: +91-80-40204020 Call-n-Trade : +91-80-26086600
The trades of clients shall be carried out in the respective client code only. The dealers shall take utmost care while executing the trades of the clients regarding the accuracy of Client Code, Quantity and Price, etc. Product Types under which Orders are to be placed:
CNC (Cash And Carry): If you want to buy for Delivery (buy stock and hold them overnight) in CM segment, you will have to place your orders under product type “CNC”.
NRML (Normal): If you wish to carry forward your Derivative positions to the next trading day, you will have to place your orders under product type “NRML”.
MIS (Margin Intraday Square off): If you wish to trade for intraday purpose in any Exchange and segment (CM or F & O), you will have to place your orders under product type “MIS”.
Cover order is like any other market order but placed with a compulsory stop loss. The initial order whether a buy or sell is always a market order. It’s very useful for intraday trader because of the higher intraday leverage along with risk management by having compulsory stop loss.
Bracket orders are designed to help limit your loss and lock in a profit by "bracketing" an order with two opposite-side orders. A BUY order is bracketed by a higher-side sell limit order and a lower-side sell stop loss order. A SELL order is bracketed by a higher-side buy stop loss order and a lower side buy limit order.
Tradejini Provides consolidated Margin for Equity and Commodity Segment. Tradejini does not engage in the business of Client Funding. Clients are required to have sufficient balance in their accounts to hold/carry forward positions.
NSE/BSE Equity Margin :Tradejini has a policy of giving up to 10 times leverage for stocks on which F&O trading is allowed. All margins are given only for trading Intraday. No margin is given for delivery trades. The client needs to have enough money in his trading account to take delivery.
NSE Futures :40% of Total Margin (Span + Exposure) is required to take intraday positions. 100% of Total margin is required to carry forward positions.
NSE Currency Futures :50% of Total Margin (Span + Exposure) is required to take intraday positions. 100% of Total margin is required to carry forward positions.
MCX Commodity Futures :50% of Total Margin is required to take intraday positions. 100% of Total margin is required to carry forward positions.
NSE/MCX Option : 100% Premium value is required to BUY Option contracts. No Leverage is provided for Option Buy.
Real-time Margin can be calculated at Tradejini – Tradejini Margin Calculator
|Margin Benefit for intraday trades (MIS)||Upto 10 times||40% of Exchange prescribed margin||None for buying. For Sell same as Futures||50% of Exchange prescribed||50% of Exchange prescribed margin|
|Intraday Margin Time (MIS)||9:15 to 15 min before market closes||9:15 to 15 min before market closes||9:15 to 15 min before market closes||9:00 to 15 min before market closes||10:00 to 15 min before market closes|
PAY-IN (Fund transfer from customer account to Tradejini)
PAY-OUT (Fund transfer from Tradejini to customer account)
Payments will only be accepted from the client’s registered bank account in form of Online Bank Transfers, Payment Gateway transfers, UPI or Cheques. Cash deposit and Demand Drafts are not accepted.
Tradejini offers multiple Funds Transfer options to suit the various customer needs and convenience.
Note : Clients are requested not to transfer amount from un-registered bank accounts as the same will not be credited to their accounts. In case client wants to transfer amounts from additional bank accounts other than those registered with Tradejini, must first map the same using prescribed forms along with proof before transferring the amounts.
We understand that not all clients can bring in cash to trade and since securities are assets, we could give margin against such assets for the client to trade. Tradejini gives margin to its clients for the exchange approved securities held by the client in their demat account.
Tradejini will issue contract notes & margin statements to its clients within 24 hours of the trade day. Along with the Contract Note, the client shall also be furnished with a copy of the daily margin statement as prescribed by the Exchanges. Contract notes are also available in client Backoffice login.
The Compliance Officer shall be the designated officer for handling the Investors Grievances and Client Complaints. The email ID on which you can write in case you have any grievance is complaints @ tradejini.com. The resolution of the Complaint shall be done at the earliest and the same shall be recorded in the register along with the date of resolution.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances
If the aggregate value of pre-funded instruments is Rs. 50,000/- or more from client per day per client, we may accept the instruments only if the same are accompanied by the name of the bank account holder and number of the bank account debited for the purpose, duly certified by the issuing bank. And the mode of certification may include the following either:
For all Online Clients we charge 0.10% (for Delivery orders) / 0.05% (for Intraday & Derivative orders) or Rs.20 per executed order whichever is lower irrespective of number of trades executed for that particular order or Value of the Order.
Brokerage calculator: https://www.tradejini.com/pricing
Complete List Of changes: https://www.tradejini.com/charges
For Offline clients we charge as per tariff sheet agreed by the client for full services.
1. The modification to the client code is done only in exceptional cases and not as a routine one.
2. The reason for modification will be ascertained and analysed and genuineness established along with its impact on the clients studied before the modification. Voice recording of the trade in question in case done thru Call and Trade will be verified for the above analysis.
3. Client code changes of non-institutional clients are allowed only for the following criteria;
4. For easy identification of error account, a separate client code in the UCC database of the Exchange is classified as “error account”.
5. The Exchanges will be informed, by end of day along with the reasons for modification of client codes of non-institutional trades based on the aforesaid objective criteria.
6. All such issues will be reported to the senior level Manager/Director and only with his approval, the modification will be carried after being satisfied that it is genuine the same is done to protect the interests of the client.
7. The facility to modify the client codes will be available only at the Corporate Manager level and will not be given to the branches/franchise/ Authorised Person.
8. Training program will be conducted for all the Dealers and they will be explained how code modifications can be misused and what steps should be taken to avoid the same. It also will be explained that code modifications should not be encouraged to the clients except for cases like ‘punching errors’/’typing errors’.
SEBI in their circular has mandated physical settlement of all derivative open positions. Starting from October 2019 expiry, all stock F&O contracts will be compulsorily physically settled.
a. Unexpired Futures
b. In-the-money call options
c. In-the-money put options
The quantity to be delivered / received shall be equivalent to the market lot multiplied by number of contracts which result into physical settlement.
Please click here to refer more details on the settlement procedure prescribed by exchange
Margins requirement for all Futures Stock contracts will be increased one day prior to expiry (Wednesday and Thursday) in a phased manner and it will range from 50% to 100% of contract value by expiry day.
Physical Delivery margin will be debited to your ledger along with Span and exposure.
Example: SBIN Future margin requirement is 20% then you will be debited additional 40% each for last 2 days taking the total margin to 100% on Expiry day.
Check the margin requirement on our Margin calculator
To prevent last minute delivery defaults, Delivery margins on open positions starts 4 days prior to expiry day. In a phased manner it will range from 20% to 100% by expiry day.
The margins will be levied as illustrated below:
For In the Money Options: ITMDelivery Margin Calculation - Four trading days Prior to Expiry
|EOD||Premium + Additional Margin||Days|
|Expiry -4th trading Day||20% of VAR+ELM||Friday|
|Expiry -3rd trading Day||40% of VAR+ELM||Monday|
|Expiry -2nd trading Day||60% of VAR+ELM||Tuesday|
|Expiry -1 trading Day||80% of VAR+ELM||Wednesday|
|Expiry Day||100% of VAR+ELM||Thursday|
SBIN Spot Rate: 321
SBIN 320 CE
Lot Size: 3000
VAR + ELM: 15%
|Lot Size||Strike Price||Contract Value||Var + ELM%||Var + ELM||Additional Margin||Additional Days Margin|
|3000||320||960000||15%||144000||28800||Friday @ 20% of VAR+ELM|
|3000||320||960000||15%||144000||57600||Monday @ 40% of VAR+ELM|
|3000||320||960000||15%||144000||86400||Tuesday @ 60% of VAR+ELM|
|3000||320||960000||15%||144000||115200||Wednesday @ 80% of VAR+ELM|
|3000||320||960000||15%||144000||144000||Thursday @ 100% of VAR+ELM|
NSE defines three ITM (in-the-money) strike prices immediately below the final settlement price as CTM (close-to-money) strikes.
Example: SBIN final settlement is Rs.323
“Close to the money” Call options stick price: 310CE ,315CE, 320CE
“Close to the money” Put options stick price: 325PE, 330PE, 335PE
CTM Contracts are allowed to carry until expiry if you maintain sufficient margins as explained above.
Exchanges have provided an option to “Do not exercise long CTM” contracts. You should have sufficient cash balance to take physical delivery in case of CALL Options and Sufficient Demat holding in your demat account in case of PUT options. If client balance is not sufficient for taking delivery, position will be marked as “Do not exercise” and the option contract will expire worthless.
You’re carrying SBIN 325 PUT option and the final settlement price is Rs.321 on expiry day.
Actual Intrinsic value is Rs.4
Lot Size: 3000
Actual Value: 3000*4: Rs.12000
If you leave this position for expiry and if you do not have 3000 shares of SBIN in your Demat account, we will mark this position as ‘Do not exercise’ and the option contract will expire worthless.
You’re carrying SBIN 325 CALL option and the final settlement price is Rs.332 on expiry day.
Actual Intrinsic value is Rs.7
Lot Size: 3000
Actual Value: 3000*7: Rs.21000
If you leave this position for expiry and if you do not have sufficient balance (325*3000= Rs.975000) in your ledger account, we will mark this position as ‘Do not exercise’ and the option contract will expire worthless.
All OTM options will expire worthless. There will be no delivery obligations.
Spread contracts – Take and give delivery obligation will be netted off for the client. If you’re having same underlying ITM call Option Long and ITM call option short with same quantity will result in a net-off and there won’t be any delivery obligation.
Difference in premium will be posted to your ledger.
Vasavi Square, 2nd Floor, No.75/757, 10th Main Road, 4th Block, Jayanagar, Bangalore - 560011.Contact No : +91-80-40204020
Suvas,No 4, Shankarmutt Road, 3rd Cross, Shankarpuram, Bangalore - 560004.
223, Vijay Enclave, 2nd Floor, TV Swamy Road East, R.S. Puram, Coimbatore, Tamil Nadu - 641002.
SEBI REGISTRATION NO.: INZ000160938
(NSE: CM-FO-CD | BSE: CM-FO-CD | MCX: FO | MSEI: CM-FO-CD)
CDSL Depository Participant: IN-DP-470-2020
Mutual Fund ARN : 87156
Please ensure you carefully read the Risk Disclosure Documents as prescribed by SEBI.
For any complaints email at complaints @ tradejini.com.
"Prevent Unauthorized Transactions in your trading/demat account Update your Mobile Number/Email IDs with your Stock brokers/Depository Participant.Receive alerts/information of your transactions on your Registered Mobile/Email for all debit and other important transactions in your trading/demat account directly from Exchange/CDSL on the same day."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.),you need not undergo the same process again when you approach another intermediary."
No need to issue cheques by investors while subscribing to IPO.Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment.No worry for refund as the money remains in investor's account.
This is to inform you as per Rules, Regulations and Bye-laws of Multi Commodity Exchange of India Ltd (MCX),that we do client based trading and proprietary trading.
Procedure to file a complaint on SCORES (Easy & quick). Register on SCORES portal and have the mandatory details for filing complaints on SCORES (Name, PAN, Address, Mobile Number and E-mail ID). Benefits: Effective Communication and Speedy redressal of the grievances.
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