04:46 Jul 31, 2014  

FAQs

  • How to place a Cash Order ?
    • Login into your HDFC Securities Account through TRADE NOW option.
    • Under Equity section Click on the link 'Buy/Sell'.
    • Select the Exchange NSE/BSE
    • Mention the Stock Code in the field. If you do not know the Stock code enters - 3 initial letters of the stock, select the company name from the auto-populated list.
    • Select Product option as - Cash.
    • Enter the Type of Order, Quantity & Price. If its a limit order mention the limit price. It should not exceed 16 % of the previous day close.
    • If the volume of the stock is huge you can mention the disclosed quantity, which should not be more than 10% of the total quantity for which the order is being placed.
    • Click on the link  Place Order. Your get a pop-up of Online hold of funds. Click Submit
    • You would get Order Confirmation page. You can 'Confirm' the order
    • The Broker Reference number would be displayed.
    • You can check the status in 'Order Book'.
  • How to place a Intra-day Margin Order ?
    • Login into your HDFC Securities Account through TRADE NOW option.
    • Under Equity section Click on the link 'Buy/Sell'.
    • Select the Exchange NSE
    • Mention the Stock Code in the field. If you do not know the Stock code enters - 3 initial letters of the stock, select the company name from the auto-populated list.
    • Select Product option as - MARGIN
    • Enter the Type of Order, Quantity & Price. If it's a limit order mention the limit price. It should not exceed 16 % of the previous day close.
    • If the volume of the stock is huge you can mention the disclosed quantity, which should not be more than 10% of the total quantity for which the order is being placed.
    • Click on Know your Margin _ to know your margin requirement to place order
    • Click on the link  Place Order. Your get a pop-up of Online hold of funds. Click Submit
    • You would get Order Confirmation page. You can 'Confirm' the order
    • The Broker Reference number would be displayed.
    • You can check the status in 'Order Book' under Product option as Margin.
  • What is Trigger Price or Stop loss order?
    This allows the trading member to place an order, which gets activated only when the Last traded price (LTP) of the Share is reached or crosses a threshold price called as the trigger price. The trigger price will be as on the price mark that you want it to be.    
    When a trigger price (TP) is specified in a limit order, the order becomes one, which is conditional on the market price of the stock crossing the specified TP. The order remains passive (i.e. not eligible for execution) till the condition is satisfied. Once the last traded price of the stock reaches or surpasses the TP, the order becomes activated (i.e. eligible for execution by being taken up in the matching process of the exchange) and then on behaves like a normal limit order. Click here to know more.
  • Buy Today Sell Tomorrow (BTST)
    In a normal trade transaction, if you buy a stock today the credit of shares in your demat is on T+2 days & one can sell the same only once you receive the credit the same.
    You can buy a Stock today & before it is credited in your demat account you can sell the same. Only select Stocks are enabled under BTST.
  • What is Encash.
    ‘ENCASH’ facilitates the customers to get the sale proceeds credited to their bank accounts on trade date. This would be enabled only for Sell transactions and for orders executed in this product the sale proceeds would be credited on the same day as against the normal sell trade & T+2 settlement. The funds will be credited in advance thereby increasing the liquidity for the customer. Know more.
  • What is Cover Order.
    Cover order facilitates the customer to place two opposite orders for the same scrip simultaneously. First order would be Market order and the second leg would be opposite Stop loss limit order. The margin requirement in this product would be very low compared to the normal margin product. Know more.
  • Exchange Traded Funds (ETF)
    An Exchange-traded fund (ETF) is an investment vehicle traded on stock exchanges, much like stocks. An ETF holds assets such as stocks or bonds and trades at approximately the same price as the net asset value (NAV) of its underlying assets over the course of the trading day.
    To Trade in ETF
    • Log on to your Trading account.
    • Click on Buy/Sell Section.
    • Choose for Script Code & no. Of units
    • Place your order.
  • Off Market Orders
    HDFC Securities provides you with Off Market Order facility wherein you could place your Buy/Sell orders even while the markets are closed.
    • You can place an Off-market order online from 7:30 PM to 11:30 PM and between 3.30 AM to 9.00 AM the next morning.
    • Only Limit orders can be placed in the Cash & Margin Segment.
    • Orders will be sent to exchange when market re-opens.
    • If limit price is triggered when market opens the order would be executed.
    • You can cancel/modify your order anytime before price is triggered.
  • Do It Yourself SIP (Equity SIP)
    A Systematic Investment Plan (SIP) is a powerful tool to enter the market and enhanced your portfolio using the volatility to the best of advantage and averages your investments.
    One time Administrative charge of Rs.249/- will be chargeable. Normal brokerage will be applicable to customers on the shares purchased. Know more

  • Does HSL trade in shares where 100% delivery of scrips is not done in electronic form.
    HSL does not trade in shares where 100% delivery of scrips is not done in electronic form.
 
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