Traders these days have a lot of options from which they can choose their brokers, however after opening an account you may be not be happy with your existing broker and might want to shift to another broker, in this case you would have to transfer your holdings from your […]
What is a Spread Order?
A Spread Order is a combo order used for rolling over future positions from one expiry to another in the stock markets. Suppose somebody has a buy open position in Nifty futures contract expiring on the last Thursday of the month. On or before the expiry date, if he wishes to carry […]
Understanding RMS Rejections While Placing Orders & Samco
Understand RMS ejections while placing orders. At times, your orders may get rejected due to some reason & the reason shown by the system reads like gibberish. We understand that it can be frustrating & you can potentially lose out on a trade while on the phone with our customer […]
What is Family Admin Feature in Samco Star Back Office?
We frequently come across families that trade & invest together in sync with each other. A common inconvenience they faced is tracking multiple portfolios with the same scripts bought at different times, different prices & through different accounts. Tracking your portfolio becomes a lengthy process, and at SAMCO we hate […]
What is Delivery Trading and Equity Delivery Brokerage
What is Delivery Trading? In India, “Delivery Trading” stands for taking or giving delivery of Shares in the DEMAT Account. A Delivery trade happens when a trader buys or sell shares & does not square off the position on the same day. These transactions are settled as per the T+1 […]
How to transfer funds to your Samco Trading account?
For anyone to start trading or to add more capital, they need to add funds to their trading account. Funds have to be transferred through the bank account linked to your trading account via UPI/ Payment Gateway/ NEFT/ RTGS/ IMPS or via Cheque in favor of Samco Securities. Gone are […]
What is Commodities Transaction Tax (CTT)?
Meaning of CTT or Commodity Transaction Tax The CTT Tax or Commodities Transaction Tax is levied on Trades made on Commodities Exchanges akin to Securities Transaction Tax – STT on Equity Trades. It is a tax payable to the Central government by commodity traders and therefore classified as a regulatory […]
What are Brokerage Charges?
While all Traders & Investors transact on Stock Exchanges in India such as Bombay Stock Exchange, National Stock Exchange or on Commodity Exchanges such as Multi Commodity Exchange, they cannot do so directly. Let’s take an example: Mr.Ram is a new Investor. He wishes to buy shares of Reliance. He […]
What is an IPO? Advantages and Disadvantages of an IPO
Definition of IPO An Initial Public Offering (IPO) is the first time that the stock of a private company is offered to the public to purchase. IPO’s are often issued by smaller companies seeking more capital, but they can also be done by large private firms looking to be publically […]
Exchange Transaction Charges for NSE, BSE and MCX while trading in India
Stock Exchanges in India are privately owned Businesses. As is the objective of any business, stock exchanges also exist to earn profits. Their most significant source of Income comes from the Exchange Transaction Charges. Simply put, the exchange takes a small charge on the turnover from every trader or Investor […]
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