The following are terms of a legal agreement between you and FYERS.
Sr No. | Transactional Alerts | Segments |
---|---|---|
1 | Significant increase in client activity | Cash |
2 | Sudden trading activity in dormant account | Cash |
3 | Clients/Group of Client(s), dealing in common scrip’s | Cash |
4 | Client(s)/Group of Client(s) concentrated in a few illiquid scrip’s | Cash |
5 | Client(s)/Group of Client(s) dealing in scrip in minimum lot size | Cash |
6 | Client / Group of Client(s) Concentration in a scrip | Cash |
7 | Circular Trading | Cash |
8 | Pump and Dump | Cash |
9 | Wash Sales | Cash &Derivatives |
10 | Reversal of Trades | Cash &Derivatives |
11 | Front Running | Cash |
12 | Concentrated position in the Open Interest / High Turnover concentration | Derivatives |
13 | Order book spoofing i.e. large orders away from market | Cash |
Transaction Type | Account Name | Depository Participant ID | DP Account Number |
---|---|---|---|
Shares/Mutual Fund units | FYERS BSE Principal Account | 12089400 | 00139409 |
Shares/Mutual Fund units | FYERS BSE Pool Account | 12089400 | 00139413 |
Shares/Mutual Fund units | FYERS NSE Pool Account | 12089400 | 00000091 |
Pledging of Shares/Mutual Fund units | FYERS Collateral Account | 12089400 | 00283158 |
Example: If a client has a collateral margin of ₹5,00,000 and a Cash balance of ₹1,00,000. Say the client is willing to take a position that requires a margin of ₹4,00,000. As the client is not maintaining 50% of the necessary margin in cash of ₹2,00,000 and is short by ₹1,00,000, he/she will be levied an interest of 0.05% per day as a late payment charge on the debit cash balance of ₹1,00,000. (Total margin required is ₹4,00,000, wherein the margin required from the cash balance is ₹2,00,000 and the Collateral margin is ₹2,00,000, respectively)