Dabba Trading
Dear Investor,
In order to enhance investor awareness, transparency and ease of access to information relating to securities holdings, the Depositories (CDSL/NSDL), in co-ordination with SEBI, have upgraded their respective investor applications (link of mobile application mentioned below) providing a consolidated, bird’s eye view of investors’ holdings in securities markets.
The salient features of the applications are as follows:
We urge you to download the applications from the links given below and take benefits of the applications.
https://apps.apple.com/in/app/cdsl-myeasi-app/id6737304195
https://play.google.com/store/apps/details?id=com.cdsl.myeasi
https://apps.apple.com/in/app/nsdl-speede-app/id922834763
https://play.google.com/store/apps/details?id=com.msf.NSDL.Android
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
Dear Clients,
NSE Vide its circular dated July 06, 2022 has informed the trading members to carry out due diligence of all those clients wishing to trade in derivative segment of the Exchange more specifically in the Options segment to avoid any kind risk/threat that may occur as the derivative Products are not designed for general Public whose Income does not support the trade Position in Options.
Further in line with this circular all clients trading in derivative segments are informed to kindly update your financial details/income with us so as to avoid disallowance of trading in derivative Products.
Our compliance department will analyse the Income details with the turnover and in case of any serious deviation your account will be blocked for trading in derivative Products and it will be at the sole discretion of Gee Bee Securities Pvt. Ltd.
Further Please also note that following actions needs your attention at all times and request you to desist from following activity to ensure smooth Operations of your trading account maintained with us.
Sharing of trading credentials – login id & passwords including OTP’s.
Trading in leveraged products like options without proper understanding, which could lead to losses
Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks
Dealing in unsolicited tips through WhatsApp, Telegram, YouTube, Facebook, SMS, calls, etc.
Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.
For your necessary action and Information.
Gee Bee Securities Pvt. Ltd.
Compliance Department
Investors are advised to remain cautioned from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc.
Investments in securities market are subject to market risks; read all the related documents carefully before investing.
Stock Broker can accept securities as margin from clients only by way of margin pledge in the depository system w.e.f. September 01, 2020.
Update your email id and mobile number with your depository participant and receive OTP directly from depository on your email id and/or mobile number to create margin pledge.
Client’s consent through OTP (One Time Password) for all off market transfer including inter depository transfer (IDT) has become mandatory with effect from November 1, 2020.
Effective from January 9, 2020, all off-market transfers with reason codes ‘sale’ and ‘Commercial Paper Issuance’ shall be executed only after remitting stamp duty in NSDL Account.
Prevent unauthorized transactions in your account ---Update your Mobile Number and Email ID with your Stock Broker and Depository Participant. Receive information of your transactions directly from Stock Exchange and Depository on your Mobile/Email at the end of the day.
All clients are requested to update their email id for electronic despatch of contract note and statement. In case of electronic contract note, the link/login for the same is available on website for download.
ASBA has been made mandatory payment mechanism for all investors including retail investors for all public issues opening on or after Jan 1, 2016.
Check your Securities/MF/Bonds in the Consolidated Account Statement issued by NSDL/CDSL every month.
..........Issued in the interest of Investors"
“As per SEBI circular SEBI/HO/MIRSD/FATF/P/CIR/2023/0144 dated August 11, 2023, clients whose KYC status is not found validated by the KRAs, such PANs shall not be allowed to transact further in securities market till such a time their KYC is validated by KRA. This step is crucial to maintaining the integrity and security of the market and ensuring that all trading activities are conducted in a transparent and compliant manner.
It may be noted that the Exchange provides a list of PANs & their respective UCCs whose KYC validation status has either been "On Hold" or "Rejected" by the KRAs for various reason. This is done with a view to facilitate to either get the PAN validated at KRA end, or to square off the open positions, if any, within the timelines specified in the circular. However, at the end of the timeline provided, in case the status of these PANs remains the same at the KRA end, such clients are neither permitted to trade on the Exchange nor allowed to square off their open positions.
It has been observed that due to a lack of clear information or guidance, the non-compliant clients (as per KRA) are unable to complete the validation process, leading to their KYCs remaining inactive.
To assist such clients in understating their KRA status and to guide them on how to get their KRA status validated, the following needs to be done:
Please go through the following links to get current status on your KYC
https://www.cvlkra.com/
https://kra.ndml.in/kra-web/jsps/pos/KYCClientInquiry_NEW.jsp
Please give your PAN and check the KYC status. In case, same is not validated please feel free to contact Sourav Agarwal on 40070831 or mail us to geebeesec@yahoo.com.
We will be happy to assist you.
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The content of the website cannot be copied, reproduced, republished, uploaded, posted, transmitted or distributed for any non-personal use without obtaining prior permission from Gee Bee Securities Private Ltd We reserve the right to terminate the accounts of subscribers/customers, who violate the proprietary rights, in addition to necessary legal action.
Gee Bee Securities Private Ltd and its group companies, director, employees, affiliates and associates do not warrant that:
Gee Bee Securities Private Ltd and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Gee Bee Securities Private Ltd is not responsible for any technical failure or malfunctioning of the software or delays of any kind. We are also not responsible for non-receipt of registration details or e-mails. Users shall bear all responsibility of keeping the password secure. Gee Bee Securities Private Ltd is not responsible for the loss or misuse of the password.
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