What
is Online - Live Stock Trading?
Online Live stock Internet trading is a service offered on the Internet
for buying and selling shares. In the real world, you place orders for
buy or sell through your stockbroker either verbally (personally or telephonically)
or in a written form (facsimile). In Internet trading, you will place
orders by accessing a stockbroker's website or bsewebx.com through the
Internet.
Why should I trade on bsewebx.com?
BSEwebx gives you
1.The power of placing orders at your fingertips.
2.Immediate access to live market information and that too from the BSE.
3.Lower costs of buying and selling shares.
4.Instantaneous order execution and order status at each point.
5.A mechanism to support multi exchange routing, multi- product capabilities
and multi-mode delivery mechanisms, which will be in a phased manner.
How do I ensure security and confidentiality
of my password?
1.You can ensure high security and confidentiality by adopting the following:
2.By not disclosing it to anyone.
3.By changing the password frequently and,
4.Maintaining a password (minimum 8 characters), which is a
combination of alphabets and numbers.
How safe is my Login ID and password?
The Login ID and password allotted to you is completely confidential.
No one, except you, has access to this information. Your password is stored
in an encrypted form.
What shares can I trade in at BSEwebx.com?
There are approximately 6000 scrips, which are currently listed on the
Bombay Stock Exchange. You can trade on any of these scrips listed on
the BSE, subject to the risk profile allotted to you by your broker.
How do I place an order?
Orders can be placed by clicking on the Place Order Link and entering
the Order Entry screen. Alternatively, you can also place an order by
clicking on the scrip from your Ticker .
Can I modify/ cancel my order?
You can modify or cancel your order as long as the order placed by you
has not been executed. The quantity and the price of the order can be
modified and this is again placed in the queue for execution. Cancellation/
modification is not possible once the order is executed.
How do I view/modify/ cancel orders?
View Orders
Your orders are available for viewing by clicking on 'Query Orders' link
at the bottom footer of the screen.
Modify Orders
Pending orders can be modified by clicking on the link MODIFY adjacent
to the Order. You can provide new values here and click on SUBMIT by providing
the Trade Level Password. You will get an order modification confirmation
message.
Delete Orders
Pending orders can be deleted by selecting the order for deletion, providing
the Trade Level password and clicking on the DELETE button. A deletion
confirmation message will be generated on successful deletion of the order.
What are the different types of order I can place
through BSEwebx?
There are different types of orders that can be routed through the BSEwebx
based on certain parameters. The different parameters are based on time,
price and quantity.
Limit Order:
This is the price specified by the client while entering the order into
the system. The Client specifies a stated price to buy at or below, or
to sell at or above that price. The order shall be executed only on satisfying
these conditions.
Market Order:
It is an order to buy or sell securities at the current market price at
that particular time.
Stop Loss Order:
This order allows the client to place an order, which gets activated only
when the market price of the relevant security reaches or crosses a threshold
price. Until then, the order does not enter the market. You enter the
threshold price.
How will I be informed of my trade execution?
The trade executions are confirmed by updation of Order status. The trading
history of your account is also updated immediately. In addition, you
will receive an e-mail confirmation of the trade, giving full details
of the quantity, price, execution time etc. You can also query on the
trade status and the trade details for further information on the trade.
A daywise scripwise summary of trades executed is also available. A contract
note for executed trade will be issued to you by the broker.
How do I view my trades?
Your trades can be viewed by clicking on the 'Query Trade' Link in the
navigation buttons at the bottom footer of the screen. Details of the
trade, with quantity, rate, average execution rate, trade execution time
etc can be viewed on the screen.
Can I enter an order after trading hours?
BSEwebx provides for entry of orders after the trading hours of the Exchange.
This feature will soon be enabled.
What are the facilities available for accessing
Market Information?
BSEwebx provides the following facilities to access market information:
1.Market Watch - On-line Ticker - Stock Reach
2.Markets Live Information with Indices Watch, Top Scrips,
Circuit breakers Information, and Market Summary.
3.Corporate Results and Announcements.
BSEWEBX - UNIQUE FEATURES
1.The only exchange enabled system for Internet trading
.
2.Extending Internet arena to the member hierarchy including
Sub Brokers, Branches and their investors.
3.Unique combination of two massive networks viz. the BSE Private
network running across 380 cities and the Internet so that both
Members and investors can benefit from best of both worlds.
4.Centralisation of Order Management and Risk Management thus
providing faster response times.
Continuous domain expertise of a 125 year young institution
- BSE
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