This page contains important information regarding the privacy policy which apply to your trading and demat account with Choice Trade Security Broking , Choice Trade Security Broking Commodities (hereinafter referred to as Choice Trade Security Broking)
The Terms & Conditions given below are in favor of Client and we expect that Client will follow the same for better understanding and security. This is the sole responsibility of the Client that he/she should aware all the given circumstances and follow the advice given therein.
All orders for purchase, sale or other dealings in securities and other instructions routed through the Choice Trade Security Broking’s Online Trading System via the Client’s Username shall be deemed to have been given by the Client.
The client agrees to provide information relating to customer user identification number, and such other information as may be required while placing orders on the telephone to determine the identity of the client.
The orders and instructions and all contracts and transactions entered into pursuant thereto and the settlement thereof will be in accordance with the Exchange/SEBI Provisions.
The client agrees Choice Trade Security Broking may impose scripwise surveillance or such other conditions as to scripwise limits, etc. The client also understands that Choice Trade Security Broking may impose various surveillances which may differ from client to client on the basis of the Choice Trade Security Broking’s risk perception and other factors considered relevant by Choice Trade Security Broking.
The client agrees that all orders placed through the website shall be forwarded by the system to the Exchange. All orders placed otherwise than through the website shall be forwarded by the system to Exchange terminals or any other order execution mechanism at the discretion of Choice Trade Security Broking. In the event that the order is placed during the trading hours, it shall be routed to and executed on the market system.
Online confirmation will be sent to the client by electronic mail or SMS after the execution of the order, trade and this shall be deemed to be valid delivery thereof by Choice Trade Security Broking. It shall be the responsibility of the client to review immediately upon receipt, whether delivered to him by electronic mail or any other electronic means all confirmations of order, transactions, or cancellations. It shall be the responsibility of the client to follow up with Choice Trade Security Broking for all such confirmations that are not received by him within a stipulated time.
The client shall bring any errors in any report, confirmation or contract note of executed trades (including execution prices, scripts or quantities) to Choice Trade Security Broking’s notice in writing by an electronic mail, SMS or telephone within twenty four hours of receipt of the concerned report, confirmation or contract note.
Any other discrepancy in the confirmation or account shall be notified by the client to Choice Trade Security Broking in writing via electronic mail or SMS or telephone within twenty four hours from the time of receipt of the first notice. In all cases, Choice Trade Security Broking shall have a right to accept or reject the client’s objection.
Choice Trade Security Broking may, at its sole discretion, reject any order placed on the website or in any other manner due to any reason, including but not limited to the non-availability of funds in the trading account of the client, non-availability of securities in the Demat account of the client with a designated depository participant, insufficiency of margin amount if the client opts for margin trading, suspension of scrip- specific trading activities by or on an Exchange and the applicability of circuit breaker to a scrip in which orders are placed.
The client is aware that the electronic trading systems either at the Exchange or in the office of Choice Trade Security Broking offices are vulnerable to temporary disruptions, breakdowns or failures. In the event of non- execution of trade orders or trade cancellation due to the happening of such events or vulnerabilities due to failure / disruption / breakdown of system or link or any reason which relates to technical failures, Choice Trade Security Broking shall be entitled to cancel relative request/(s) with the Client and shall not be liable to execute the desired transactions of the client’s. In such event, Choice Trade Security Broking does not accept responsibility for any losses incurred / that may be incurred by the Client due to such eventualities which are beyond the control of Choice Trade Security Broking.
The client agrees to abide with and be bound by all the rules, regulations and bye-laws of the Exchange/SEBI, as are in force pertaining to the transactions on his behalf carried out by Choice Trade Security Broking and the orders placed by him on the website or any other manner.
Choice Trade Security Broking may allow/disallow client from trading in any security or class of securities, or derivatives contracts and impose such conditions including scrip-wise conditional trading for trading as it may deem fit from time to time.