Rules & Regulations

A) Introduction
This document contains important information regarding the terms and conditions, which apply to your Net -Trading Account with Alice Blue Financial Services (P) Ltd. PLEASE READ THIS DOCUMENT CAREFULLY and retain it for future reference. Please note that the information contained herein is subject to change without notice.

Opening your Trading Account
To start Net trading with Alice Blue Financial Services (P) Ltd. you need to open a trading account and a Depository (or Demat shares) Account with Alice Blue Financial Services (P) Ltd. All receipts and payments for buying and selling of shares and all commissions and charges will be posted to your trading account. Shares that you buy and sell through the trading account will be received in or delivered from your Demat account. Trading account refers to the account of the client maintained by Alice Blue Financial Services (P) Ltd in their books of accounts. Demat account refers to the account opened by you with Depository for holding securities in electronic form. For the purpose of Net-Trading through Alice Blue Financial Services (P) Ltd. Demat account refers to the account opened by a client with “Central Depository Services Ltd” (CDSL) through Alice Blue Financial Services (P) Ltd. as Depository Participants (DP). If you already have a Demat Account with Alice Blue Financial Services (P) Ltd., then the same Account can be linked to your Net trading Account. Just give us your Account details at the time of becoming a Net trading customer. Before we can make your Account operative, we require that you fill and sign all forms/agreements which form part of your Account opening kit, and supply us with all the relevant legal documents and financial information which law requires us to maintain. You warrant and represent that the information that you supply in your Account Application is accurate and truthful. please check with our Privacy Policy. You also expressly authorize Alice Blue Securities (P) Ltd. to obtain reports concerning your credit standing and business conduct. If your application is approved, Alice Blue Financial Services (P) Ltd. will open a Net trading Account (an “Account”) for you. We reserve the absolute right to either accept or reject your application on any grounds whatsoever and you agree that you shall not dispute the result in any manner whatsoever.

B) Investment advice You acknowledge that while Alice Blue Financial Services (P) Ltd. does provide advice regarding the suitability or profitability of a Scrip or investment, or any other tax or legal advice it may add on from time to time, You assume full responsibility with respect to transactions in or for your Account and your investment decisions. Alice Blue Financial Services (P) Ltd. and its officers, directors, employees, agents, and affiliates will have no liability with respect to transactions in or for your Account and your investment decisions.

C) Applicable rules and regulations All transactions in your Account shall be subject to the constitution, rules, regulations, customs and usage of the exchange or market, and its clearinghouse, if any, where the transactions are executed by Alice Blue Financial Services (P) Ltd. or its agents, including Alice Blue Financial Services (P) Ltd subsidiaries and affiliates. Also, where applicable, the transactions shall be subject to the provisions of the Securities and Contracts Regulations Act (SCRA), as amended, and to the rules and regulations of the Securities and Exchange Board of India (SEBI), National Securities Depository Limited (NSDL), the exchanges where Alice Blue Financial Services (P) Ltd will facilitate trading, and any applicable self-regulatory organization

D) Who is eligible You can open these Accounts if you are over 18 years and if you will operate this on an individual basis. It is open to resident Indians only. Indian regulations require us to maintain basic financial details about each client. You need to provide us the details of your bank account. Your signatures on the Account opening form need to be the same, as maintained in the bank records. All Resident Individuals need to provide us Income Tax returns details – IT PAN/GIR number, during your Account opening process

E) Commissions and fees As mutually agreed and subject to the maximum prescribed by SEBI

F) Depository Account
1. Joint Accounts
Your Demat Account can be held jointly with other people (typically relatives). For your Demat Account, an instruction given to us by someone who knows your password will be necessary and sufficient condition to effect a transaction. Please note that normally regulations require both the Account holders to sign on instruction but that you are agreeable to any transactions on such Account being executed in the manner outlined above.
2. Nomination
You can also nominate someone in your Demat Account, who becomes the beneficiary of the shares held in the Account in the unfortunate event of your demise.

H) Digital contract notes
Contract notes, as per the prevailing rules and regulations, shall be issued within the stipulated time limit by e-mail to the address submitted by you.

I) Exposure Limit
Exposure is subject to the peak margin requirement prescribed SEBI and Different scrips attract different margins.

J) Compliance action
We may initiate compliance action in case of any default in payments of any dues receivable by us from the client. A. Compliance action includes but not limited to – –
Squaring off of outstanding transactions.
We have full LIEN ON CASH AND SECURITIES BALANCES in trading account /depository account of the client and may sell such securities lying with us or stock lying in client depository account with us. Any loss arising out of squaring off or sale of securities will be to the client account and we will not be liable for any cost or damage or any consequences thereof. Locking / suspending client account and no further transactions will be allowed till the time all dues are settled or till the time as may deem fit by us. Withholding payout of securities bought by the client against any dues receivable by us. Levy of interest @24 p.a. for any delay in receipt of our dues, which includes pay in amount, margin amount, fees, commission, or pay other charges and please check with our Privacy Policy. We may take any one or all compliance actions as mentioned above and will intimate to the client on compliance action being taken and details thereof.




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