Dabba Trading
Dear Investor,
In order to enhance investor awareness, transparency and ease of access to information relating to securities holdings, the Depositories (CDSL/NSDL), in co-ordination with SEBI, have upgraded their respective investor applications (link of mobile application mentioned below) providing a consolidated, bird’s eye view of investors’ holdings in securities markets.
The salient features of the applications are as follows:
We urge you to download the applications from the links given below and take benefits of the applications.
https://apps.apple.com/in/app/cdsl-myeasi-app/id6737304195
https://play.google.com/store/apps/details?id=com.cdsl.myeasi
https://apps.apple.com/in/app/nsdl-speede-app/id922834763
https://play.google.com/store/apps/details?id=com.msf.NSDL.Android
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
https://www.sebi.gov.in/reports-and-statistics/research/jan-2023/study-analysis-of-profit-and-loss-of-individual-traders-dealing-in-equity-fando-segment_67525.html
Dear Clients,
NSE Vide its circular dated July 06, 2022 has informed the trading members to carry out due diligence of all those clients wishing to trade in derivative segment of the Exchange more specifically in the Options segment to avoid any kind risk/threat that may occur as the derivative Products are not designed for general Public whose Income does not support the trade Position in Options.
Further in line with this circular all clients trading in derivative segments are informed to kindly update your financial details/income with us so as to avoid disallowance of trading in derivative Products.
Our compliance department will analyse the Income details with the turnover and in case of any serious deviation your account will be blocked for trading in derivative Products and it will be at the sole discretion of HK Singhania & Co. Further Please also note that following actions needs your attention at all times and request you to desist from following aSantoctivity to ensure smooth Operations of your trading account maintained with us.
Sharing of trading credentials – login id & passwords including OTP’s.
Trading in leveraged products like options without proper understanding, which could lead to losses
Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks
Dealing in unsolicited tips through WhatsApp, Telegram, YouTube, Facebook, SMS, calls, etc.
Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.
For your necessary action and Information.
HK Singhania & Co.
Compliance Department
Investments in securities market are subject to market risks; read all the related documents carefully before investing.
Stock Broker can accept securities as margin from clients only by way of margin pledge in the depository system w.e.f. September 01, 2020.
Update your email id and mobile number with your depository participant and receive OTP directly from depository on your email id and/or mobile number to create margin pledge.
Prevent unauthorized transactions in your 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.
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.
Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.
.......... Issued in the interest of Investors
Disclaimer regarding internet trading
H K SINGHANIA & CO / Directors / Employees/ Franchisees/Associates
do not warrant or represent or endorse or suggest that the use or the consequences of the use of the service or the materials or the contents or the information or advices made available as part of the service and/or any of the services will be correct, accurate, timely or otherwise reliable and true
Every Internet trader or investor should be well aware of the effects of its systems downtime, the price volatility of stocks, the possible negative results, slow downloading of data and the risks associated with internet trading.
System downtime & downloading can affect anyone conducting Internet business, trades might not be executed at all / partial or trade executions could be at prices significantly different from the price quoted at the time the order was entered. The real time data/price of stocks might be different than actual showing on the screen of the terminal. There are a variety of reasons why a user could experience delays or failures in order placements, order cancellations, trade executions or trade reports. Which might not be under control of MLB Securities Pvt. Ltd. Among them are: system capacity; errors or defects in the software or the delay in data, Internet service providers having technical errors, communications lines problems or failures; satellite transmission problems or failures; extended power outages; and sabotage created by hackers.
H K SINGHANIA & CO
NSE: CM, FO | BSE: CM | SEBI Reg. No. INZ000197211 Depository Participant: NDSL: DP ID: IN302252 SEBI Reg. No. INZ000197211 Registered Address: “ORCHID GOLF” 14/105, Golf Club Road, Tollygunge, Kolkata 700-033 ,System & Surveillance (Harish Kumar Singhania,, Email : harishsinghania@hotmail.com , Phone Number: ,9830041047) For any grievances/complaints Email us at –harishsinghania@hotmail.com
Please ensure you carefully read the risk Disclosure Document as prescribed by SEBI. We do not share client details with any third party and do not sell any tips or recommendations. In case anyone calls you posing as our executive offering/inducing you to trade, please report to us at 9830041047
Aadhaar seeding with PAN :
Clients are requested to take note that PANs not seeded with Aadhaar vide Government notification dated June 25, 2021, the effective date of Aadhaar seeding (linkage of Aadhaar with PAN) was extended up to September 30, 2021 w.e.f. October 01, 2021 will be considered as invalid for the purpose of trading in Stock Market.
For detail visit:- https://archives.nseindia.com/content/circulars/ISC49477.pdf
NOMINATION FOR TRADING/DEMAT ACCOUNT
Clients are requested to take note of the SEBI circular bearing reference No. SEBI/HO/MIRSD/RTAMB/CIR/P/2021/601 dated July 23, 2021, regarding< /br> Nomination for Eligible Trading and Demat Accounts For more details visit https://www.sebi.gov.in/legal/circulars/jul-2021/nomination-for-eligible-trading-and-demat-accounts_51313.html
KYC MANDATORY ATTRIBUTES
Clients are requested to update 6-KYC attributes that are mandatory as per NSE circular No.: NSE/ISC/47869 dated April 01, 2021 & circular No.: NSE/ISC/48165 dated May 03, 2021 viz (a) Name (b) Complete Address including PIN (c) PAN (d) Valid Mobile Number (e) Valid Email-id (f) Income Detail/Range, not older than 12 months before trading.
After submitting a written declaration to us, client can use common mobile number and email address of its family members. Family for this purpose has been defined as self, spouse, dependent parents and dependent children.
For more details visit https://archives.nseindia.com/content/circulars/ISC48165.pdf
Application Supported by Blocked Amount (ASBA)
No need to issue cheques by investor while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
KYC
KYC is one time exercise while dealing in securities market. Once KYC is done through a SEBI registered intermediary (broker, DP, MF, etc) you need not undergo the same process again when you approach another intermediary.
CHECK NSDL/CDSL STATEMENT
Check your securities /MF/Bonds in the consolidated account statement issued by NSDL/CDSL every month.
Guidelines/clarifications on Margin collection & reporting
Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July31,2020 and NSE/INSP/45534 dated August 31,2020 and other guidelines issued from time to time in this regard.
UPFRONT MARGIN FOR CASH MARKET
Pay 20% upfront margin of the transaction value to trade in cash market segment
UPDATE MAIL & MOBILE NO. FOR OTP
Prevent Unauthorized Transactions in your demat account --> 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 on the same day......................issued in the interest of investors."
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
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