The term E-Broking stands for Electronic-Broking. It is purchase and sale of shares through the Internet. In the real world, you place orders on your stockbroker either verbally (personally or telephonically) or in a written form (fax). In Online Trading, you can access your stockbroker's website through your internet-enabled PC and place orders through the broker's internet-based trading engine. These orders are routed to the Stock Exchange without manual intervention and executed thereon in a matter of a few seconds.
Advantages of this are as under
Single screen
order/trade entry, without going through the hassles of giving transfer
instruction, writing cheques.
Instant order/trade confirmation gives you similar trading
experience as exchange based software without the burden of overhead and
maintenance cost.
A refreshing experience of getting outstanding research
based advice on intra day and delivery trades on the same screen.
Live quotes of NSE–Cash/Derivative, BSE Cash,
Commodity. Create multiple market watches, default market watch –
NIFTY, SENSEX, Industrial. You can add NSE-Cash, Derivative & BSE
script on the same market watch.
Get 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 of funds through HDFC Bank.
Access to latest research reports, daily market dairy,
pivot points, derivative dairy.
View top 20 shares by value or volume traded, along with
top gainers / losers.
