10 Years of tradejini

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It was back in 2012, when 2 entrepreneurs having a combined experience of over 60 years in stock broking and Stock Investing decided to start a company that solely focuses on the emerging needs and demands of traders and investors, delivering in class digital experience and support. Right from the beginning, Tradejini focused on minimising the cost of transactions to ethically maximise the profits of the clients in the long term. This very client centric nature of Tradejini has won loyal clients over the decade.Read more...

One Stamp Duty | Unified Stamp Duty Effective 01st July 2020

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What is Stamp Duty? It is a direct tax collected by State Governments under Section 3 of the Indian Stamp Act, 1899. It is levied on documents with financial transactions, it includes property transactions, bills of exchange, promissory notes, letters of credit etc. A Stamp Duty paid document is considered a legal document which can be presented as evidence in court of law. What is Unified Stamp Duty / One Stamp Duty? The Finance Bill, 2019, contain certain amendments in the Indian Stamp Act, 1899 (the Act) brings uniformity in the levy of stamp duty on securities market. Till 31st March 2020, stamp duty will be charged at different rates based on your State of residence. But, with effect from 01st April 2020, stamp duty will be charged uniformly irrespective of the State of residence. The collection of Stamp Duty is also revised, Till 31st March 2020, we (Brokers) will collect it from you and pay it directly to the respective State Governments but effective 01st April 2020, we (Brokers)...

spread order

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What is a Spread Order? A spread order is an advanced order that has multiple legs/orders within a single order. There are 3 types of Spread Orders. SP(Spread) order, 2L order and 3L order. SP orders are used primarily for two reasons Trade Calendar Spreads Roll-over existing positions Let’s understand them better. Calendar Spreads At its core, a calendar spread order performs two actions simultaneously Going long (buying) on one scrip/contract Going short (selling) on another script/contract, and vice versa Here, the desired scrip/contract is of the same underlying. Let us explain further... Scrips of the same underlying with different expiry dates are available at different prices. This price difference is known as the Spread. Traders initiate a calendar spread order with the intention of profiting on the movement of this Spread. Say Nifty Sept is trading at Rs.9800 and Nifty Oct is trading at Rs.9900, the price difference between these contracts, ie Rs.100 is known as the spread. And this is indicated as a...

after market order

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The Indian Stock Market is up and running on all weekdays for Equity segment, from 9:00am - 3:30pm F&O segment, from 9:15am - 3:30pm Currency segment, from 9:00am - 5:00 pm Commodity segment, from 10:00am - 11:45pm There are many of you that cannot participate in the markets during these hours for various reasons, the most common being attending to your primary profession or your day job. Fret not, the Jini has answered your wishes, because now, thanks to the AMO feature, you will never miss a trading opportunity ever again. What is an After Market order? AMO is an advance order that allows traders to place buy/sell orders after regular market hours. In other words, an AMO is similar to a normal order with the exception that it is placed after regular market hours. An AMO for different segments have set time slots for it to be considered as valid, and they are Products AMO slots Equity spot/cash Market 5:00pm to 8:59am Equity F&O Market 5:00pm to...

basket order

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What is a Basket Order? Basket Order is a handy feature provided by Tradejini to all traders. It is an amalgamation of all your orders listed in a single window. This changes everything! Now, you will no longer have to place all your orders individually as multiple orders can be executed at an instance with a Basket Order. How does a Basket Order work? A Basket Order enlists all your orders in one window. This can be extremely time-saving as traders usually place multiple orders one by one. To elaborate further, Assume Ramji, our superficial but extremely adventurous fictional character, has to buy groceries from the nearby supermarket. Ramji enters the supermarket and walks the aisles for a while, he picks a 5kg packet of sugar and proceeds to the cash counter where he gets his item billed and pays for it. Ramji walks back to the aisles, picks up a 10kg bag of wheat, walks back to the cash counter to complete the purchase. Ramji now explores...

shares and commodity trading in one account

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Starting 01 April 2018 we unfold a new chapter of trading in the Indian stock market where commodity and equity clients can trade with a single entity. Let’s understand the history/background of this new chapter. The Indian derivatives market is divided between equity, currency & commodity market where Equity & Currency market was regulated by SEBI and The commodity market was regulated by forwarding Market Commission (FMC). Arun Jaitley (Finance Minister of India) during the budget presentation of 2015 proposed SEBI as the single regulator of equity, currency & commodity derivatives market and as a result, SEBI on 28 Sept 2015 took charge as the single regulator. SEBI being a single regulator on Sept 2017 proposed trading in equity and commodity market via a single entity. So what is in to for Traders?? Current Scenario Individuals who trade in both equity and commodity market have to transfer money to 2 companies (one of equity & other of a commodity) and this was a huge constraint as it would result...