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Equities Trading

DBFS Securities Ltd. has membership in the Cash Market segment of both National Stock Exchange of India Ltd. (NSE), Bombay Stock Exchange Ltd. (BSE) and MCX-SX. As a trading member of NSE, BSE and MCX-SX, DBFS group is entitled to undertake trading for customers, including retail, institutional and corporate clients, both residents (in India) as well as Non-residents. .
 
Registration of clients: Clients intending to do trading should obtain prior registration with DBFS. Client should fill and sign the Client Registration Form. Demat Account and KYC registration with KRA is mandatory pre-requisite for opening Trading Account. A unique client code will be allotted to the client and the client can start trading. A letter of confirmation (of account opening) will be sent to the client directly from DBFS HO. .
 
Brokerage: DBFS offers very competitive brokerage to its clients. Brokerage can be either fixed brokerage or volume linked brokerage.

Derivatives Trading

DBFS Securities Ltd. has membership in Derivatives (Futures and options) segments of National Stock Exchange of India Ltd. (NSE) and MCX-SX. Major derivative products available for trading are:
 
- stock futures
- index futures
- stock options
- index options
 
As a trading member of all premier stock exchanges, DBFS group is entitled to undertake trading for customers, including retail, institutional and corporate clients, both residents (in India) as well as Non-residents.
 
 
Registration of clients: Clients intending to do trading should obtain prior registration with DBFS. The client registration documentation is combined for both Cash Market, Derivatives and Currency segments; but clients intending to do trading in F&O should submit additional documents for supporting financial details. A client who is already having trading account in CM segment can activate other segments (FAO and Currency) by submitting the request for Segment Activation. Brokerage: DBFS offers very competitive brokerage to its clients. Brokerage can be either fixed brokerage or volume linked brokerage.

Currency Derivatives

Besides equity and equity derivatives, DBFS Securities Ltd. also offer trading in the currency derivatives with its membership in the currency derivative segment of National Stock Exchange and MCX- Stock Exchange Ltd. (Futures and Options). NRIs are not permitted to trade in currency derivatives.
 
Registration of clients: Clients intending to do trading in commodity futures should obtain prior registration with DBFS. Client should fill and sign the Client Registration Form. A client will be allotted his existing client code in the CM/ FAO/ CD segment, if any, for commodity trading also, but separate client registration is required to be done. After client code allotment and Back Office entry, the client registration forms should be sent to HO. Upon receipt of client registration at HO and after verification and PAN upload, the client code is approved.
 
Brokerage: DBFS offers very competitive brokerage to its clients. Brokerage can be either fixed brokerage or volume linked brokerage.

Commodity Futures

DBFS Derivatives & Commodities Ltd. is a member of National Commodity and Derivatives Exchange Ltd. (NCDEX), National Multi Commodity Exchange of India Ltd (NMCE) and Multi Commodity Exchange (MCX), the premier exchanges in India for commodity futures trading. NCDEX, NMCE and MCX have futures trading for various agricultural and other commodities including gold, silver, rubber, cardamom, pepper etc. which are actively traded. The Company also has membership with National Spot Exchange Ltd. for spot market.
 
Registration of clients: Clients intending to do trading in currency futures should obtain prior registration with DBFS. The client registration documentation is combined for both Cash Market, Derivatives and Currency segments; but clients intending to do trading in Currency should submit additional documents for supporting financial details. A client who is already having trading account in CM segment can activate other segments (FAO and Currency) by submitting the request for Segment Activation.
 
Brokerage: DBFS offers very competitive brokerage to its clients. Brokerage can be either fixed brokerage or volume linked brokerage or per contract brokerage.

Portfolio Investment Scheme - Trading by Non Resident Indians

NRIs are permitted to trade in all segments except currency derivatives and commodities. Reserve Bank of India (central bank) and the Market Regulator, SEBI (Securities & Exchange Board of India) have introduced a separate scheme (Portfolio Investment Scheme/ PIS) for share trading by Non resident Indians (NRIs). As per this scheme, the NRIs can purchase and sell securities on a recognized Stock Exchange in India.
 
DBFS has made necessary arrangements with banks for undertaking PIS transactions for its Non-resident customers. Non Resident Indians (and persons of Indian origin) only can purchase/ sell securities in the PIS route. For availing the PIS scheme, the NRI should open a trading account with DBFS and also a PIS bank account with the designated banks, with whom DBFS has made arrangements (AXIS Bank, IndusInd Bank, IDBI Bank, Federal Bank and Oman International Bank). All remittances in respect of trading transactions under PIS will be routed through this PIS Bank Account. An NRI can transfer funds to the PIS account either using the net banking facility or through normal fund transfer through the bank’s branch offices or through its banking partners.

Commodities & Forex Trading

Dubai has historically been an international hub for the physical trade of not only gold, but also many other commodities and so the establishment of the Dubai Gold & Commodities Exchange (DGCX) was the next logical step for the region and the local economy. DGCX commenced trading in November 2005 as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East.
 
DGCX is an initiative of the Dubai Multi Commodities Centre (DMCC), Financial Technologies (India) Limited and the Multi Commodity Exchange of India Limited (MCX). The Management team of DGCX comprises senior personnel from the commodities, securities and financial services industries bringing a wealth of experience and expertise to ensure the success of DGCX.
 
DBFS offers DGCX
 
As a trading member of DGCX, Dubai, DBFS Commodities DMCC offers trading in commodities and forex for its customers.
 
Benefits of Trading on DGCX
 
Our range of futures contracts offers participants of the physical commodities markets, such as producers, manufacturers and end users, with a sophisticated means of hedging their price risk exposure. Such price risk management has previously been unavailable to producers in the Middle East. In addition, DGCX offers trading opportunities to financial communities and investment houses in both the Middle East and around the globe who wish to access the growing asset class of commodity and currency derivatives.
 
• Guaranteed settlement and reduced counterparty risk provided by Dubai Commodities         Clearing Corporation (DCCC), a subsidiary 100% owned by DGCX
• The advantage of transacting and clearing business within the UAE and thus the local           taxation and regulatory regimes
• A simple fee structure - one fee for all participants. All participants also pay the same            margin, whether commercial or non-commercial entities
• An opening to both regional and international liquidity pools
• Robust risk management and surveillance systems
• Uninterrupted trading hours from 7:00am – 11:30pm (GMT +4)
• Regulated by the Securities & Commodities Authority (SCA)

Online Trading – Internet Based Trading

DBFS has state of the art facilities for online trading. The online trading facility – Investnet (inet) provides the customers a seamless internet trading experience through its various useful features such as streaming stock quotes, online payment gateways, portfolio tracker, research reports etc.
 
Investnet Versions
 
• inet PROMPT - Trading platform by downloading EXE application.
• inet LITE - Internet browser based trading platform
• inet MOBILE - Trading platform provided JAVA enabled mobile phone devices
 
Online Brokerage – Products and Segments
 
Equities, Derivatives, Currency Derivatives and Commodity Futures of all major stock and commodity exchanges are available on IBT.
 
Semi Online & Pure Online Models
 
Depending on client requirement for periodic support from its service branch, DBFS offers 2 variants of the Online trading – Semi Online and Pure Online models. Under Semi Online model, besides trading through the online IBT platform (inet LITE/ inet PROMT) he can avail occasional support from the branch for trade execution or pay-in or payout processes. While Pure Online clients are not serviced from the local branch office of DBFS, they can conveniently take timely assistance from the Centralized Helpdesk.

Portfolio Management Services -PMS

Portfolio Management Services (PMS) is an arrangement under which the Portfolio Manager undertakes the management/ administration of the client’s portfolio of securities / funds. DBFS is a SEBI Registered Portfolio Manager.
 
Minimum investment for PMS (minimum as fixed by SEBI) is Rs.25 lacs. Over and above Rs.25 lacs, the investment could in multiples of Rs.10,000/-. Investments can be either by way of cash (cheque or DD) or securities. The Portfolio Client has to sign an agreement with the Company. The client has to sign a Registration Form and a Disclosure Document also. Cheque or securities have to be submitted at the time of Account Opening.
 
The Client is entitled to make withdrawals of cash or securities from the fund, at such regular intervals as required by the Client or at any other time, provided the balance in the funds does not fall below the minimum investment of Rs.25,00,000/-. As a matter of policy DBFS has decided to allow the withdrawal only at the end of every month. Where the client intimates the investment period in advance, on completion of the same, we shall settle the accounts and make repayment of the funds. In other cases, we shall settle the accounts and make the repayment, at one day’s request.
 
Charges
 
1. monthly maintenance charges at the rate of 0.5% of the asset under management (AUM); and
2. 20% of the profit generated annually over and above 8% (in selected plans only)
 
Monthly maintenance charges as above cover transaction costs such as brokerage or other direct expenses; however DP transaction charges, securities transaction tax and other taxes payable in respect of transactions undertaken in the portfolio shall be debited to the account at actual.

Depository Services

DBFS Securities Ltd. is a Depository Participant with Central Depository Services Ltd. (CDSL). CDSL is one of the two depositories in the India for electronic holding of securities. The Company extends depository services to its trading clients as well as non-trading clients. Major activities of DBFS DP are:
 
Demat Account Opening: A client intending to open demat (depository account) with DBFS has to submit the account opening form available with the branches. As per the present regulations, for opening demat accounts, PAN card is mandatory.
 
Major Services: Electronic holding of securities, Demat, Remat, pledge, unpledge etc., market and off-market transfers, transmission, transposition etc

Distribution of Mutual Funds

DBFS distributes Mutual Fund products of almost all major AMCs. DBFS has entered into tie-up with all leading Asset Management Companies for distribution of Mutual Fund schemes. In addition to offline purchases, DBFS also offers online transactions in the Mutual Funds through Exchange Platform.
 
Online Mutual Funds: Important Features
 
> Customers can buy or sell (subscribe and redeem) mutual funds through the online system of NSE.
> Customers can hold Mutual Funds in Demat mode in their Demat Account or in Physical mode. At the time of buy order entry, the mode (physical / demat) should be specified.
> Buy or Sell orders can be placed any time between 9 AM and 3 PM; but the NAV will be same all through the day.
> Client can make the payment for purchases as normal pay-in to DBFS Securities. They can also utilize the existing credit in other segments.

NBFC Products

Loan Against Shares
 
Key features:
 
> Easy and prompt account opening formalities
> One time Processing charges
> Affordable interest rates
> Interest payable only on utilization
> Exhaustive list of more than 1000 Shares in the Approved List
> Bonus and Rights are also credited to the customer
 
Loan Against Property
 
Loan against Properties (LAP) Facility enables the customer to avail general purpose loan against properties as collateral.
 
Key features:
 
> Easy and prompt account opening formalities
> One time Processing charges
> Affordable interest rates
> Convenient tenure and optimum monthly installments
 
 
 
Exchange Membership Nos. (Group Cos.) NSE: 13232 | BSE: 3298 | MCX-SX: 35300 | NCDEX 00136 | MCX 28655 | NMCE CL0119
SEBI Regn. Nos. (Group Cos.) NSE EQ: INB231323230 | NSE F&O: INF231323230 | NSE CDS: INE231323230 |
BSE EQ: INB011323236 | MCX-SX CDS: INE261323230 | PMS: INP000003302 | CDSL DP ID: 12032800