Online Trading

BEFORE YOU BEGIN TRADING
  1. Please go through the E-Trading Schemes offered by us.
  2. Depending upon your trading profile, please select the scheme you wish to enroll for.
  3. Please send your interest in Online Trading by sending us the mail in that respect.
  4. You can download the Account Opening Form. Please read all instructions, fill up the form fully and sign it. Courier to us the hard copy of the same along with documents and an initial DD of Rs. 2,500/- in favour of ‘Crosseas Capital Services’ payable at Mumbai towards the Software Charges.
  5. You can also download the e-trading software in your computer (Windows XP or 2000). This software needs to be installed in the computer from which you desire to trade. You can keep this software in as many machines as you wish but you will be allowed to actually log in from any one computer only. There are no charges for download of software. Software chargers are payable before commencement of ‘live trading’.
  6. If you do not have one already, kindly open the bank account either with UTI Bank or ICICI Bank Ltd, for electronic movement of funds.
  7. After receipt of the Client Registration Form / Documents duly executed, along with a DD of Rs. 2,500/, we shall send you the stamped agreements to be executed by you. Send back the agreement duly executed.
  8. It is important that you read the risk disclosures / member client agreement fully to understand all the risks / terms and conditions properly before signing.
  9. You will then need to transfer Margin money into our Bank a/c. Please keep in mind minimum margin requirements. We will give you trading limits based on margins received.
  10. After confirmation of receipt of above and realization of payments, we shall send you your LOGIN ID and PASSWORD.
  11. You are all set now. HAPPY & PROSPEROUS TRADING !
  12. We are there to help you, so please call for any clarifications on 022-24825700. Look up our organization chart in the CONTACT US window for whom to talk to for various matters.

Important : Offline order routing facility is available in case of breakdown in your Internet Trading facility. Please contact our dealing room 222-24825714 in case you have positions, which need to be liquidated. Keep these numbers handy. We shall ordinarily not accept fresh (new position) orders offline.

GENERAL INFORMATION FOR MAINTAINING YOUR ACCOUNT
  1. Contract notes are generated on a daily basis and sent to you as Digitally signed Electronic Contract Notes (ECN) via E-mail. Please take time to go through the contract note. In case of any discrepancy, you have to inform us within 24 hours of receipt of contract, failing which the contract will be deemed accepted as it is.
  2. Based on your overnight positions, a Margin Report is generated and it is available to you on our site in the BACK OFFICE window. In case your margin money is fully utilised, you may need to pay additional margins. Then only your trading limits will be restored /enhanced as the case may be. Remember, failure to pay margins on time will give us authority to square off your positions at your risk.
  3. We advise that you keep some additional funds ready, should you need to transfer for smooth and uninterrupted operation of your account.
  4. Daily Bills and Account Ledgers are available to you on our site in the BACK OFFICE window. Please check them at regular intervals for correctness.
  5. Access to the BACK OFFICE window is through login id and password. Your client code is both your Login ID and Password. You may change it at your convenience.
  6. We are there to help you, so please call for any clarifications on 022-66359533. Look up our organization chart in the CONTACT US window for whom to talk to for various matters.
CASH MARKET TRADING
  1. We do allow cash market e-trading for selected clients. Please contact us by email for your requirements.