Definition of online sharetrading

Trading is the process of buying and selling securities. The procedure of trading consists of two processes, i.e.
Delivery (when securities are sold) and Receipt (when securities are purchased). These two processes can be
understood as follows:

I. Process of Receipt II. Process of Delivery

Note:
One can also give "Standing Instruction" to receive credits
into the account directly without having to give the receipt
instruction to the broker every time.

Online share trading advantages

The overwhelming advantage of online share trading is convenience. While normally, you deal with a
broker and own paper shares, with online trading everything is very simple, fast, and efficient. You are
also in complete control of whatever actions you take.

Paperless transactions – your share certificates get deposited in electronic form (DMAT) in your web
trade account.
Orders can be also placed offline during non-market hours.
For NRIs this is the easiest option to invest in Indian markets.
There is no limit to information available online in sites such as www.icicidirect.com and
www.hdfcsec.com
Record of all transactions are available at your fingertips.
www.Sharekhan.com, www.geojit.com, www.icicidirect.com, www.hdfcsec.com are examples of
online trading sites
In online Buying and Selling you can buy and sell your shares any time from anywhere. You
can place a sell or buy order by specifying your order value at the time of non-market hours.
Wherever you are whether in office, at home or in a café, to trade online you just need internet
access and you are in the share market.
when you have sufficient balance, will you be able to trade.

Benefit of Online Share Trading

Investing in the stock market is an excellent way to grow capital, provided you do your research and
invest strategically. Thanks to the Internet and modern networks, individuals can now access
information and markets that were only available via broker a short time ago. Online share trading
has given modern investors convenience, but that doesn't mean they are investing any smarter.

Convenience
The primary benefit of online share trading is convenience. Like working from home,
managing your investments online can be done any time of the day or night. People who
trade shares online can also watch their investments 24 hours a day and have access to
information that only brokers had not long ago.
Security
One issue to consider with online share trading is how secure your digital information is. If
your computer is protected by the latest security applications, online investing is relatively
safe. But there is always the possibility of a hacker gaining access to your passwords and
stealing your identity.
Variety
Another benefit of online share trading is the variety of brokerages and investments
available. Some popular online brokerages include Fidelity, Charles Schwabb, E*TRADE,
 Scottrade and AmeriTrade. Depending on the brokerage, you may have access to different
markets including foreign stocks and bonds.
Cost
Online share trading is less expensive. Discount brokers like E*Trade and Scottrade charge
less than $10 per trade. This is a remarkable advantage over using a traditional broker,
which requires an initial minimum fee as well as more expensive trading commissions.
Warning
The soul of capital growth is knowing the fundamentals of the firms you are investing in and
grasping the market's broader trends. Most online investors hurt themselves and their
portfolios by trading shares too often based on hunches and rumors. Take an expert's
advice: "Close the doors," said Warren Buffett. "Be scared when others are greedy. Be
greedy when others are scared."

Online Share Trading India

In Online share trading the trading is done by using computer and internet connection. In other words
trading done through computer having internet connection is called online share trading.
Instead of going to any share broker you can do trading yourself using online share trading method. In
this method you must have a computer and internet connection or else you can make use of internet cafe.
Nowadays due to internet facility lots of things have become easier as compared to earlier days. So
making use of the great internet facility you can start your own online share trading.

• Online Demat Account -

You have to open online trading account that is also called as demat account.

If you are interested to open the trading account then please write to us and we will guide you further
Contact us

Points to remember while opening your trading account

• Enquire about brokerage rates and taxes you have to pay for your trading account.
• You have to open the trading account with the agent who is offering you the lowest brokerage rates.
• Different brokerage rates are available for different trading methods like delivery trading and intraday
(day trading) trading.
• Before opening your account try to insist the agent to get demo of there online trading software or
terminal and check your reliability and Speed.
• Also confirm about there charges and any hidden charges if you have to pay.
Please properly verify above points and then decide with whom you would like to open the trading
account.
Now you have your on online trading account, let’s go for another most important requirement needed for
you to start your online trading account.
Abstract
1. Top of page
2. Abstract
3. Introduction
4. Advantages of Online Survey Research
5. Disadvantages Associated with Online Survey Research
6. Current Web Survey Software Packages and Online Survey-Related Services
7. Acknowledgments
8. References
This article examines some advantages and disadvantages of conducting online survey research.
It explores current features, issues, pricing, and limitations associated with products and services,
such as online questionnaire features and services to facilitate the online survey process, such as
those offered by web survey businesses. The review shows that current online survey products
and services can vary considerably in terms of available features, consumer costs, and
limitations. It is concluded that online survey researchers should conduct a careful assessment of
their research goals, research timeline, and financial situation before choosing a specific product
or service.
PROCEDURE FOR NRI SIGN UP IN ONLINE TRADING ACCOUNT ICICI

The Sharekhan NRI Investment services is your one-stop solution to get:

1| Integrated RBI-approved bank account with HDFC Bank
2| Personal assistance in filling your Trading KYC and all account opening forms
3| Demat account and Online trading account from a single location
How can I sign up for my NRI online trading account?

STAGE 1:Approach STAGE 2:Processing STAGE 3:Account opening

Visit the Sharekhan branch Fill and submit your Bank On opening of Bank Accounts
or franchise located near account opening forms and PIS permission, Bank will
you and Trading KYC to us. send you the Bank account
OR We will send the Bank
opening kit

account documents to the On opening of Trading and

Register online for opening Bank Demat Account, Sharekhan
an account. will send you the Welcome Kit
Bank gives Bank a/c containing your Trading and
Our Sharekhan executive numbers to Sharekhan. Demat Account.
will contact We will process the
you through Demat and Trading
e-mail. accounts
BENEFITS OF TADING ACOUNT SHARE KHAN

1.Single location for Investments and Demat

2.Linked Bank Account with HDFC Bank
3.Research Reports for every asset class
4.Trading platforms for every need:

• Classic: Web-based trading

platform for online investors

• FastTrade: Applet based trading software

• TradeTiger: Desktop trading terminal for active traders

5.Trade online on NSE and BSE.
6.Real-time portfolio tracking with price alerts
7.Secure transactions
8.Order & Trade confirmations by e-mail and online portfolio
9.Invest in Mutual funds from over 19 fund houses
10.Seamless transactions and Paper free trading

Essential Tips for Forex Trading

Online Forex Trading requires you to be well equipped with knowledge and be aware of all the
important guidelines while trading. Although the process of learning maybe long, the results are
fruitful. Here you will find the necessary information to guide you in your forex trading
endeavor.

There are various aspects and terminologies to keep in mind for beginners when trading forex
online such as statistics charts, candlestick charts, momentum, average, RSI and analytical
analysis. Knowledge about forex trading is vital in order to have a clear idea about the market
and the essentials in online trading. The internet is your best option in order to look out for handy
tips and guidelines that can equip you with appropriate knowledge about foreign exchange
trading. There are numerous websites to help you with the same.

The first step towards forex trading is starting your very own demo account. Activating a live
account is not recommended for beginners. This helps you understand the entire concepts and
know-how of forex trading online and gears you up to get into the trading market.

Placing a stop loss order is important in all deals for a beginner. This is because the potential loss
that could occur is drastically reduced here. The market does not work according to the user's
predictions and thoughts. Everything is tentative in online trading which makes the stop loss
order very significant. The online trading market rises and falls according to the situation of the
economy and an online trader should be well-prepared for unforeseen situations.

One can also opt for automated trading software or a robot of sorts for trading that takes care of
all your online trading transactions. But it is still advised not to rely on such automate software to
the fullest as results are not 100% guaranteed.

Forex trading can rake in high profits or result in major losses for a trader depending on the
strategies and approach he uses. Secure the most information you can about online forex trading
in order to be ready to go live into the market. So broaden your network, get updates regularly of
the current market position and begin smooth forex trading.
ESSENTIAL TIPS FOR SECURE ONLINE RADING:

The internet has caused a sensational boom in the business world by allowing individuals and
businesses to conduct online trading with customers all over the world. The most exciting aspect of
doing online trading is that it can be done from the comfort of your home. Unfortunately, just as in
real life, unscrupulous minds have soured the fun for everyone by engaging in the criminal activities of
internet fraud and theft of sensitive financial information of customers. Doing online business seems
like a daunting prospect to the uninitiated who has little or no knowledge of the basics of secure
trading. However, things are not as grim as they might seem. It is very easy to protect ourselves from
internet fraud by taking care to follow certain precautions when doing business online. One of the first
things to do before going ahead with a trade deal on the internet is to perform a background search
on the business you will be dealing with. Such information can be gleaned from the various credit
agencies and trade institutes. If still in doubt, you can also seek out information from the chambers of
commerce.

It’s always an excellent idea to ask as many questions as possible. Legitimate traders will be quite
eager to answer all your queries pertaining to their business and will even provide references on
demand. Since appearances can be very deceptive, don’t be fooled by a really attractive website into
believing that the company is honest. Be especially wary if the company provides only a fax number
and an email with no further contact information. Although scammers are found everywhere, be
especially suspicious of companies based in third world countries. Promises that seem too good to be
true are usually a sign that the company is very interested in getting their hands on your money. Only
go through with the deal after carefully verifying such a company’s authenticity from third parties.
Scammers usually try to entice buyers by posting items in great demand at ridiculously low prices.

Buyers should request a sample to judge the quality of the product and ensure that it meets their
needs. Sellers shouldn’t send samples to unknown buyers without asking for a small fee. If a buyer
requests to complete the transaction using multiple credit card numbers, it’s usually a sure sign that
the numbers are stolen. If you suspect that you have become a victim of fraud, try contacting your
trading partner through telephone to resolve the situation. Most traders are honest and may
inadvertently have given you the wrong information due to language and cultural differences. Beware
of traders who want to rush the trade. Legitimate traders are usually very patient and can wait a long
time before the deal is finalized. You can use this time to verify the true identity of the trader and ask
around to see if anyone has had bad experiences in dealing with this particular trader. If you get
defrauded even after following all the aforementioned tips of secure trading, it is best to notify the
relevant law enforcement authorities and hope that justice is served.

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579001.html"
 SUGGESTIONS

• Do not overtrade.

• Do not trade on rumors.

• Do not trade in all stocks of one sector.

• It's better to buy the wrong stocks at the right time than to buy the right stocks at the wrong
time.

• Trade with the trends rather than trying to pick tops and bottoms.
• As long as a market is acting right, don't rush to take profits.
• Don't buy something because it is low priced.
• Money cannot be made everyday from the markets.
• Avoid making average, when stock is coming down.
• Don't watch or trade too many stocks at once.

SOME SIGNIFICANT ONLINE TRADING SUGGESTIONS.

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The constituents of the Forex investor composing hit to do with progressing and semipolitical
standings such as adjustments to a country’s administration’s scheme organisation and practical
resolutions prefabricated by a country’s federal reserves. They as well allow some practical
pieces of

ONLINE TRADING:

The increasingly popular activity of buying and selling securities over the internet, or to
a lesser extent, through a broker's proprietary software.

What Does Online Trading Mean?

The act of placing buy/sell orders for financial securities and/or currencies with the use of a brokerage's
internet-based proprietary trading platforms. The use of online trading increased dramatically in the mid-
to late-'90s with the introduction of affordable high-speed computers and internet connections.
Stocks, bonds, options, futures and currencies can all be traded online.

Mutual Fund
A mutual fund is a company that brings together money from many people and invests it in
stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund
owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of
these holdings.

Definition of Bond
Bonds
can be defined as debt instruments yielding a fixed rate of return over a set period of time that can be traded in the
market like any other security.

security
Trading procedures
Most stock exchanges are auction markets, in which prices are determined by competitive
bidding. In very large, active markets, the auction is continuous, occurring throughout the day’s
trading session and for any security in which there is buying and selling interest. In smaller
markets the names of the listed stocks may be submitted in some form of rotation, with the
auction occurring at that time; this process is described as a “call market.”
Trading methods on all the exchanges in the United States are similar. In a typical transaction for
a security listed on the New York ... (100 of 8003 words)
A share of stock is basically a tiny piece of a corporation. Shareholders -- people who buy stock -- are investing in the
future of a company for as long as they own their shares. The price of a share varies according to economic
conditions, the performance of the company and investors' attitudes. The first time a company offers its stock for
public sale is called an initial public offering (IPO), also known as "going public."
When a business makes a profit, it can share that money with its stockholders by issuing a dividend. A business can
also save its profit or re-invest it by making improvements to the business or hiring new people. Stocks that issue
frequent dividends are income stocks. Stocks in companies that re-invest their profits are growth stocks.
 Brokers buy and sell stocks through an exchange, charging a commission to do so. A broker is simply a person who
is licensed to trade stocks through the exchange. A broker can be on the trading floor or can make trades by phone
or electronically.
An exchange is like a warehouse in which people buy and sell stocks. A person or computer must match each buy
order to a sell order, and vice versa. Some exchanges work like auctions on an actual trading floor, and others match
buyers to sellers electronically. Some examples of major stock exchanges are:
• The New York Stock Exchange, which trades stocks auction-style on a trading floor
• The NASDAQ, an electronic stock exchange
• The Tokyo Stock Exchange, a Japanese stock exchange
Worldwide Stock Exchanges has a list of major exchanges. Over-the-counter (OTC) stocks are not listed on a major
exchange, and you can look up information on them at the OTC Bulletin Board or PinkSheets.

When you buy and sell stocks online, you're using an online broker that largely takes the place of a human broker.
You still use real money, but instead of talking to someone about investments, you decide which stocks to buy and
sell, and you request your trades yourself. Some online brokerages offer advice from live brokers and broker-assisted
trades as part of their service.
If you need a broker to help you with your trades, you'll need to choose a firm that offers that service. We'll look at
other qualities to look for in an online brokerage next.
What Does Bull Mean?
An investor who thinks the market, a specific security or an industry will rise.

bull 20

Definition: an investor with an optimistic market outlook; an investor who expects prices to rise and
so buys now for resale later

What Does Bear Mean?

An investor who believes that a particular security or market is headed downward. Bears attempt to profit
from a decline in prices. Bears are generally pessimistic about the state of a given market.
stag

Definition

Stockmarket term for the investor who buys newly issued shares to sell them as soon
as trading in them begins, to make a quick profit.

What Does Lame Duck Mean?

A person who has defaulted on his or her debts or has gone bankrupted due to the stock market. The
financial use of the term is most commonly used in Europe.

LISTING OF SECURITIES
4. Listing of Securities
A company, desirous of listing its securities on the Exchange, shall be required to
file an application, in the prescribed form, with the Exchange before issue of
Prospectus by the company, where the securities are issued by way of a
prospectus or before issue of 'Offer for Sale', where the securities are issued by
way of an offer for sale. The company shall be responsible to follow all the
requirements specified in the Companies Act, the listing norms issued by SEBI
from time to time and such other conditions, requirements and norms that may
be in force from time to time and included hereafter in these Bye-laws and
Regulations to make the security eligible to be listed and for continuous listing on

Making Trades and Stock Frauds

Lots

A block of 100 shares of stock is called a round lot. Any other number of shares is an odd lot.
Before the development of electronic exchanges, many brokers charged a fee for trading in odd
lots.

Once you've opened and funded your account, you can buy and sell stocks. But before you do that, you want to get a
real-time stock quote to confirm the current price of the stock. Your brokerage may provide real-time quotes as part
of your service. Many free financial news sites offer delayed quotes, which are at least twenty minutes behind the
market. If the market is moving quickly, a delayed quote can be substantially different from the real trading price.
 Your browser does not support JavaScript or
it is disabled.

Once you've gotten your quote and decided you want to make a trade, you can choose to place a market order or a
limit order. A market order executes at the current market price of the stock. A limit order, however, executes at or
better than a price you specify. If the price doesn't reach the limit you set, your trade will not go through.
 Your browser does not support JavaScript or
it is disabled.

Some brokerages offer additional options, often used to prevent high losses when a stock price is falling. These
include:
• Stop order - A form of market order, this executes after the price falls through a point that you set. The order
executes at market price, not at the stop point.
• Stop limit order - These are like stop orders, but they execute at a price you set rather than market price. In rapidly
moving markets, the broker may not be able to execute your order at your set price, meaning that the stock you own
may continue to fall in value.
• Trailing stop order - Like a stop order, a trailing stop executes when the price falls through a point you set.
However, its selling price is moving instead of fixed. You set a parameter in points or as a percentage, and the sale
executes when the price falls by that amount. If the price increases, though, the parameter moves upward with it. So,
if a stock is trading at $20 per share, and you set a trailing stop order with a three-point parameter, your initial selling
price would be $17 per share. But if the price then increases to $25 per share, your new selling price would be $22
per sha
•
You must also select whether your order stays active until the end of the day, until a specific date or until you cancel
it. Some brokerages allow you to place "all or none" or "fill or kill" orders, which prevent a partial rather than complete
exchange of the stocks you want to trade.
Day Trading
You may remember stories of people becoming millionaires as day traders during the early days of online trading and
the tech stock bubble. Some people still use online brokerages to make their living as day traders. But capital gains
taxes, commissions and fees for trades can significantly reduce a day trader's profit. In fact, most new day traders
lose money for several months before they give up or learn to gauge the market well enough to make a profit.
Contrary to many people's perceptions, making trades online is not instantaneous, even if you're placing a market
order. It can take time to find a buyer or seller and to electronically process the trade. Also, even though you can
access your account and place buy and sell orders twenty-four hours a day, your trades execute only when the
markets are open. An exception is if your firm allows after-hours trading, which is riskier due to the reduced number
of trades taking place.
Online Stock Fraud
With erratic prices, corporate scandals and "market corrections," you may think you already have enough to worry
about when it comes to trading stocks. But there is one more important worry to add to the pile -- investment fraud.
Long before the days of online trading, a few unscrupulous brokers defrauded investors or absconded with their
money. Fraudulent firms known as boiler rooms have also employed brokers to make unsolicited phone calls to
investors, selling bogus or overvalued stock. People must evaluate their broker's ethics and judgment, and part of the
broker's job is to protect investors from fraudulent stocks.
Other Online Investments
In addition to buying and selling stocks, you can make a number of other investments online, depending
on what your online brokerage offers. Several firms allow investors to participate in IPOs. Some also allow
you to trade in:
• Options - contracts granting the right to buy or sell stock at a specific price on or before a specific
date
• Mutual funds - companies that combine many people's money and invest it in a variety of
companies
• Bonds - loans to companies or businesses that are repaid with interest
• Futures - agreements to buy or sell stock at a future date
 Most investment analysts consider options and futures to be the territory of experienced investors.
With online trading, though, people must research stocks on their own, deciding what to buy and sell without the help
of a broker or an investment planner. Fraudsters have taken advantage of this, leading to several notable methods of
defrauding investors. These include:
• Pump-and-dump schemes - People spread the word about a "sure thing" stock via online message boards, online
stock newsletters, email and other methods. The resulting interest in the stock drives up the price. The organizers of
the scheme sell their stocks for a huge profit, and then stop promoting it. The price plummets, and investors lose
money.
• Fraudulent IPOs - Some investors like IPOs because they provide a chance to "get in on the ground floor" and to
make a substantial profit. Some scammers, though, spread the word about an upcoming IPO for companies that
never intend to go public or that don't exist. Then, they abscond with investor' money.
• Fraudulent OTC stocks - Con artists promote stock in companies that do not exist or start a pump-and-dump
scheme for an OTC stock. After investors buy stock in non-existent companies, scammers simply take the money
and run.
• Fraudulent company information - Publicly traded companies have to release information about financial
performance. Overstating or misrepresenting a company's goals and achievements can drive up the stock price.

NSE

The National Stock Exchange of India (NSE) is India's largest securities exchange in terms of
daily trade numbers. It offers automated electronic trading of a variety of securities, including
equity, corporate debt, central and state government securities, commercial paper, CDs, and
exchange traded funds. The exchange has more than 1,000 listed members. Owned by more than
20 different financial and insurance institutions, NSE specializes in three market segments:
wholesale debt, capital market (automated screen-based trading system), and futures and options
(derivatives, the largest segment of the exchange). NSE started operations in 1994.

The National Stock Exchange (NSE), located in Bombay, is India's first debt market. It was set up in 1993 to
encouragestock exchange reform through system modernization and competition. It opened for trading in mid-1994. It
was recently accorded recognition as a stock exchange by the Department of Company Affairs. The instruments
traded are, treasury bills, government security and bonds issued by public sector companies.

The Organisation:
The National Stock Exchange of India Limited has genesis in the report of the High Powered Study Group on
Establishment of New Stock Exchanges, which recommended promotion of a National Stock Exchange by financial
institutions (FIs) to provide access to investors from all across the country on an equal footing. Based on the
recommendations, NSE was promoted by leading Financial Institutions at the behest of the Government of India and
was incorporated in November 1992 as a tax-paying company unlike other stock exchanges in the country.

NSE Group:
1.IndiaIndexServices& Products Ltd. (IISL)
2. National Securities Clearing Corporation Ltd. (NSCCL)
3. NSE.IT Ltd.
4. National Securities Depository Ltd. (NSDL)
5. DotEx International Limited

National Stock Exchange of India (NSE)

Definition
India's largest stock exchange. The exchange operates on an electronic market that
allows trades to be made on its automated system. The exchange was established in
1992 and has grown to be the country's largest securities exchange. NSE has created
several software programs and interfaces to assist investors with researching and
making transactions. Three of the largest market segments traded on the exchange
include wholesale debt, capital market, and derivates.

Derivative Trading
Derivatives are contracts that are based on or
derived from some underlying asset, reference rate, or index. The underlying asset can be securities, commodities,
bullion, currency, livestock or anything else. Generally, derivatives are contracts to buy or sell the underlying asset at
a future date, with the price, quantity and other specifications defined today.

Types of Derivatives
Derivatives can be classified into six types: Futures, Options, Swaps, Leaps, Baskets, Swaptions. But Futures and
Options are two major forms of derivative trading.
Futures: A future contract involves agreement between two parties to exchange any asset or currency or commodity
for cash at a certain future date, at pre-determined price. It takes place only in organized future markets and
according to well established standards.

Options: An option gives the buyer the right but not the obligation to buy or sell something in the future. An option
gives the holder the right but not the obligation to buy or sell something in the future. There are two types of Options:
put and call. A put option is one which gives holder he right to sell at particlar number of shares (or any other
commodity) at a given price, where as a whereas a call option gives you the right to buy the shares in the a finite
predetermined period of time and at a predetermined price. Typically, you would buy call options if you expect the
price of the underlying stock to rise, and you would buy put options if you expect the price of the stock to decline.

With Securities Laws (Second Amendment) Act 1999, Derivatives has been included in the definition of Securities. As
per the Act a Derivative includes:

• A security derived from a debt instrument, share, loan, whether secured or unsecured, risk instrument or
contract for differences or any other form of security;

• A contract which derives its value from the prices, or index of prices, of underlying securities
Derivative trading in India can take place either on a separate and independent Derivative Exchange or on a separate
segment of an existing Stock Exchange. Derivative Exchange/Segment function as a Self-Regulatory Organization
(SRO) and SEBI acts as the oversight regulator.
Answ There are 2 types of 0 Neha
er derivatives 1.Financial
# 3 derivatives &
2. Commodity Derivatives
Commodity derivatives the
underlying instruments is a
commodity which may be sugar,
cotton, copper, gold, silver.
& Financial Derivatives the
underlying instruments is
stock, bond, foreign exchange.
Financial Derivatives further
divided into 2 types 1.basic
2.Complex.
1.Basics 4 parts 1. Forward 2.
Future 3.Option 4. Warrents
& Convertibles 2.Complex 1.swap
2.exotics

The advantages of online trading:

• You have the ability to manage your own stock portfolios
 • You will have more control and flexibility over the types of transaction you choose to
conduct
• The commission costs for trading are significantly less money than using the services of a
professional broker
• You can get access to lower fee mutual fund investments
• Online brokerage firms tend to offer their clients a slew of tools included real-time Level
2 stock quotes, news, financial tools and graphs to help you do research
• Some online brokerages will provide their clients to free access to high quality research
reports created by Standard and Poor and other predominate financial players
• Online account investors have access to their accounts 24/7 – although market hours
(trading hours) are from 9:30am to 4pm
• As long as you have access to a computer and the internet, you can take steps to manage
your finances wherever you may be
The disadvantages of online trading:
• First time investors may get sucked into all the technology and may temporarily forget
that they are actually using real money
• There is no mentoring relationship between a professional broker and an online trading
account holder, leaving the investor out on his/her own to make choices
• Novices not familiar with the ins and outs of the brokerage software can make costly
mistakes
Like any financial strategy, committing yourself to online trading takes research and dedication
to make sure everything is up to par. By taking the time to do your research you will be able to
overcome a great learning curve and even possibly make some money from online trading.

CHAPTER-2
HISTORY OF ICICI
ICICI Bank (NSE: ICICIBANK, BSE: 532174, NYSE: IBN) (formerly Industrial Credit and
Investment Corporation of India, Hindi: आय सी आय सी आय बैक ) is a major banking and
financial services organization in India. It is the second largest bank in India [3] and the largest
private sector bank in India by market capitalization. The bank also has a network of 2,016
branches (as on 31 March 2010) and about 5,219 ATMs in India and presence in 18 countries,[2]
as well as some 24 million customers (at the end of July 2007). ICICI Bank offers a wide range
of banking products and financial services to corporate and retail customers through a variety of
delivery channels and specialization subsidiaries and affiliates in the areas of investment
banking, life and non-life insurance, venture capital and asset management. (These data are
dynamic.) ICICI Bank is also the largest issuer of credit cards in India.[4] ICICI Bank's shares are
listed on the stock exchanges at BSE, NSE, Kolkata and Vadodara (formerly Baroda) ; its ADRs
trade on the New York Stock Exchange (NYSE).
The Bank is expanding in overseas markets and has the largest international balance sheet among
Indian banks. ICICI Bank now has wholly owned subsidiaries, branches and representatives
offices in 19 countries, including an offshore unit in Mumbai. This includes wholly owned
subsidiaries in Canada, Russia and the UK (the subsidiary through which the HiSAVE savings
brand[5] is operated), offshore banking units in Bahrain and Singapore, an advisory branch in
Dubai, branches in Belgium, Hong Kong and Sri Lanka, and representative offices in
Bangladesh, China, Malaysia, Indonesia, South Africa, Thailand, the United Arab Emirates and
USA. Overseas, the Bank is targeting the NRI (Non-Resident Indian) population in particular.
THE PROCEDURE OD ONLINE TRADING IN ICICI

ICICI Bank provides ICICI Online Trading through its dedicated portal called ICICIdirect.com, which allows you to
undertake online trading from the comfort of your home or from anywhere else, as long as you have access to the
Internet.

To avail yourself of the products and services on offer by ICICI Online Trading, you first need to open an online
account at www.icicidirect.com. Once you have furnished the necessary information and have opened your account,
you can enjoy the following benefits:

• Your ICICI direct account will integrate your bank account, Demat account, and investment account. Once
you undertake a transaction online, the software will check your accounts for the requisite funds and submits
your request online. Your bank and Demat accounts will be adjusted accordingly.

• You no longer have to fill up elaborate forms, write checks regularly, follow up with your broker, or stand in
long queues.

• Your investments are undertaken at lightning-speed!

• Your transactions are protected online by appropriate technological security.

The website will provide you with abundant information and content on mutual funds, stocks, bonds, and other
investments so that you can invest wisely.

Trading in shares:

If trading in shares is your main activity, you can undertake the following on ICICI Online Trading:

• Cash trading

• Margin Trading

• BTST (Buy today sell tomorrow)

• Margin Plus trading

• Spot trading
 • CallNTrade©

• Trading on NSE/BSE

• Limit Order

• Market Trading

•
ICICI provides various products and services which are listed below:
• Equity: The company provides several equity trading options such as Cash trading, Margin
trading, Margin Plus trading, Spot trading and many more.
• Derivatives: It also offers options for trading in Futures and Options and get higher leverage
through FuturePlus.
• Investment Planning: ICICI Direct offers better plans and opportunity for investors.
• Mutual Funds: Invest in a top rated scheme from a wide variety of mutual fund plans offered
by the company.
• Life Insurance: With a wide variety of insurance products, the company works to secure the
future of the customers.
• General Insurance: Customers can get general insurance that will provide coverage for
health, motor, home and travel.
• Fixed Deposits: Customers can get low risk deposit schemes including company bonds, fixed
deposit and government schemes.
• Loans: The Company also offers home loan, auto loan, tax services, and eLockers to
safeguard your top secret documents
ICICI provides 3 online trading options and these are listed below:
• Share Trading Account: This account is specially for buying and selling stock in BSE and
NSE. It allows customers with cash trading, Margin Trading, MarginPLUS Trading, Spot
Trading, Buy Today Sell Tomorrow and Call and Trade on phone.
• Wise-Investment account: This account provides option to invest in mutual funds and
bonds along with stock trading and IPO investing in BSE and NSE. ICICI Direct provides
different options while investing in Mutual Funds such as Purchase Mutual Fund, Redemption
and switch between different schemes, Systematic Investment plans, Systematic withdrawal
plan and transferring existing Mutual Funds in to electronic mode. This account also offers the
option to invest in Government of India Bonds and ICICI Bank Tax Saving Bonds.
• Active Trader Account: This account provides more personalized options of stock and
trading for the Investors. It also offers independent market expertise and support through a
dedicated Relationship Manager from ICICI.

Advantages of ICICI Direct:

• The best feature of ICICI direct is the 3 in 1 concept which integrates the your bank account
with Brokerage and Demat account. This feature make the trading and stock environment
much easier.
• you can manage your own demat and bank accounts through ICICIdirect.com at ICICI Direct
unlike other trading companies.
• Investment online in IPOs, Mutual Funds, GOI Bonds, and Postal Savings Schemes all from
one website. General Insurance is also available from ICICI Lombard.
• Trading is available in both BSE and NSE.
Sign up process in ICICI Direct:
If you already have an account, you can sign in with your ID and password.
For Online Stock Trading with ICICI, investor needs to open 3 accounts…ICICI Bank Account, ICICI
Direct Trading Account and ICICI Demat Account (DP Account).
Opening trading account with ICICI is easy. You could use one of the following options to open
account with ICICIDirect.
• Visit link provided below and fill the “Open an Account” form.
• Call ICICI and tell them that you are interested in opening an account with them.
In both the cases ICICI representative will contact you in a day or two and tell you about the
procedure to open the account. They usually send somebody to your home to collect documents,
signature and for demo if required.
<ICICI Direct>
Important: If you already have a bank account or demat account with ICICI, you could link it with
new ICICIDirect trading account.
Account fee and brokerage fee:
• To open an account the fee is 750 and is nonrefundable
• Generally the brokerage fee varies on the basis of volume of trade and inclusive of demat
transaction charges, service taxes and courier charges for contract notes. It ranges from 0.1%
to 0.15% for margin trades, 0.2% to 0.425% for squared off trades and 0.4% to 0.85% on
delivery based trades

Open an Account

To help us get in touch with you we need this information. Also through this window you will be required to create your own
login name & password which you will use for trading, once your account is opened.
*indicates Mandatory Fields

Share Trading Account The Investment Account Overseas Trading Currency Derivatives

Trade Racer Account

Name
*First Name Middle Name *Last Name

Personal Details

*Current Residential
:
Address
 Select City

*City : Others :

*PinCode :

*State :
India

*E-mail ID : @

*Mobile :

*Have you filled account opening form ? :

Yes No

To create your own Login id

Create your own user-id and password by giving details below. Please note that you can trade through icicidirect.com ONLY by using the
same user id and password that you have filled in below.
Please note that in this case a seperate PIN (Personal Identification Number) mailer containing a password will NOT be mailed to you.

User ID :

Password :

Confirm Password :

*Write the characters in the image above :

ICICI Demat Account

ICICI Demat Account is one of the most attractive personal banking products offered
by the bank. ICICI Bank demat services are made available to more than 16.80 lacs
customers as per the estimate made on 28th February 2010. The bank further
continues to enhance their services with constant efforts. Opening an ICICI Bank
demat account will allow you to enjoy a number of hassle free services. You can
transfer securities anyplace at anytime through Internet and Interactive Voice
Response. You can receive your account statement and monthly bills through
emails. Moreover, the bank allows you to track your bonus, dividend and interest with
the help of your demat account statement.
ICICI Demat Account Opening
In order to open a demat account with ICICI Bank, you are first required to download
the demat account opening form from the official bank website and submit it at ICICI
branches that offers demat services. You can also visit the bank branches directly to
open your demat account. There are no charges for opening the account with the
bank however; a nominal services fee may be levied on the applicants. One can opt
to open Standard Rate Card account or Frequent Trader Card as per their trading
volume. In case if the customer wish to hold his bonds in demat form then he can
choose to apply for Bond Rate Card. To open an NRI demat account at the bank, no
approval from Reserve Bank of India is required. However, it is necessary for the NRI
customers to submit their Passport and Visa Copy to open a Depository Participant
Account at ICICI Bank.
ICICI Bank Demat Account Login

Existing customers can link their demat account to internet banking account in order to get online access to their demat account. They can use the
same internet banking user ID and password to login to their demat account after linking them. On the other hand, one can simply download the
registration form and submit it to get online access to the demat account. Making online demat account login enables the customer to get a number of
account details without any hassle. Customers can now view transactions in their account for the last 15 days. Several types of transactions such as
Specific Data Range, Specific ISIN, Specific Account Type, Specific Transaction Type and Specific Counter Party can also be viewed.

Type of Account
ICICIDirect offers 3 different online trading platforms to its customers:
1. Share Trading Account
Share Trading Account by ICICIDirect is primarily for buying and selling of stocks in
BSE and NSE.
This account allows Cash Trading, Margin Trading, MarginPLUS Trading, Spot Trading,
Buy Today Sell Tomorrow and Call and Trade on phone.
ICICIDirect.com website is the primary trading platform for this trading account. They
also provide installable application terminal based application for high volume trader.
2. Wise Investment Account
Along with stock trading and IPO investing in BSE and NSE, Wise Investment account
also provide options to invest in Mutual Funds and Bonds online.
Online Mutual funds investment allows investor to invest on-line in around 19 Mutual
Fund companies. ICICI Direct offers various options while investing in Mutual Funds
like Purchase Mutual Fund, Redemption and switch between different schemes,
Systematic Investment plans, Systematic withdrawal plan and transferring existing
Mutual Funds in to electronic mode. This account also provides facility to invest in
Government of India Bonds and ICICI Bank Tax Saving Bonds.
ICICIDirect.com website is the primary tool to invest in Mutual Funds, IPOs, Bonds and
stock trading.
 3. Active Trader Account
Active Trader account gives more personalized investment options to the investors. It
allows investor to use online and offline stock trading. It also provides with independent
market expertise and support through a dedicated Relationship Manager from ICICI.
Active Trader also provides commodity trading.
Brokerage and fees
1. Account opening fees : Rs 750/- (One time non-refundable)
2. Brokerage : ICICIDirect.com brokerage varies on volume of trade and inclusive of demat transaction
charges, service taxes and courier charges for contract notes. It ranges from 0.1% to 0.15% for margin
trades, 0.2% to 0.425% for squared off trades and 0.4% to 0.85% on delivery based trades.
Check latest rates at: http://content.icicidirect.com/mailimages/feeschedule.htm

How to open account with ICICIDirect?

For Online Stock Trading with ICICI, investor needs to open 3 accounts...ICICI Bank Account,
ICICI Direct Trading Account and ICICI Demat Account (DP Account).

Note: If you already have a bank account or demat account with ICICI, you could link it with
new ICICIDirect trading account.

Opening trading account with ICICI is easy. You could use one of the following options to open
account with ICICIDirect.
• Visit ICICIDirect.com and fill the "Open an Account" form.
• Call ICICI and tell them that you are interested in opening an account with them.
In both the cases ICICI representative contact you in a day or two and tell you about the
procedure to open the account. They usually send somebody to your home to collect documents,
signature and for demo if required.
Advantages of ICICIDirect
1. 3-in-1 account integrates your banking, broking and demat accounts. All accounts are from ICICI and very
well integrated. This feature makes ICICI the most interesting player in online trading facility. There is
absolutely no manual interfere require. This is truly online trading environment.
2. Unlike most of the online trading companies in India which require transferring money to the broker's pool or
towards deposits, at ICICIDirect you can manage your own demat and bank accounts through
ICICIdirect.com. Money from selling stock is available in ICICI bank account as soon as the ICICIDirect
receive it.
3. Investment online in IPOs, Mutual Funds, GOI Bonds, and Postal Savings Schemes all from one website.
General Insurance is also available from ICICI Lombard.
4. Trading is available in both BSE and NSE.

Disadvantages of ICICIDirect
1. Getting access to ICICIDirect.com website during market session can be frustrating.
2. ICICIDirect brokerage is high and not negotiable.
3. Not all stocks are available under Margin Plus.

Useful links about ICICIDirect

1. Website: http://www.ICICIDirect.com
2. Product Demo: http://content.icicidirect.com/mailimages/indexpage.html
3. FAQs: http://content.icicidirect.com/indexfaq.asp