Central Government has simplified the collection of Stamp Duty process. A uniform Stamp Duty rate shall be charged across the states in stocks, derivatives, currencies and commodities. Collection shall be through Exchanges and Clearing Corporations. Earlier to this, the Stamp Duty was charged at the rate specified by your state government. We as broker used […]
As you know, we provide cash to collateral benefit in the ratio of 40:60 for derivative positions. For the purpose of payment to the Exchange, the ratio has to be 50:50. That means, 10% shortfall of cash component is funded by Trade Smart. Kindly note, there is a cost involved for maintaining the margin requirement […]
At TradeSmart, we want to assure all our clients that your securities are safe with us. Steps in place at TradeSmart to ensure security of clients shares Client securities at all times are kept in client’s demat account. We do not keep client’s securities in our pool account. We ensure that all communication regarding any […]
EquiMax facility is been suspended from 22-09-2017 till further notice. EquiMax is a product which provide exposure in equity delivery, where in you get upto 4 times exposure in delivery. Please refer our Trade Smart Online Blog for more information.