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Flat ₹20/trade Intra-day/F&O
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S No | Term | Definition | Feedback |
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1 | 2-in-1 Account | A 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 |
2 | 3-in-1 Account | A combination of saving bank, demat and trading accounts opened together and linked to each other for hassle-free online stock market investments. | 0 |
3 | After Market Order (AMO) | After Market Order (AMO) is used for placing orders post the market hours for the next day trading. | 0 |
4 | BTST (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 |
5 | CDSL | CDSL 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 |
6 | CDSL TPIN | CDSL 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 |
7 | Clearing Charges | Clearing 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 |
8 | Contract Note | A 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 |
9 | Depository | A Depository is an institution that holds financial securities in a De-Materialized form and facilitates their trade on various stock exchanges and platforms. | 0 |
10 | DPR based Square off | Daily 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 |
11 | eATM by ICICI Direct | ICICI 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 |
12 | Exposure | Exposure is the money in the trading account for trading in Intraday and Derivatives (F&O). Exposure is also known as Margin or Limit. | 0 |
13 | Good 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 |
14 | ICICIdirect Prime Plan | ICICIdirect Prime Brokerage Plan offers an eATM facility and helps to reduce the brokerage charges. | 7 |
15 | Intraday Trading | Intraday trading is buying and selling of shares on the same day before the market closes. | 0 |
16 | Leg in Trading - Meaning, Definition With Examples | A 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 |
17 | Limit order | A limit order is used when an investor wants to buy or sell the security at a specific price. | 0 |
18 | Margin | The 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 |
19 | Market Order | A market order is used when an investor wants to buy or sell the security at the prevailing market price. | 0 |
20 | Mutual Fund SIP | A 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 |
21 | NSDL | NSDL is a government authorized depository. It holds financial securities like shares, and mutual funds in an electronic form for customers in demat account. | 0 |
22 | Product Types in Trading | Trading 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 |
23 | Securities 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 |
24 | Settlement | Online 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 |
25 | Stamp Duty | Stamp 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 |
26 | STBT (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 |
27 | Stock Market Order Types | An 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 |
28 | Trading Platform | Trading 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 |
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Flat ₹20 Per Trade in F&O
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Flat ₹20 Per Trade in F&O
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