Sensex

Friday, March 30, 2012

Fw: Restriction on funds movement between various market segments



Sharekhan
Dear Customer,

Greetings of the day and thank you for your continued support and patronage of our trading services!

We write to update you of the recent regulatory changes, wherein fund movement /transfers between all Commodity and Equity segments will be discontinued effective April 01, 2012.

Thus going forward, funds available in either market segment(s) of your Sharekhan trading account(s) can be moved /transferred only to your bank account and then in turn will have to be re-deposited /transferred to your trading account in order to complete margin obligations /take fresh positions.

We will soon be enabling all our online partner banks available in the Equity segment for fund transfers in the commodities segment to minimize hindrances to your trading activity. Banks not available for online transfers will have to temporarily use alternative means of transfers such as NEFT and RTGS till such time we partner with them.

However we request you to note that Intersegment transfers between the below mentioned segments would still continue as before.

Securities Segment
BSE- Equity and Futures & Options
NSE- Equity, Futures & Options and Currency Segment
MCX SX-Currency Segment
IPO and Mutual Fund
Commodities Segment
MCX
NCDEX
National Spot Exchange
   

Request you to maintain adequate margins individually in each of these market segments you wish to trade in.

Feel free to call our customer service desk at 1800-22-7500 /39707500 or write us at myaccount@sharekhan.com in case of any queries. Alternatively you could also get in touch with your nearest Sharekhan shoppe.

We look forward to a long and pleasant association.

Warm regards,
Team Sharekhan
Registered Office: Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. Tel: 022 - 61150000. Sharekhan Ltd.: SEBI Regn. Nos. BSE Cash-INB011073351; F&O-INF011073351; NSE - INB/INF231073330; CD - INE231073330; MCX Stock Exchange: CD - INE261073330; United Stock Exchange: CD - INE271073350; DP: NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004; PMS INP000000662; Mutual Fund: ARN 20669. Commodity trading through Sharekhan Commodities Pvt. Ltd.: MCX-10080; (MCX/TCM/CORP/0425); NCDEX -00132; (NCDEX/TCM/CORP/0142); National Spot Exchange Ltd :12790; for any complaints email at igc@sharekhan.com ;
Disclaimer: Client should read the Risk Disclosure Document issued by SEBI & relevant exchanges and Do's & Don'ts by NCDEX, and the T & C on www.sharekhan.com before investing.