Wednesday, March 12, 2008

Kotak Securities Stock Trading

Kotak Securities Limited, a subsidiary of Kotak Mahindra Bank, was set up in 1994. Kotak Securities is a corporate member of both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, Kotak Securities is one of the largest broking houses in India with wide geographical reach.

Kotak securities online trading, is the online trading portal of the Kotak Securities Ltd, the leading stock broking house of India. The online division of Kotak Securities Limited provides services like internet broking services, online IPO and mutual fund investments.


Trade In: BSE and NSE

Account Types:

Kotak offers different account types according to users requirement:

  1. Kotak Gateway

    Kotak securities gateway account opens the gateway to a world of investing opportunities for beginners. Kotak gateway user can trade anywhere, anytime using internet.Kotak also offers call and trade facility.

    They provide sms alert, research report, free news and market updates. Best feature of Kotak gateway is call and trade facility. Anybody can activate Kotak securities gateway account with any amount between Rs 20,000 to 5, 00,000. This can be in form of cash deposit or the value of the shares you buy. Brokerage will be charged based on the account type. For intraday trading brokerage is .06% both sides for less then 25 lakhs and .023% for more then 25 crores.

  2. Kotak Privilege Circle

    This is the premium account for its users. Along with kotak gateway account benefits they provides independent market expertise and support through a dedicated relationship manager and a dedicated customer service desk which provides assistance in opening accounts, handling day-to-day problems, and more. They provides KEAT premium which is an exclusive online tool that lets you monitor what is happening in the market and view your gains and losses in real-time.

    One can activate Kotak securities privilege circle account with any amount more than Rs. 10, 00,000/- as margin, by way of cash or stock. For intraday trading brokerage is .06% both sides for less then 25 lakhs and .03% for more then 25 crores.

  3. Kotak High Trader

    This is the best offer for daily trader or intraday traders. This is an Auto Square Off product where you can enjoy the benefits of intra-day trading. Trader can get the 6 times exposure on the margin. They provide all the benefits which kotak gateway and privilege account provides. Trader can apply paper free order for IPO.

    One can activate Kotak securities high trader with any amount less than Rs 5, 00,000/- as margin, by way of cash or stock. The minimum brokerage that is applicable in the Kotak high trader account is 4 paisa on delivery and 4 paisa in the cash segment.

  4. Kotak Freeway

    Frequent trader use this account type because freeway account enables it’s users to trade as many times as they like - at a fixed brokerage.

    One can activate Kotak securities freeway with any amount less than Rs. 1, 25,000/- as margin, by way of cash or stock. They charge fixed brokerage of Rs.999/- a month and on delivery transaction brokerage is .59% on less then 1lakhs and .18% on more then 2 crores.

  5. Kotak Flat

    This product is best suited for the needs of the Indian retail investor who actively invests through the internet. Kotak flat introduces the international trend of charging brokerages on per trade basis. Brokerage rate works up to 0.18% on delivery trades and 0.018% for intraday trades.

  6. Kotak Assist

    This account most suits to long term investors. This account provides Complete assistance on all your financial investment.


Brokerage and Account opening fees:

A trading account in Kotak requires you to have a minimum of Rs.1000 to start with, the bank account to have a minimum of Rs.2500.

Brokerage:

  1. For Intra-day trading, Kotak brokerage is around 0.05%.
  2. For delivery trading, Kotak brokerage is around 0.45%.
Check latest rates at:www.kotaksecurities.com/accountsection/index.html

How to open account with Kotak Securities Limited?

There are 3 simple ways to open an account with Kotak.

Advantages of Kotak Securities Limited

  1. Kotak provides a Call & Trade facility to its customers wherein they can place and track their orders through phone when they are away from home.
  2. They provides daily SMS alerts, market pointers, periodical research reports, stock recommendations etc.
  3. Kotak provides exclusive online tool to monitor what is happening in the market and also investor can view gains/losses in real-time.

Disadvantages of Kotak Securities Limited

  1. In online trading sometimes delay comes. So it can be frustrating.

Useful links about Kotak Securities Limited

  1. Website: http://www.kotaksecurities.com
  2. FAQs: http://www.kotaksecurities.com/faqs/placeorder.html
  • Phone: 30305757
  • Toll Free: 1800 222 299
  • E-Mail:customerservice@kotaksecurities.com
  • 5Paisa Stock Trading

    5paisa is Online Stock Trading Company of India Infoline Securities Private Ltd., Owner of popular business portal Indiainfoline.com. Besides high quality investment advice from an experienced research team, the site offers real time stock quotes, market news and multiple tools for technical analysis. Trading is available in BSE and NSE.

    rade In: BSE and NSE

    Trading Terminals:

    5Paisa offers 2 different online trading terminals to its customers:

    1. Investor Terminal (IT)

      Investor Terminal is 5Paisa's equity trading terminal for low volume trader. This is web based terminal and could access from anywhere. This product provides limited features in comparison of Trader Terminal, which is another product provided by 5Paisa.
    2. Trader Terminal (TT)

      Trader Terminal is for high volume equity traders. Trader Terminal provides high volume trading with powerful interface and fast order execution.

    Brokerage and Account opening fees:

    Account opening fees: Rs 500/- one time non refundable.

    Brokerage:

    1. 5 paisa offer competitive rates. They charge only 5 paisa for Rs100 of trade done, which is 0.05%. brokerage. In case of trade that result in delivery, they charge an additional 0.20% for back office and securities handling.

    How to open account with 5Paisa

    There are few steps to open an account with 5paisa.

    1. First log on to their site and fill the registration form. Once you fill the form they will give you 2 options. Either you can receive the form by mail or one of their agent visit you personally. Personal visit is not available in all cities.
    2. After registration, you will be required to deposit a certain amount of initial margin deposit with them. The deposit can be of any amount, but it should not be less than Rupees Five Thousand.
    3. When your account is activated, you will receive a welcome kit, which contains details about your account, your username and password, and the user's manual. The kit will also include a CD ROM which will allow you to install trading software.
    4. It will take approximately 15 days to complete the formalities if all the correct documents are sent and the forms are correctly filled.

    Advantages of 5paisa

    1. Very fast execution speed.
    2. Rates are very competitive then other providers.
    3. All transactions are secure and confidential because the password is generated by system and it stored in database in encrypted format so no one can know the actual password.

    Disadvantages of 5paisa

    1. No intra-day tick by tick charts in Investor Terminal (IT).
    2. Learning 5paisa Trading Terminal is little hard.

    Useful links & info about 5paisa

    1. 5paisa Website: http://www.5paisa.com
    2. E-mail: info@5pmail.com
    3. Phone: +(91 22) 8785000
    4. Fax: +(91 22) 872 4222



    Indiabulls Stock Trading

    Indiabulls is India's leading Financial Services and Real Estate Company having presence over 414 locations in more than 124 cities. Indiabulls Financial Services Ltd is listed on the National Stock Exchange, Bombay Stock Exchange, Luxembourg Stock Exchange and London Stock Exchange.

    Type of Account

    1. Indiabulls Equity Trading Account

      Indiabulls Equity Trading Account is standard Online trading account from India bulls and along with online trading it also provides priority telephone access that gives you direct access to your Relationship Manager and full access to 'Indiabulls Equity Analysis'.

    Application Trading Terminal(Need Installation)

    1. Power Indiabulls

      Power Indiabulls trading terminal is the most advanced new generation trading platform with great speed. This trading terminal is built in JAVA.

      Power Indiabulls is extremely reach in features including Live Streaming Quotes, Fast Order Entry and execution, Tic by Tic Live Charts, Technical Analysis, Live News and Alerts, Extensive Reports for Real-time Accounting.

    Document Required to open Equity Trading Account with Indiabulls

    1. One passport size photograph.
    2. Proof of bank account
    3. Copy of PAN card.
    4. Identity proof - copy of passport or PAN card or voter ID or driving license or ration card.
    5. Address proof - copy of driving license or passport or ration card or voter card or telephone bill or electricity bill or bank statement.

    Brokerage and fees :

    1. Account opening fees : Rs 1200/- (One time non-refundable) as below:
      250/- Equity Trading Account opening charge
      200/- Demat Account opening charge
      750/- Software changes

    Advantages of Indiabulls Equity Trading Account

    1. Brokerage is less compare to other online trading companies.
    2. Provide trading terminal 'powerbulls', a java based software. It's very fast in terms of speed and execution.

    Useful links & info about Indiabulls

    1. Indiabulls Website: http://www.indiabulls.com
    2. E-mail: helpdesk@indiabulls.com
    3. Contact No.: 1800-111-130, 0124-4572444

    HDFC Securities Stock Trading

    HDFC Securities(HDFCsec) is Equity Trading Company of HDFC Bank. HDFC Securities provide both online trading and trading on phone. The HDFC Securities trading account has a unique 3-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions.

    HDFCsec provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and BSE, Trade on Futures & Options on the NSE and Online IPO Investment.

    Features on HDFC Securities Online trading

    :
    1. Seamless Transactions - By integrating your accounts, we ensure minimal waste of time during movement of your funds and shares.
    2. Speed - Orders are placed electronically, so proceeds are available instantly.
    3. No manipulation - To prevent any mismanagement, we will send you an email confirmation, the minute your order is executed.
    4. Safety and Security - HDFC Securities offer the highest level of security such as 128-bit encryption technology.
    5. Dedicated and Separate contact numbers - for trading over the phone as well as for customer care.

    Document Required to open account with HDFCsec

    Any Indian resident/non resident individual NRI (except for the US NRIs) or an Indian Corporate can register with HDFCsec. However, to become a member, you will have to open savings/current and demat accounts with HDFC Bank. Following documents are required to open accouunt with HDFCsec
    1. One passport size photograph.
    2. Copy of PAN card.
    3. Identity proof - copy of passport or PAN card or voter ID or driving license or ration card.
    4. Address proof - copy of driving license or passport or ration card or voter card or telephone bill or electricity bill or bank statement.

    Brokerage and fees :

    1. Rs. 799/- (Including trading account, bank account and DP account with HDFC)
      Please note: HDFC Bank savings account required a quarterly minimum balance of Rs. 2,500/-. If you already have Saving account or DP account with HDFC, you could link them with trading account.

    Useful links & info about HDFC

    1. HDFC Website: http://www.hdfcsec.com
    2. Download Forms: http://http://mypage.hdfcsec.com/pdfs/hdfcsec_forms.zip
    3. Product Demo: http://test.trade.hdfcsec.com/tradingdemo/itsdemo/index.html
    4. Corporate Office: Trade World, C Wing, First Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai 400 013
    5. Customer Service E-mail: customercare@hdfcsec.com
    6. Customer Service Phone (India): 1800-22-9700, +91-22-2834-6600
    7. Customer Service Phone (for NRI's): +91 22 28346685
    8. Fax: 91-22-2834-6690

    Motilal Oswal Securities Stock Trading

    Motilal Oswal Securities Ltd. (MOSt) is one of the best broking houses in India. Founded in 1987, MOSt has in 200 cities through 400 outlets. MOSt provide advice-based broking (equities and derivatives), portfolio management services (PMS), e-Broking, depository services, commodities trading, IPO and mutual fund investment advisory services.

    Type of Account

    1. MOSt E-Broking

      MOSt E-Broking is complete online stock trading solution for Indiaian stock market. Following are the features of MOSt E-Broking account:
      • Easy single screen trader with instant trade confirmation similar to exchange based trading terminals.
      • Access to various online reports like margin report, Demat A/c details, trades executed, turnover report, net position report with mark to market profit/loss and realized profit.
      • Online transfer funds through HDFC Bank.

    How to open account with Motilal Oswal Securities Ltd. (MOSt)?

    You could use one of the following options to open account with ICICIDirect.

    Awards

    1. 2005, Asiamoney Brokers ranked MOSt the best Indian brokerage firm in India.
    2. March 2006, AQ Research declared MOSt the best research house for Indian stocks.

    Useful links about MOSt

    1. Website: http://www.MotilalOswal.com
    2. Corporate Office: 81/82, Bajaj Bhawan, Nariman Point, Mumbai 400 021
    3. Email: query@motilaloswal.com
    4. Phone: 022 - 56575200
    5. Fax: 022 - 22885038

    Religare Stock Trading

    Religare Enterprises Limited is Ranbaxy Laboratories Limited promoted financial product and service provider company.

    Religare provide its service in three different segments including Retail, Wealth management and the Institutional spectrum. It offers wide range of services including equities, commodities, insurance broking, wealth advisory, portfolio management services, personal finance services, Investment banking and institutional broking services. Religare retail network spreads across more than 900 locations across more than 300 cities and towns in India.

    Religare Securities Limited is a subsidiary company of Religare Enterprises Ltd and involve in equity related services include online trading at BSE and NSE, Derivatives, commodities, IPO, Mutual fund, Investment banking and institutional broking services.

    People who wonder where Religare word came from, it's a Latin word meaning 'to bind together'.

    Type of Account

    1. R-ACE (Basic)

      It's the basic online trading account provided by Religare. Investor can trade and access their account information online and over the phone as well.This account comes with a browser based online trading platform and no additional software installation needed.

      This account also provides Lifetime free DP account with no annual maintenance charges.

    2. R-ACE Lite (Advanced)

      It's the advanced account option for the investor with Religare. This trading account provides the entire feature of R-ACE (Basic) account. In addition it also provides real-time streaming stock quotes and alerts.

      This trading platform is also browser based and no software installation is needed.

    3. R-ACE Pro (Professional)

      As the name indicates this account is for high volume traders. Along with the features from above 2 accounts, this account also comes with a Trading Terminal, software which needs to install on your computer. This terminal directly connects the investor to stock market and having all industry standard Treading terminal features including technical charting (intra-day and EOD), multiple watch list, advanced hot-key functions for faster trading, derivative chains, futures & options calculator.

      As in basic and advance account, trading is available online through internet and offline though phone.

      Brokerage and Account opening fees:

      Religare offers three kinds of accounts as above. Below are detail about fees and activation charges for each account:
      1.R-ACE
      Account activation charges Rs.299/-.
      Minimum margin of Rs.5000/- required.

      2.R-ACE Lite
      Account activation charges Rs.499/-.
      Minimum margin of Rs.5000/- required.

      3.R-ACE Pro
      Account activation charges Rs.999/-.
      Minimum margin of Rs.10,000/- required.

      4. All the account comes with free annual maintenance charge.

      5. All account comes with free DP account.
  • Brokerage at Religare
    On the basis of volume and frequency of trading, Religare provide different options for brokerages. On the broader way they divided into three categories:
    • Classic Account
      Intraday brokerage varies from 0.3% to 0.5%.
      Delivery brokerage varies from 0.30% to 0.50%.
      Derivatives brokerage varies from 0.3% to 0.5%.
    • Freedom Account
      In this payment scheme, investor has to pay a fix amount in advance for Monthly (Rs 500/-), Quarterly (Rs.1400), Half-yearly (Rs 2500) or Annual Subscription (Rs 4000). This one time payment enable account holder to trade for Rs. 3,00,000 intraday & derivative trading and Rs. 40,000 of delivery based trading for zero brokerage.
    • Trump Account
      Trump account has two payment options, Trump Plus and Trump Super plan:
      1. Trump Plus has annual subscription fees of Rs 2,500, Brokerage on Delivery Trades of 0.25% and Brokerage on Intraday Trades & F&O Trades of 0.025%.
      2. Trump Super has annual subscription fees of Rs. 15,000, Brokerage on Delivery Trades of 0.15% and Brokerage on Intraday Trades & F&O Trades of 0.015%.
  • How to open account with Religare?

    For online trading with Religare, investor has to open an account. Following are the ways to open an account with Religare:

    • Call them at phone number provided below and ask that you want to open an account with them.
    • Visit http://www.religareonline.com/applyonline.asp and fill a form. Representative from religare will contact you.
    • Visit one of their branches. Religare has a huge network all over India with more than 300 branch locations and a chain of franchises. Click on http://www.religareonline.com/branches.asp this link to find out your nearest branch. Just select the place near you and you'll find a manager to assist you there.
    • From the mobile phone type "RELIGARE" and send it to 54646. Customer representative from Religare will call you with in 24 hours.

    Advantages of Religare

    1. Religare gives interest on unutilized cash when investor is waiting to make next trade or online investment.
    2. Religare Allow their investor to trade without having to worry about cash margin. Investor can get exposure (on cash segment) as high as 20 times for intraday trades.
    3. They provide intraday reports and historical charting.
    4. Lifetime free DP account.
    5. Varity of fee structure to fulfill need of different type of investors.

    Useful links about Religare / Contact Religare at:

    1. Website: www.religareonline.com
    2. Email: race@religare.in, igreligare@religare.in
    3. FAQs: https://nat.religaresecurities.com/stsb/presentationlayer/FAQ.pdf
    4. Phone: 011-44312345
    5. Toll Free: 1800-11-44-88

    Reliance Money Stock Trading

    Reliance Money (or RelianceMoney.com) is the financial services division of the Anil Dhirubhai Ambani Group promoted Reliance Capital Limited.

    RelianceMoney.com is offering most dynamic web based trading environment to its customers. The new trading platform has many new features which basically fill up the gap between old online trading companies in India and their customers.

    The Reliance Money trading websites comes with special security features 'Security Token', which makes you online trading experience more secure without complexity.

    Stock Trading is available in BSE and NSE. Offline trading is also available through Reliance Money partners in your city and through phone by dialing 022-39886000.

      Investment options are available in ...
    1. Equity (Stock) Trading
    2. Derivatives Trading
      Special feature is available first time to track your positions online, in real time.
    3. Forex Trading
    4. Commodity Trading
    5. IPO's
    6. Mutual Funds
    7. Insurance

    Type of Account

    Reliance money is offering 3 types of accounts to its customers. Account for beginners, for middlers and for experts.

    Brokerage and fees :

    Reliance Money is offering lowest brokerage rates in today's online stock trading industry. The brokerages are as low as 0.075% for delivery based trading and 0.02 for now delivery.

    Note: The above figures may not accurate, please contact your nearest Reliance Money broker to check the brokerages they are offering.

    Also check rates of Securities Transaction Tax

    How to open account with Reliance Money?

    Account opening with Reliance Money is easy. Simply fill a form online at below address and somebody from Reliance Money will contact you soon. Click here to open an Account with Reliance Money.

    Advantages of Reliance Money

    1. Extra security features with 'Security Token'', which is the most secure and tested technology in computer world.
    2. Simple, easy and fast online stock trading.
    3. Almost all investment options are available under one account including Equity Trading, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance.
    4. Branches are now available in all major cities and the number is growing. Branches are open from 9am to 9pm.

    Useful links about Reliance Money

    1. Reliance Money Website: : www.RelianceMoney.com
    2. Branch Locator: Reliance Money Branch Locator

    Contact Information

    1. Website: www.RelianceMoney.com
    2. Email : CustomerCare@RelianceMoney.com
    3. Phone : 022-39886000

    Useful info from Reliance Money Broacher (March 2007)

    Reliance Money - Transacting and investing simplified

    Get ready to change the way you transact and invest in financial products and services.

    Whether you wish to transact in Equity, Equity & Commodity Derivatives, IPOs, Offshore Investments, or prefer to invest in Mutual Funds, Life & General Insurance products or avail Money Transfer and Money Changing services, you can do it all through Reliance Money.

    Simply open a Reliance Money account and enjoy the convenience of handling all your key financial transactions through this one window.

    Benefits of having a Reliance Money account

    1. It's Cost-effective
      You pay comparatively lower transaction fees. As an introductory offer, we invite you to pay a flat fee of just Rs. 500/- and transact through Reliance Money. This fee is valid for two months or a specified transaction value*. See the table for details.

      Validity (wichever is earlier)Turnover limit
      Access Fee (Rs.)Time ValidityTurnover ValidityNon-delivery turnoverDelivery turnover
      5002 monthsRs. l Cr.Rs. 90 LacRs. 10 Lac
      13506 monthsRs. 3 Cr.Rs. 2.7 Cr.Rs. 30 Lac
      250012 monthsRs. 6 Cr.Rs. 5.4 Cr.Rs. 60 Lac


    2. It offers Single- Window Access
      Through Reliance Money's associates, you can transact in Equity, Equity & Commodity Derivatives, Offshore Investments **, Mutual Funds, IPOs, Life Insurance, General Insurance, Money Transfer, Money Changing and Credi t Cards, amongst others.


    3. Its Convenient
      You can access Reliance Money's services through
      1. The Internet,
      2. Transaction Kiosks,
      3. The phone (Call & Transact) and through
      4. Our all - India network of associates On an assisted trade (through the Call Centre or our network of associates) a charge of Rs. 12 per executed trade will be applicable.


    4. It's Safe
      Your account is safe guarded with a unique security number that changes every 32 seconds. This number works as a dynamic password to keep your account extra safe.


    5. It provides you a Demat Account
      You get your own Demat Account with Reliance Capital at an annual fee of just Rs. 50/-.


    6. It provides you a 3...in...l facility
      You can access your Banking, Trading and Demat Account through a single window and transfer funds across accounts seamlessly!


    7. It provides you value-added services
      At www.reliancemoney.com you get
      1. Reliable research, including views of external experts with an enviable track record.
      2. Live news updates from Reuters and Dow Jones.
      3. CEOs/ Expert views on the economy and financial markets.
      4. Tools that help you plan your investments, tax, retirement, etc, in the Personal Finance section.
      5. Risk Analyser for analysis of your risk profile.
      6. Asset Allocators to build an appropriate investment portfolio.

    Sharekhan Stock Trading

    Sharekhan is online stock trading company of SSKI Group, provider of India-based investment banking and corporate finance service. ShareKhan is one of the largest stock broking houses in the country. S.S. Kantilal Ishwarlal Securities Limited (SSKI) has been among India’s leading broking houses for more than a century.

    Sharekhan's equity related services include trade execution on BSE, NSE, Derivatives, commodities, depository services, online trading and investment advice. Trading is available in BSE and NSE. Along with Sharekhan.com website, ShareKhan has around 510 offices (share shops) in 170 cities around the country.

    Share khan has one of the best state of art web portal providing fundamental and statistical information across equity, mutual funds and IPOs. You can surf across 5,500 companies for in-depth information, details about more than 1,500 mutual fund schemes and IPO data. You can also access other market related details such as board meetings, result announcements, FII transactions, buying/selling by mutual funds and much more.


    Trade In: BSE and NSE

    Type of Account


    Classic Account Trading Terminal
    1. ShareKhan Classic account

      Allow investor to buy and sell stocks online along with the following features like multiple watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with price alerts and Instant credit & transfer.
      1. Online trading account for investing in Equities and Derivatives
      2. Free trading through Phone (Dial-n-Trade)
        1. Two dedicated numbers for placing your orders with your cellphone or landline.
        2. Automtic funds tranfer with phone banking (for Citibank and HDFC bank customers)
        3. Simple and Secure Interactive Voice Response based system for authentication
        4. get the trusted, professional advice of our telebrokers
        5. After hours order placement facility between 8.00 am and 9.30 am
      3. Integration of: Online trading + Bank + Demat account
      4. Instant cash transfer facility against purchase & sale of shares
      5. IPO investments
      6. Instant order and trade confirmations by e-mail
      7. Single screen interface for cash and derivatives

    2. SpeedTrade Treading Terminal
    3. ShareKhan SpeedTrade account

      This accounts for active traders who trade frequently during the day's trading session. Following are few popular features of SpeedTrade account.
      1. Single screen interface for cash and derivatives
      2. Real-time streaming quotes with Instant order Execution & Confirmation
      3. Hot keys similar to a traditional broker terminal
      4. Alerts and reminders
      5. Back-up facility to place trades on Direct Phone lines

    Brokerage:

    Some stock trading companies charge direct percentage while others charge a fixed amount per Rs 100. Sharekhan charges 0.5% for inter day shares and 0.1% for intra day or you could say Sharekhan charges 50 paise per Rs 100.

    How to open account with Sharekhan?

    For online trading with Sharekhan, investor has to open an account. Following are the ways to open an account with Sharekhan:

    • Call them at phone number provided below and ask that you want to open an account with them.
      1. Call on Toll free number: 1-800-22-7500 to speak to a Customer Service executive
      2. If you are in Mumbai call on 022-66621111
    • Visit one of their branches. Sharekhan has a huge network all over India. Click on http://sharekhan.com/Locateus.aspx this link to find out your nearest branch. Just select the place near you and you'll find a manager to assist you there.
    • You can send them an Email on info@sharekhan.com to know about their products and services.
    • If you wish to chat with customer service representative, you can join the chat sesssion.

    Advantages of Sharekhan:

    1. Online trading is very user friendly and one doesn't need any software to access.
    2. They provides good quality of services like daily SMS alerts, mail alerts, stock recommendations etc.
    3. Sharekhan has ability to transfer funds from most banks. Unlike ICICI Direct, HDFC Sec, etc., so investor not really needs to open an account with a particular bank as it can establish link with most modern banks.

    Disadvantages of Sharekhan:

    1. They charge minimum brokerage of 10 paisa per stock would not let you trade stocks below 20 rs. (If you trade, you will loose majority of your money in brokerage).
    2. Lots of hidden rules and charges.
    3. They do not provide facility to book limit order trades during after-hours.
    4. Classic account holders cannot trade commodities.
    5. Cannot purchase mutual funds online.

    Useful links about ShareKhan/Contact Sharekhan at:

    1. ShareKhan Website: http://www.ShareKhan.com
    2. Product Demo - SpeedTrade: http://www.sharekhan.com/Demos/speedtrade/index.html
    3. Product Demo - Classic: http://www.sharekhan.com/Demos/classic/index.html
    4. Email: info@sharekhan.com
    5. FAQs: http://sharekhan.com/KnowledgeCentre/Sharekhan_FAQ.aspx
    6. Phone: 022-66621111
    7. Toll Free: 1-800-22-7500

    ICICIDirect Stock Trading

    ICICIDirect (or ICICIDirect.com) is stock trading company of ICICI Bank. Along with stock trading and trading in derivatives in BSE and NSE, it also provides facility to invest in IPOs, Mutual Funds and Bonds. Trading is available in BSE and NSE.

    Type of Account

    1. Share Trading Account

      Share Trading Account by ICICIDirect is primarily for buying and selling of stocks in BSE and NSE.
      This account allows Cash Trading, Margin Trading, MarginPLUS Trading, Spot Trading, Buy Today Sell Tomorrow and Call and Trade on phone.
      ICICIDirect.com website is the primary trading platform for this trading account. They also provide installable application terminal based application for high volume trader.

    2. Wise Investment Account

      Along with stock trading and IPO investing in BSE and NSE, Wise Investment account also provide options to invest in Mutual Funds and Bonds online.
      Online Mutual funds investment allows investor to invest on-line in around 19 Mutual Fund companies. ICICI Direct offers various options while investing in Mutual Funds like Purchase Mutual Fund, Redemption and switch between different schemes, Systematic Investment plans, Systematic withdrawal plan and transferring existing Mutual Funds in to electronic mode. This account also provides facility to invest in Government of India Bonds and ICICI Bank Tax Saving Bonds.
      ICICIDirect.com website is the primary tool to invest in Mutual Funds, IPOs, Bonds and stock trading.

    3. Active Trader Account

      Active Trader account gives more personalized investment options to the investors. It allows investor to use online and offline stock trading. It also provides with independent market expertise and support through a dedicated Relationship Manager from ICICI.
      Active Trader also provides commodity trading.

    Brokerage and fees :

    1. Account opening fees : Rs 750/- (One time non-refundable)
    2. Brokerage : ICICIDirect.com brokerage varies on volume of trade and inclusive of demat transaction charges, service taxes and courier charges for contract notes. It ranges from 0.1% to 0.15% for margin trades, 0.2% to 0.425% for squared off trades and 0.4% to 0.85% on delivery based trades.
      Check latest rates at: http://content.icicidirect.com/mailimages/feeschedule.htm

    How to open account with ICICIDirect?

    For Online Stock Trading with ICICI, investor needs to open 3 accounts...ICICI Bank Account, ICICI Direct Trading Account and ICICI Demat Account (DP Account).

    Note: If you already have a bank account or demat account with ICICI, you could link it with new ICICIDirect trading account.

    Opening trading account with ICICI is easy. You could use one of the following options to open account with ICICIDirect.

    • Visit ICICIDirect.com and fill the "Open an Account" form.
    • Call ICICI and tell them that you are interested in opening an account with them.

    In both the cases ICICI representative contact you in a day or two and tell you about the procedure to open the account. They usually send somebody to your home to collect documents, signature and for demo if required.

    Advantages of ICICIDirect

    1. 3-in-1 account integrates your banking, broking and demat accounts. All accounts are from ICICI and very well integrated.
    2. Investment online in IPOs, Mutual Funds, GOI Bonds, and Postal Savings Schemes all from one website. General Insurance is also available from ICICI Lombard.
    3. Trading is available in both BSE and NSE.

    Disadvantages of ICICIDirect

    1. Getting access to ICICIDirect.com website during market session can be frustrating.
    2. ICICIDirect brokerage is high and not negotiable.
    3. Not all stocks are available under Margin Plus.

    Useful links about ICICIDirect

    1. Website: http://www.ICICIDirect.com
    2. Product Demo: http://content.icicidirect.com/mailimages/indexpage.html
    3. FAQs: http://content.icicidirect.com/indexfaq.asp

    Tuesday, March 11, 2008

    ADT (Abstract Data Type) vs Data Structure

    ADT(Abstract Data Type) is a logical description and data structure is concrete. ADT is the logical picture of the data and the operations to manipulate the component elements of the data. Data structure is the actual representation of the data during the implementation and the algorithms to manipulate the data elements. ADT is in the logical level and data structure is in the implementation level.

    ADT is implementation independent. For example, it only describes what a data type list consists (data) and what are the operations it can perform, but it has no information about how the data list is actually implemented.

    An Abstract Data Type (ADT) is:
    1. set of values
    2. set of operations, which can be applied uniformly to all these values

    To abstract is to leave out information.

    Whereas data structure is implementation dependent, as in the same example, it is about how the List implemented ie., using array or linked list. Ultimately, a data structure is how we implement the data in an abstract data type or a data structure is a implementation of ADT.
    A Data Structure is a way of organising of data elements in computer memory in a manner that is convenient to perform operations on it.Each Data Structure mainly specifies the following :

    1.Representation of data elemnts
    2.Relationship among data elemnts
    3.Access methods

    Example :

    A class is an ADT,

    1. list of all data items called instance variables
    2. The list of operations on the data items called functions
    3. The data representation is all the fields that are contained within the object

    If there is no external access to the data representation, you have an abstract data type

    the implementation of this ADT is called data structure

    we will implement all the functions in a class such that we can perform operations on data.

    Stack ADT :

    Data :

    1. set of int values (as a example)
    2. top

    Operations :

    push()
    pop()
    makeEmpty()

    Data Structure :
    Implementation of Stack ADT means we will implement the push,pop,makeEmpty operation so that we can perform operations on the data to serve the required purpose.

    Monday, March 10, 2008

    Shares

    Share market is like a casino play.we can be so profitable & we can be da unluck person on other side. In Share market we can earn huge profits by experience & risk.It is of huge fluctuations no one knows when the market goes up or dips. Our profit is based on this ups & dips only,it is some what like happiness or sadness in our life.

    Anyone can say only one thing to naive investors it is some what like investing amount in the bank.The only difference is that investment in bank is of no risk you will get a gain of little amount for your investment it is compuslory where as in share markets investment is of high risk you can get huge profits or losses also. so for the investent in share market we have to remember two main principles while investing.

    1. We must get our investments back in the share market with profits.
    Never invest the full amount on shares

    2. Overall technical study is needed whil buying shares of a company.
    Track the market ups & dips,plan your strategy according to it.

    Note : donot never forget to enable stop losses 4r ur shares !!!

    On other side Mutual Funds is the right category for those who doesn't want to take so much risk.The risk in MF is low than direct investment in shares.

    What is Mutual Funds ?

    In MF we are indirectly investing amount on share market through a company who invest on share market by deep analysis of market.The company will share profit to all its investors.

    Online Stock Brokers :

    1. ICICI Stock Trading

    2. Sharekhan Stock Trading

    3. Reliance Money

    4. Religare Stock Trading

    5. Oswal Securities Stock Trading

    6. HDFC Securities Stock Trading

    7. India Bulls Stock Trading

    8. 5Paisa Stock Trading

    9. Kotak Securities Stock Trading





    Thursday, March 6, 2008

    Mock Exam on Collections & Generics - 4

    1) what is the result compiling and running the following piece of code?

    import java.util.*;

    class Test {

    public static void main(String [] args) {

    Set vals = new TreeSet();

    vals.add("one");

    vals.add(1);

    vals.add("two");

    System.out.println(vals);

    }

    }

    Options :

    a) Does not Compile

    b) Compiles with warning and prints output [one, 1, two]

    c) Compiles without warning and prints output [one, 1, two]

    d) Compiles with warning and throws exception at runtime

    e) Compiles without warning and throws exception at runtime

    Answer :

    D are correct Answers.

    Compiles with warning due to un-safe assignment List vals = new ArrayList();

    Since TreeSet is used, it will try to sort by natural order. Due to the presence of Integer (vals.add(1);) in the collection, it will throw ClassCastException at runtime(While try to cast Integer in to String).



    2) which of the following piece of code can be inserted to make the following code to compile?

    import java.util.*;

    class PickThePiece {

    public static void main(String [] args) {

    //insert the first line here

    datas.add("delhi");

    datas.add(new Object());

    //insert the second line here

    }

    }

    Options :

    a) List datas = new LinkedList();

    String data = datas.get(0);

    b) List datas = new LinkedList();

    String data = (String)datas.get(0);

    c) List datas = new LinkedList();

    String data = (String)datas.get(0);

    d) List datas = new LinkedList();

    String data = datas.get(0);

    e) all the above

    Answer :

    B is the correct answer.

    A is wrong because datas.get(0) will return a Object which cannot be directly assigned to a String without casting. C and D are wrong because Object cannot be added to a List of String.



    3) What is the result of compiling and running the following code?

    import java.util.*;

    class SampleTest {

    public static void main(String [] args) {

    List samples = new ArrayList();

    samples.add("100");

    samples.add(200);

    samples.add("300");

    printData(samples);

    }

    static void printData(List samples) {

    for(String sample : samples) {

    System.out.print(sample + " ");

    }

    }

    }

    Options :

    a) Prints 100 200 300

    b) Compile time error

    c) Compiles without warning

    d) Compiles with warning

    e) Runtime Exception

    Answer :

    D, E are correct answers.

    It produces warning since un-safe List samples is passed to a type safe collections(as a method argument).

    Since samples.add(200), adds a Integer in to collection. While iterating through enhanced for loop, Integer is tried to cast to String causes ClassCastException.



    4) Consider the following code, select the valid options given below.

    class Fruit {}

    class Apple extends Fruit {}

    class Orange extends Fruit {}

    Options :


    a) List stmt = new ArrayList();

    b) List stmt = new ArrayList();

    c) List stmt = new ArrayList();

    d) List stmt = new ArrayList();

    e) All the above

    f) None of these

    Answer :

    E is the correct answer. All these options are valid.

    Keyword "super " – allows the type followed by keyword and its super type(parent ).

    Keyword "extends" – allows the type followed by keyword and its sub type(child).



    5) What is the output of the following code?

    import java.util.*;

    class Color {}

    class Blue extends Color {}

    class Red extends Color {}

    class TestColor {

    public static void main(String [] args) {

    1) List colors = new ArrayList();

    2) colors.add(new Color());

    3) colors.add(new Blue());

    4) colors.add(new Red());

    5) alterColor(colors);

    6) System.out.println(colors);

    }

    static void alterColor(List clrs) {

    7) clrs.add(new Object());

    }

    }

    Options :

    a) Compile time error due to lines 3 and 4.

    b) Compile time error due to line 5.

    c) Compile time error due to line 7.

    d) Compiles with warning and produces some output.

    e) Compiles without warning and produces some output.

    f) Compiles fine and Exception is thrown at runtime.

    Answers :

    D is the correct answer.

    Warning is due to non-type safe method call. Within the alterColor() method adding a new Object is not a issue because the collection becomes non-type safe.


    6) what is the result of the following code ?

    import java.util.*;

    class Bird {}

    class Duck extends Bird {}

    class Hen extends Bird {}

    class FuzzyTest {

    public static void main(String [] args) {

    Map birds = new HashMap();

    birds.put("bird", new Bird());

    birds.put("hen", new Hen());

    birds.put("duck", new Duck());

    Map bs = addBirds(birds);

    for(String b : bs.keySet())

    System.out.print(b + " ");

    }

    static Map addBirds(Map brds) {

    brds.put("bird", new Object());

    return brds;

    }

    }

    Options :

    a) Compiles and prints output "bird hen duck".

    b) Compiles and prints output "bird duck hen".

    c) Compiles and prints some output order cannot be determined.

    d) Run time Exception.

    e) Compilation fails.

    Answer :

    E is the correct answer.

    Since bs is non-typesafe collection, bs.keySet() returns Object. But in enhanced for loop string is used to catch the returned values, that leads to compilation error.


    7) what are the valid statements can be filled in the blank, to make the code to compile and run?

    import java.util.*;

    interface Eat{}

    class Animal implements Eat{}

    class Dog extends Animal {}

    class Cat extends Animal {}

    class AnimalTest {

    public static void main(String[] args) {

    List a = new ArrayList();

    List d = new ArrayList();

    List c = new ArrayList();

    checkAnimal(a);

    checkAnimal(d);

    checkAnimal(c);

    }

    static void checkAnimal( ________________ pets) {

    System.out.print("animals checked here");

    }

    }

    Options :

    a) List

    b) List

    c) List

    d) List

    e) List

    f) All of the above

    Answer :

    A , C and E are the correct answers.

    Keyword "super " – allows the type followed by keyword and its super type(parent ).

    Keyword "extends" – allows the type followed by keyword and its sub type(child).

    Wild card ? – allows everything.



    8) what is the output of the following code?

    import java.util.*;

    class Example {

    public static void main(String [] args) {

    Set values = new TreeSet();

    values.add("yet");

    values.add("get");

    values.add("bet");

    displayValues(values);

    }

    static void displayValues(Set values) {

    values.add("wet");

    for(Object v : values)

    System.out.print(v + " ");

    }

    }

    Options :

    a) Compiles and gives output "yet get bet wet".

    b) Compiles and gives output "bet get wet yet".

    c) Compilation fails

    d) Compiles with warning and Exception thrown at runtime.

    e) Compiles without warning and Exception thrown at runtime.

    Answer :

    C is the correct answer.

    When we use wildcard(?) to catch the collection , then modifications are not allowed in that collection. Here values.add("wet") will throw error at compilation time.


    9) Choose the valid ways to create an object for the following class.

    class GenTest {

    T num;

    public T checkNumber(T n) {

    return n;

    }

    }

    Options :

    a) Compilation fails.

    b) GenTest gt = new GenTest();

    c) GenTest gt = new GenTest();

    d) GenTest gt = new GenTest();

    e) None of the above.

    Answer :

    A is the correct answer.

    Since is an invalid syntax. If super keyword is replaced by extends, then B and C will be the valid answers.



    10) Choose the valid constructors for the following class.

    class Generics{}

    Options :

    a) public Generics(){}

    b) public Generics(){}

    c) public Generics(T t){}

    d) public Generics(){}

    e) All the above.

    Answer :

    A,C and D are correct answers.

    B is incorrect because of improper syntax.