Privacy Policy

Respecting your privacy and the law
The privacy of your personal information has always been important to us1 at Sachdeva Stocks Pvt Ltd. We are committed to respecting your right to privacy and protecting your personal information against unauthorized disclosure. Our staff is trained to respect your privacy in accordance with our standards, policies and procedures.Protecting your personal information
SachdevaStocks.com does not collect personal information about individuals except when such individuals specifically provide such information on a voluntary basis. SachdevaStocks.com is and attempts to be too sensitive to your privacy on the Internet. Whenever possible, Sachdeva Stocks will attempt to treat the information about you it receives on the Internet with care deemed reasonable under the circumstances. Sachdeva Stocks uses information provided by you (if any) to measure the use of our site and to improve the content of our site. The personal information we may collect is used only by us to respond to your inquiry, we may make the e-mail addresses, of those who provide information, available to other Sachdeva Stocks companies which have equal or better privacy policy than we do. At times cookies may be used to provide you with certain information. A cookie is a tiny element of data that a web site can send to your browser, which may then be stored on your hard drive so we can recognize you when you return. You may set your browser to notify you when you receive a cookie.Note : Also that Sachdeva Stocks 's Website contain links to other sites. While we try to link only to sites that have respect for privacy, we are not responsible for the content or the privacy practices employed by other sites.Third-Party Advertisement Servers:
Sachdeva Stocks Pvt Ltd engages the services of an outside advertisement company to display advertisement on the Web Site. These advertisements may contain cookies. While Sachdeva Stocks Pvt Ltd uses cookies in other parts of the Web Site, cookies received with banner advertisements are collected by the Advertisement company, and Sachdeva Stocks Pvt Ltd does not have access to this information.Resolving your privacy issues
For any issues with sachdeva stocks about our Privacy Policy, you may do so in a number of ways:You are always welcome to speak directly to our staff at Customer care numbers.You can email your concern on

POLICIES

A. PENNY STOCKS A Client will be allowed to trade in Penny Stock i.e. Trade to Trade shares which fall in Z category and are being traded at value than its face value, up to Rs. 1Lakh per day any restriction or prohibition but in case value to be traded is more than Rs. 1 Lakh per day then 100% margin is to be deposited prior to trade.
B. CLIENT 'S EXPOSURE LIMIT In Cash Segments exposure limits of branches will be sent by the Company on the basis of deposits available and client exposure limits will be sent by branches.In F & O and Currency Segments, exposure available to Clients will be based on Upfront Margins and deposits available with ENNDEE STOCKS PVT. LTD.
C.BROKERAGE RATE Brokerage to be charged inclusive of transactions charges but exclusive of Statutory Levies and subject to maximum brokerage permissible as per the rules, regulations of the Exchanges and SEBI.
D. SELLING / CLOSING OF THE CLIENT POSITION WITHOUT PRIOR INTIMATION TO THE CLIENT ENNDEE SECURITIES PVT. LTD. reserves the right (without affecting right to impose penalties as pointed out in point e) to sell the securities and close out positions of the clients without giving notice to the clients, if there is a default in payment of dues, limited to the extent of debit obligations whether of pay-in or margin.
E. PENALTIES /DELAYED PAYMENT IN CASE OF SETTLEMENT / MARGIN OBLIGATIONS If there is delay on payment of margin or settlement obligations i.e. margin/ credit balance lying in credit of the client are not transferred within one working day of the request by the client similarly debit balances in client accounts are not cleared within three working days of the notice to clear the same, penalty @ 1.5 % for every failure or part thereof is to be imposed on other party by other party. Trading and further exposure will be barred till clearance of debit balance of debit balance along with penalty.
F. INTERNAL NETTING O TRADES If shortages arise out of internal netting of trades then local auction will be done and in case shares are not bought in auction then, internal closing will be done at highest price of the share from trading day till auction day or closing price of the share on the Auction day plus 10% whichever is higher in case of shortage of obligations.
G. LIQUIDATION/CLOSE OUT POSITIONS ENNDEE SECURITIES PVT. LTD. shall be entitled to close out all or any clients' position for non-payment of margins or any other dues, in the event of death of the client, insolvency of the client or otherwise barred by any regulatory authorities like SEBI, NSE, BSE, MCX, -SX, PMLA regulations or any government authorities etc and at any point of time the client indulges in any manipulative or illegal activities. Further clients will not be allowed to take fresh positions.
H. TEMPORARILY SUSPENDING OR CLOSING A CLIENT'S ACCOUNT AT THE CLIENT'S REQUEST On the written request of the client the trading will be suspended temporarily or account will be closed within 24 hours.
I. DEREGISTERING A CLIENT Within 24 hours, on receiving the written request from the client and sub broker- provided all dues are cleared. If the request is received from one party for the de-activation, then sending 30 days notice to the other party for confirmation and then account will be deactivated confirmation on expiry of 30 days whichever is earlier.
J. INACTIVE ACCOUNTS If the client is inactive for the continuous period of twelve months that client's account will be considered as dormant account.
It will be activated on written request of the sub broker, if the above said period is less than two years and if period is more than two years, it will be activated on written request of the client only. Assets of those accounts will be transferred immediately after clearance of dues, if any. These accounts will be activated on the request of Head Office - Compliance officer / Branch Manager / Regional Head / Sub broker / Remisier / Authorized person, on the completion of the following documents and letter from the respective client . The duly signed documents along with necessary annexure should be forwarded to the KYC department for reactivation and KYC Team Will request to ADMIN team for the reactivation in Front end and back end software. this is my div give me full code of bootstrap

RMS POLICIES

RMS stands for Risk Management System – to manage the risk of the company from market volatility.

  • 1. RMS works on the following concepts:
    • 1.1 Cash: The clear balance available in the customer’s ledger account in our books.
    • 1.2 Margin: The stake provided by the customer in the form of cash, FDR, and/or stock to mitigate market or settlement risk.
    • 1.3 Exposure: Aggregate obligations from buy/sell trades awaiting settlement and unsettled P&L.
    • 1.4 Exposure multiple: Times exposure is allowed on margin. Orders must be backed by cash/stocks in the margin account before placing.
    • 1.5 Stocks qualifying for margin: Securities approved by SSPL.
    • 1.6 Total Deposit: Total client deposit (cash + FDR + stock after haircut).
  • 2. Nature of Customer Transactions:
    • 2.1 Intraday - Cash segment: Buy/sell of same scrip reversed within the same day to nullify the position.
    • 2.2 Delivery Trades: Net purchases/sales settled on T+2. Sales must be backed by demat holdings or risk auction.
    • 2.3 Sell Against Buying: Stock bought today and sold fully the next day. Risk of short payout is borne by client. SSPL is not responsible for exchange short payout.
  • 3. Management of Risk:
    • Automated margin-based RMS is used.
    • Client can take exposure as per VAR margins defined by Exchange or RMS department.
    • Client can use “credit for sale” by selling held shares and using proceeds for fresh exposure.
    • Exposure based on share margin must be settled before exchange pay-in, or square-off may happen without notice.
  • Example:
    • Client ABC trades in Capital Market:
    • Ledger Balance: Rs. 5,00,000 Cr.
    • Stock Before Haircut: Rs. 2,50,000
    • Stock After Haircut: Rs. 1,75,000
    • Total Deposit: Rs. 6,75,000
    • XYZ Ltd VAR Margin = 20%
    • Max Exposure = Rs. 33,75,000
    • Required Margin = Rs. 6,75,000
    • Payment to be made before T+2 = Rs. 28,75,000
  • RMS Policy (Present Rules):
    • A. Intraday and Delivery Limit:
      • Intraday limit = 3x VAR Margin or 8–10x in frontline scrips.
      • Max delivery = 3x (1x for illiquid scrips) of credit + stock (post haircut).
      • Outstanding must be cleared by T+2.
    • B. Interest Charges:
      • Debits not cleared beyond T+2 will attract interest @ 24% p.a.
      • Interest is calculated from purchase date of stock.
    • C. RMS Forced Selling Policy:
      • RMS may sell stocks any day post T+2 on non-payment.
      • If debit continues for 5 days, stock will be sold on T+5 without notice.
      • Example: Debit starts on 04/04/2013 (Monday); if unpaid, RMS sells on 11/04/2013 (Monday).
      • Sachdeva Stocks Pvt. Ltd. is not liable for any loss from RMS selling or failure to sell.
      • RMS policies are subject to change anytime under SEBI/Exchange guidelines.

PMLA POLICY

Prefunded Policy

Policy on Pre Funded Instruments And Electronic Fund Transfer

If the aggregate value of pre-funded instruments is Rs. 50,000/- or more per client per day, we may accept the instruments only if they are accompanied by:

  • The name of the bank account holder
  • The number of the bank account debited for the purpose
  • These details must be duly certified by the issuing bank

The mode of certification may include any of the following:

  • Certificate from the issuing bank on its letterhead or on plain paper with the seal of the issuing bank
  • Certified copy of the requisition slip (portion which is retained by the bank) to issue the instrument
  • Certified copy of the passbook/bank statement for the account debited to issue the instrument
  • Authentication of the bank account number debited and name of the account holder by the issuing bank on the reverse of the instrument

We also maintain an audit trail of the funds received through electronic fund transfers to ensure that the funds are received only from our client's registered bank account.

PMLA POLICY

Prefunded Policy

Policy on Pre Funded Instruments And Electronic Fund Transfer If the aggregate value of pre-funded instruments is Rs. 50,000/- or more from clientper day per client, we may accept the instruments only if the same are accompaniedby the name of the bank account holder and number of the bank account debited forthe purpose, duly certified by the issuing bank and the mode of certification mayinclude the following either:

  • Certificate from the issuing bank on its letterhead or on plain paper with the seal of the issuing bank
  • Certified copy of the requisition slip (portion which is retained by the bank) to issue the instrument
  • Certified copy of the passbook/bank statement for the account debited to issue the instrument
  • Authentication of the bank account number debited and name of the account holder by the issuing bank on the reverse of the instrument
  • We also maintain an audit trail of the funds received through electronic fund transfers to ensure that the funds are received only from our client's registered bank account.

Policy on Client Code Modifications

Sachdeva Stocks Pvt Ltd has the following policy for client code modification:

  • 1. The modification to the client code is to be done only in exceptional cases and not asa routine one.
  • 2. The reason for modification has to be ascertained and analysed and genuineness isto be established and also it’s impact on the clients should be studied before themodification. If voice recording is in practice, the same should be studied.
  • 3. Normally as a principle, other than for punching errors, no modification to the clientcodes be allowed.
  • 4. Therefore it is imperative that the issue should be reported to the senior levelManager/Director and only with his approval, the modification should be carried afterbeing satisfied that it is genuine, the same is required to be done to protect theinterests of the client.
  • 5. Hence the facility to modify the client codes should be available only at theCorporate Manager level and should not be given to the branches/franchise/subbrokers.
  • 6. Training program should be conducted to all the Dealers and they should beexplained how code modifications can be misused and what steps should be takento avoid the same. It also should be explained that code modifications should not beencouraged to the clients except for cases like ‘punching errors’/’typing errors’.
  • 7. A register is to be maintained for recording all the code modifications with details likeerror code, correct code, scrip name quantity, client name, the name of the dealerwho punched the code, the explanation of the dealer/Branch Manager, the ‘analysis/study’ of the authorised Manager and his approval/disapproval for modification.
  • 8. Finally the decision of the authorised Manager should be ratified later by theDirector.