To Start Trading in Stock Markets or Share Markets you need a Trading and Demat Account. Opening a Share or Stock market trading account has become much easier these days, Before 2011 if you had to open a Trading account you were required to sign a zillion times and fill […]
Full List of Documents Required to Open a Trading and Demat Account with Samco
To Trade in Stock market in India, a Demat account and trading account is compulsory; one cannot trade without a Trading and Demat account. To open a Demat Account and trading account one has to submit a set of documents along with the account opening application form. A must-have requirement for […]
STT on Exercised options on expiry day
Save yourself from the STT Trap on Expiry Day! Please square up your in-the money i.e. ITM options expiring today to save yourself from the STT Liability! If you are an Active Options trader than you would have received or heard this message many times. Have you ever tried to […]
EOD – End of Day validity order?
A EoD validity order or ‘Day’ order is an order placed to Buy or Sell that automatically expires or is automatically cancelled if the order is not executed on the day it was placed. It is one of several different duration order types that determines how long the order is […]
What is IOC – Immediate Cancel Validity order? Placing IOC orders with SAMCO
An Immediate or Cancel (IOC) order or ‘Accept order’ allows a you to buy or sell a contract as soon as the order is entered into the market, failing the execution of which the order will be cancelled from the market. Partial matching of the order is possible and the unmatched portion of […]
Market Protection Percentage in Market Orders
Market order is a type of order where one wishes to buy or sell scrip immediately at best available current market price. In Market Order execution of order is guaranteed (provided enough depth is available) but the execution price may vary.The biggest risk of market orders is the execution at […]
How to link an additional savings/current bank account with your Trading and Demat account?
Few traders might want to link additional bank accounts with their Trading and Demat accounts. One might want to link multiple bank accounts with his/her trading account for convenience, facilitate pay-ins from multiple accounts etc. All you need to do is download the Trading / Demat Account Details Addition / […]
Executed Order & Brokerage on Executed orders
Understanding Order ExecutionWhen a pending order is matched and a trade takes place, its status changes to an Executed order. So long as the order is not traded at all, it remains pending, but as soon as it gets even partially traded, it is an executed order. As discussed in […]
What is a pending order? How to view pending orders?
Pending Order MeaningA Buy or Sell order placed but which is yet to be executed is called pending order. Once an order is executed, it is a trade.Pending Order – Buy Limit Order ExampleA Buy limit order where the buy price would be lower than the Current Market Price would […]
Annual Financial Review of Clients trading in Derivatives Segments
As per SEBI Circular MIRSD/SE/Cir – 19/2009 dated December 03, 2009 it is mandatory for clients who opt to trade in derivatives segment (NSE – FO, BSE – FO, CDS, MCX) to give their financial details i.e. their income and the proof of income at the time of account opening. […]