All existing Investors are requested to take note that as per SEBI’s new rule, in the event of Non-submission of “Choice of Nomination’, your Demat and MF Folios account will not be frozen,however we highly recommend to update “choice of Nomination” by providing three mandatory fields-nominee name, percentage allocation and relationship with account holder. Kindly Contact DP to complete the ‘Choice of Nomination process.(SEBI/HO/MIRSD/POD-1/P/CIR/2024/81 dated June 10, 2024) For Trading Accounts, Choice of Nomination has been made Voluntary.
1)Stock Brokers can accept Securities as margin from clients only by way of Pledge in the Depository System w.e.f September 1, 2020.
2)Update your Mobile number & Email ID with your Stock Broker/Depository Participant and receive OTP directly from depository on your email id and /or mobile number to create pledge.
3)Pay 20% Upfront Margin of the transaction value to trade in cash market segment.
4)Check your Securities/MF/Bonds in the Consolidated Account Statements issued by NSDL/CDSL every month.
…………………………….Issued in the Interest of Investors”
Beware of fixed /guaranteed/regular returns/capital protection schemes. Brokers or their authorised persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/capital protection on your investments or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any agreement/agreement of indicative returns will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, with three working days in case you have not done any transaction with the last 30 calendar days. Pease note that in case default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your Broker settles your account and in any case, not later that once in 90 days (or 30 days if you have opted for 30 days settlement) In case of declaration of Trading Member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on the Exchange Website at the following link: https://www.bseind.com/static/members/List_defaulters_Expelled_members.aspx
Brokers are not permitted to accept transfer of securities as margin. Securities offered as Margin/Collateral MUST remain in the account of the client and can be pledged to the Broker only by way of “Margin Pledge”, created in the Depository System. Client are not permitted to place any Securities with the broker or associate of the broker or authorised Person of the broker for any reason. Broker can take securities belonging to clients only for Settlement of securities sold by the client.
Always keep your Contact details viz. Mobile number and Email ID updated with the Stock Broker and Depository Participant. Email ID and Mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with the Stock Broker/Depository participant if you are not receiving the messages from Exchanges/Depositories regularly.
Don’t ignore any emails/ SMS(s) received for Exchange for trades done by you. Verify the same with the Contract notes/Statements of account received from your broker/DP and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker/DP does not respond, please take this up with the Exchange/Depository forthwith.
Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the Trading Member, compare it with weekly statement of accounts sent by Broker and immediately raise a concern to the exchange if you notice a discrepancy.
Please do not transfer funds for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI Registered Stock Broker.
"Dear Investor,
As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in the securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.
https://www.bseipf.com/investors_education.html
We believe that an educated investor is a protected investor !!!"
1. 9 Out 10 Individual traders in the Equity Futures and Options Segment, incurred net losses.
2. On an average, loss makers registered net trading loss close to Rs. 50,000.
3. Over and above the net trading losses incurred, loss makers expanded an additional 28% of net trading losses as transaction costs.
4. Those making net trading profits, incurred between 15% to 50 % of such profits as transaction cost
SEBI study dated January 25,2023 on “Analysis of Profit and Loss of Individual traders dealing in equity Futures and Options (F&O)Segment “.wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-2022.
"As per SEBI Circular SEBI/HO/MIRSD.FATF/P/CIR/2023/0144 dated August 11,2023,clients whose KYC status is not found validated by the KRA's,such PANs shall not be allowed to transact further in securities market till such a time their KYC is Validated by KRA.This step is crucial to maintaining the integrity and security of the market and ensuring that all trading activities are conducted in a transparent and compliant manner."
1)Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
2)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. 3)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 worries for refund as the money remains in investor's account."Our Company became corporate member of B.S.E. IN September 1994 and subsequently became a Depository Participant with C.D.S.L. – to provide comprehensive facilities for investments in Indian Capital Market – to our clients Most of our clients are our friends and associates from our previous jobs and new clients introduced by these existing clients through word of mouth.
Reach Mr. Mahaveer Meghawat at : mm@trustedshares.com
STOCK BROKER:- bse.compliance@trustedshares.in
Depository Participant :- dp.compliance@trustedshares.in
SEBI No as stock broker. INZ000270035
SEBI No as CDSL Depository Participant is IN-DP-547-2021
BSE Trading Member Code 797
BSE Clearing Number 797
CIN no U65990MH1989PTC054269
Useful Links : SEBI | BSE | CDSL | NSE | NSDL
KYC application forms in Vernacular Languages. !
Marathi | Gujrati | Hindhi
Filing complaint on SCORES – Easy & quick
a. Register on SCORES portal
b. Mandatory details for filing complaints on SCORES
I. Name, PAN, Address, Mobile Number, E-mail ID
c. Benefits:
i. Effective Communication
ii. Speedy redressal of the grievances
Click/visit on https://scores.sebi.gov.in/ [SEBI Complaints Redress System (SCORES)] for Procedure for filing of complaints on SCORES and benefits.