rumors
Rumors about companies / currencies at times float inthe market
through word of mouth, newspapers,websites or news agencies, etc.
The investors shouldbe wary of and should desist from acting on
rumors.
1.7 System Risk
High volume trading will frequently occur at the marketopening
and before market close. Such high volumesmay also occur at any
point in the day. These maycause delays in order execution or
confirmation.
1.7.1 During periods of volatility, on account of
marketparticipants continuously modifying their order quantityor
prices or placing fresh orders, there may be delays inorder
execution and its confirmations.
1.7.2 Under certain market conditions, it may bedifficult or
impossible to liquidate a position in themarket at a reasonable
price or at all, when there areno outstanding orders either on the
buy side or thesell side, or if trading is halted in a security
/derivatives contract due to any action on account ofunusual
trading activity or security / derivativescontract hitting circuit
filters or for any other reason.
1.8 System/Network Congestion:
Trading on exchanges is in electronic mode, based
onsatellite/leased line based communications,combination of
technologies and computer systemsto place and route orders. Thus,
there exists apossibility of communication failure or
systemproblems or slow or delayed response from system ortrading
halt, or any such other problem/ glitchwhereby not being able to
establish access to thetrading system/network, which may be
beyondcontrol and may result in delay in processing or
notprocessing buy or sell orders either in part or in full.You are
cautioned to note that although theseproblems may be temporary in
nature, but when youhave outstanding open positions or
unexecutedorders, these represent a risk because of yourobligations
to settle all executed transactions.
2. As far as Derivatives segments are concerned,please note and
get yourself acquainted with thefollowing additional features:-
2.1 Effect of "Leverage" or "Gearing":
In the derivatives market, the amount of margin issmall relative
to the value of the derivatives contractso the transactions are
'leveraged' or 'geared'.Derivatives trading, which is conducted
with arelatively small amount of margin, provides thepossibility of
great profit or loss in comparison withthe margin amount. But
transactions in derivativescarry a high degree of risk.You should
therefore completely understand thefollowing statements before
actually trading inderivatives and also trade with caution while
takinginto account one's circumstances, financial resources,etc. If
the prices move against you, you may lose apart of or whole margin
amount in a relatively shortperiod of time. Moreover, the loss may
exceed theoriginal margin amount.
A. Futures trading involve daily settlement of allpositions.
Every day the open positions are markedto market based on the
closing level of the index /derivatives contract. If the contract
has movedagainst you, you will be required to deposit theamount of
loss (notional) resulting from suchmovement. This amount will have
to be paid within astipulated time frame, generally
beforecommencement of trading on next day.
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B. If you fail to deposit the additional amount by thedeadline
or if an outstanding debt occurs in youraccount, the stock broker
may liquidate a part of orthe whole position or substitute
securities. In thiscase, you will be liable for any losses incurred
due tosuch close-outs.
C. Under certain market conditions, an investor may findit
difficult or impossible to execute transactions. Forexample, this
situation can occur due to factors suchas illiquidity i.e. when
there are insufficient bids oroffers or suspension of trading due
to price limit orcircuit breakers etc.