What is a contract note?

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

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