We are a SEBI registered intermediary and a corporate Trading cm Clearing member of the Capital Market segment of the National Stock Exchange (NSE) & The Bombay Stock Exchange (BSE). At the BSE, we also have a registration under the derivative segment. Being the subsidiary of a Regional Stock Exchange, we only trade for the clients of our sub brokers, as per SEBI mandate. If you are looking to tr
ade through us, all you need to do is to register as a client with one of our sub brokers, who are also members of Cochin Stock Exchange Ltd. Commence trading, after entering into a tripartite agreement with ourselves as trading member and the sub-broker. Over 138 sub brokers are presently affiliated to us, having their offices all over Kerala. Our trading and settlement functions are completely automated with state-of-art technology, in addition to our well-experienced staff catering to client needs. (We bank with UTI Bank, The South Indian Bank and The Federal Bank to ensure a smooth funds transfer arrangement during trading operations and more importantly to reassure ourselves that client payouts are prompt.). At the Primary market scenario, our investor services consists of collecting and uploading bids from investors, while the issue remains open, at no cost to investors. Our Facilities:
CSBL uses the up-to-date version of the MULTEX(CMC) and ODIN(Microsign Technologies) as front-end trading softwares. MULTEX software combines NSE and BSE trade screens in a single computer monitor. This gives arbitrage opportunities and operational convenience to traders and investors. We stay connected to NSE and BSE by VSATs and leased line. Further our sub brokers trade through a variety of networking options such as VSAT, ISP (Asianet), ISDN, Dial up and LAN, offering cost efficient connectivity options. CSBL with its own centralized VSAT network is in a position to provide the connectivity on all India basis. Clearing & Settlement System:
We follow the T+2 settlement cycle. Our trading activities are carried out through 4 Banks. Pay-in of funds is by way of direct debits to the settlement accounts maintained by our clients having bank accounts at these banks or with other banks. Further, investors maintaining accounts with our clearing banks can avail the ‘anywhere banking’ facility offered, enables payments from anywhere in India on a real time basis. Whereas the securities pay-in/pay-out is via the demat mode through the Central Depository Services (India) Ltd, with whom we are a depository participant. Margins debits are effected on T+1 basis by electronically debiting the accounts of clients. Pay out of funds is delivered directly to the client account. In all cases, payments are inevitably allowed only through account payee cheques. Contract Notes:
For every trade, a contract note is issued with 24 hours, with an option to the investor to receive the same in the electronic form. Once the investor exercises this option, he gets his note via the e-mail id given by him during client registration. Apart from which; our ‘iLedger Core broking‘ software provides an anytime viewing of the trades done by him. Complaints/Grievance
You may contact us for you queries, suggestions, feedback, complaints, grievance by sending mail to :
[email protected]
