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Stock Broker Glossary - Definitions, Abbreviations, Terminology and Meaning

Understand the meaning of popular words related to IPO.

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Stock Broker Definitions, Abbreviations, Meanings

S No Term Definition Feedback
12-in-1 AccountA 2-in-1 account is an online account to invest in stocks, mutual funds, and bonds, etc. It is a combination of Demat and Trading accounts opened and linked together for seamless transactions among them.0
23-in-1 AccountA combination of saving bank, demat and trading accounts opened together and linked to each other for hassle-free online stock market investments.0
3After Market Order (AMO)After Market Order (AMO) is used for placing orders post the market hours for the next day trading.0
4BTST (Buy today and sell tomorrow)An order type which allows customers to sell shares before they are credited in to demat account or take the delivery of shares. The decision has to be made in 2 days.0
5CDSLCDSL is one of the two authorised depositories in India. They hold financial securities like shares, bonds, and mutual funds in electronic form for customers.0
6CDSL TPINCDSL TPIN is 6 digit password to authorize a broker to debit the chosen stocks from a demat account with CDSL. TPIN is alternate to the Demat Power of Attorney.10
7Clearing ChargesClearing charges is a fee charged by the broker in India. Broker pays this fee to the professional clearing member who helps them settle the trades with exchanges.2
8Contract NoteA Contract Note is a document provided by the stock broker to the customer. It contains records of the trades carried out by a client on a particular day.2
9DepositoryA Depository is an institution that holds financial securities in a De-Materialized form and facilitates their trade on various stock exchanges and platforms.0
10DPR based Square offDaily Price Range (DPR) is the maximum fluctuation in price allowed during a trading session for the scrip. Trading gets suspended if the maximum permissible limit is hit in either direction for the scrips in equity segment (except derivative segment) which has a DPR.0
11eATM by ICICI DirectICICI Direct Equity ATM (eATM) is a facility wherein the customer receives a credit of funds within 5 minutes (as against the current payout cycle of T+2) from the time of execution of sell order in the cash segment.0
12ExposureExposure is the money in the trading account for trading in Intraday and Derivatives (F&O). Exposure is also known as Margin or Limit.0
13Good Till Cancelled Order (GTC)Good Till Cancelled or GTC order allows you to place an order which remains in brokers trading system until it get executed, cancelled manually or order expiry date reaches.0
14ICICIdirect Prime PlanICICIdirect Prime Brokerage Plan offers an eATM facility and helps to reduce the brokerage charges.7
15Intraday TradingIntraday trading is buying and selling of shares on the same day before the market closes.0
16Leg in Trading - Meaning, Definition With ExamplesA leg is a single position taken in trading. Say if you buy 100 shares of a company then that is your 1st leg. Now when you sell the shares it is your 2nd leg.0
17Limit orderA limit order is used when an investor wants to buy or sell the security at a specific price.0
18MarginThe margin is the money in the trading account for buying shares. In case of intraday and F&O trading, the margin is also called exposure or limit.0
19Market OrderA market order is used when an investor wants to buy or sell the security at the prevailing market price.0
20Mutual Fund SIPA Mutual Fund SIP (Systematic Investment Plan) is an investment process where one can invest a fixed amount of money at regular intervals in a particular Mutual Fund scheme to achieve long-term investment goals.0
21NSDLNSDL is a government authorized depository. It holds financial securities like shares, and mutual funds in an electronic form for customers in demat account.0
22Product Types in TradingTrading product types are the product codes used for trading based on whether you intend to buy and sell the same day or take an overnight position.0
23Securities Transaction Tax (STT)Securities Transaction Tax or STT is a tax being levied on all transactions done on the stock exchanges at rates prescribed by the Government of India.0
24SettlementOnline trades (buy and sell) requires the transfer of money and shares between a buyer and a seller. Exchange performs these transactions (settlement) on the T+2 basis.0
25Stamp DutyStamp duty is a government tax in India on trading in stocks, currency derivatives and commodities. It is collected by the stockbroker for issuing stamped contract notes at the end of the day.0
26STBT (Sell Today Buy Tomorrow)Sell Today Buy Tomorrow (STBT) is a facility that allows customers to sell the shares in the cash segment (shares which are not in his demat account) and buy them the next day.4
27Stock Market Order TypesAn order type is a pattern in which investors want their stock brokers to execute a stock market trade on the exchange. It depends on their trading objective.0
28Trading PlatformTrading Platform is a set of software applications offered by the broker for online trading. The trading platform includes apps like install-able trading terminal, trading website and mobile app for trading.0