What is HDFCsec.com?
HDFC Securities Limited is one of India’s premier broking houses and is promoted by the HDFC Group. HDFC Securities provides Online Trading in both Equity & Derivatives Segment on NSE & BSE. |
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What is a brokerage service?
It is a service that enables you to buy or sell equity shares, debentures, mutual fund units or related financial instruments. The brokerage house receives a commission for trading in such securities. |
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How are financial instruments bought and sold?
Till the 1990s, buying or selling of financial instruments used to happen in a physical sense. Not only there was a need to verbally express every transaction, but there were also various documents that had to be exchanged between the user (may be a buyer or a seller) and the service provider each time a transaction took place.
A user also had to complete formalities (like attaching transfer stamps on the security, putting multiple signatures, writing the postal address etc.) each time there was a transfer of ownership. The user then would inform the issuer of the security (mostly by post with the original documents, stamped & signed) if he wanted to register as the owner of the said security.
In the 1990s, NSE introduced screen-based trading, where the buying and selling would take place on the exchange’s electronic system. Subsequently, the BSE too introduced screen-based trading. Over the next few years, only dematerialised shares were allowed to be traded on the stock exchanges, doing away with maintaining reams of paper. |
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What is e-broking or online trading?
E-broking is the process of buying or selling securities through the Internet. To trade online, you need to have access to a personal computer (with a modem), a telephone and an Internet account with any one of the Internet service providers. HDFCsec.com as a brokerage house offers users an interface on the Internet (what you see when you log on to our site) and also offers the required guidance for them to place buy or sell orders over the Internet. In India, the NSE and BSE allow brokerage houses like HDFCsec.com that are registered with the Securities Exchange Board of India (SEBI) to offer e-broking facilities to their users. |
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What services does HDFCsec offer?
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What is "convenience broking"?
Our concept ‘convenience broking’ does away with the need for you to personally interact with the bank and the depository participant for each trade that you execute. You simply do so online. |
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What information and database will HDFC Securities provide?
We provide a host of value-added research products for our clients. These include :
| Investment advice on companies, derivatives instruments, IPOs & mutual funds, fundamental research on companies and research, news reports, online databases and tools to conduct financial analysis, charting tools and articles to enhance the knowledge base of the investing community |
| We provide a comprehensive coverage of the capital markets in a phased manner, so that all your investing demands and the need for financial security is met at one place. |
| We are working towards introducing more features such as discussion boards, where you can debate on investing issues and stocks, meet like-minded investors and chat rooms where experts will answer investor queries |
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What type of customers can open securities trading accounts?
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. |
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Why should I trade through HDFCsec?
Trading through HDFCsec offers you an unbeatable combination of convenience, transparency and trust.
Convenience comes from buying or selling shares over the phone or over the Internet – sitting at your home/office or through any of our branches. You don’t necessarily have to be connected to the internet; our off-line service allows to call us on a land line and execute your transactions. All activities are also seamlessly integrated so that you need to call or click just once and the entire cycle right up to the settlement of your trade is taken care of.
Transparency comes in the form of information that we supply to you, in dealing with your accounts, in keeping you updated on your transactions, your fund/share balances and your positions in your securities account and a host of other relevant information to help you with your own investment decisions. Needless to say HDFCsec will adhere to the finest standards of corporate behaviour while dealing with your finances.
Trust originates from the pedigree of the HDFC Group, from the high quality of its service standards exhibited over the last three decades and through the strong commitment it has shown to its clients, shareholders and external agencies. In addition to these service standards and commitment, we also offer you excellent security features like 128-bit encryption. Click here for About Us
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Whom should I call if I need information on HDFCsec?
You can reach us at Mumbai by simply dialling 022-28346600 (Mumbai), 1-800 22 9700 (All India - toll free) or +91 22 28346685 (NRI Help Desk). You can also write to us at customercare@hdfcsec.com
Once you have registered with us as a client, we will send you our points of contact as well as the name of the concerned customer-care officers, who will be there to service you at your doorstep. Alternatively, you could also walk in to any of our branches – a branch network is being set up all across the country. |
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