Name of the Organisation : Bombay Stock Exchange (bseindia.com)
Type of Facility : How to invest Stock Market in BSE
Home Page : http://www.bseindia.com
Bombay Stock Exchange Limited, established in 1875 as the “Native Share and Stock Brokers’ Association” is one of the oldest stock exchanges in Asia.
1. These are some of the safeguards the investors should keep in mind before trading in the securities market.
** Selecting a Broker/ Sub – Broker
** Deal only with a SEBI registered Broker / Sub – broker after due diligence. Details of the BSE Brokers can be obtained from the Member’s List published by BSE and from the website
2. Entering into an Agreement :
** Fill in a Client registration form with the Broker / Sub – broker
** Enter into Broker / Sub – broker – Client Agreement. This agreement is mandatory for all investors for registering as a client of a BSE Trading Member. Ensure the following before entering into an agreement
Carefully read and understand the terms and conditions of the agreement before executing the same on a valid stamp paper of the requisite value
3. Transacting :
** Specify to the Broker / Sub – broker, the exchange through which your trade is to be executed and maintain separate account for each exchange.
** Obtain a valid Contract Note from the Broker / Sub-broker within 24 hours of the execution of the trade.
4. Ensure that the Contract Note contains :
** SEBI registration number of the Trading Member/ Sub – broker
** Details of trade such as, Order no, trade no., trade time, quantity, price, brokerage, settlement number, details of other levies.
** Trade price should be shown separately from the brokerage charged.
** The maximum brokerage that can be charged is Rs.0.25 per share/debenture or 2.5% of the contract price per share / debenture whichever is higher.
5. Settlement :
** Ensure delivery of securities /payment of money to the broker immediately upon getting the Contract Note for sale / purchase but in any case, before the prescribed pay-in-day.
** Member should pay the money or securities to the investor within 24 hours of the payout.
** Open a demat account.
** Opt for buying and selling shares in demat form.
BSE Investor Service Centre, Delhi
BSE Investor Service
BSE Limited
15th Floor, Dr. Gopal Das Bhawan
28 Barakhamba Road,
Connaught Place
New Delhi – 110 001.
Do’s :
** Always deal with the market intermediaries registered with SEBI / stock exchanges.
** Collect photocopies of all documents executed for registration as a client, immediately on its execution. Ensure that the documents or forms for registration as Client, are fully filled in.
** Give clear and unambiguous instructions to your broker / agent / depository participant.
** Always insist on contract notes from your broker. In case of doubt in respect of the transactions, verify the genuineness of the same on the BSE website.
Dont’s :
** Don’t deal with unregistered brokers / sub – brokers, or other unregistered intermediaries.
** Don’t execute any documents with any intermediary without fully understanding its terms and conditions.
** Don’t deal based on rumours or ‘tips’.
** Don’t fall prey to promises of guaranteed returns.
** Don’t forget to take note of the risks involved in an investment.
Application Form Download here : www.indianjobtalks.in/uploads/6749-Application%20form_sor.doc
Registration Form Download here : www.indianjobtalks.in/uploads/6749-Registration%20Form%20vispi%2003082011.pdf
See more details get here : http://www.bseindia.com/#investors