Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf.
Geojit BNP Paribas is cash equity and derivatives broker with extensive experie...
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139. Geojit bnp paribas Nov 10, 2011 9:54:45 AM IST | Reply
Did You Konw - 13 :- Information on Multiple Demat accounts attached to a single trading a/c. Multiple Demat accounts (Only Geojit DP a/c with POA) can be linked to single Trading account. Scripwise total qty across all linked demat a/c will be displayed under ‘Portfolio’ in Flip. For e.g. if client has 10 Infosys in Demat a/c No. XYZ and 7 Infosys in Demat a/c no. ABC then Flip will display holding as 17 Infosys shares. Shares held under Margin Funding Demat a/c will also be displayed in Portfolio in Flip.
138. Geojit bnp paribas Nov 8, 2011 3:39:29 PM IST | Reply
Did You Konw - 12 :- Brokerage Slabs for online and Offline clients. The brokerage slabs in Online Trading is based on Calendar month volumes whereas in Offline it is based on Daily Volumes. In Geojit, the reduced Online brokerage slab is applied on the day when client crosses volume on any given day during the month. This ensures that excess Service Tax is not deducted. Most brokers often recalculate reduced broekrage after the end of the period that results in excess Service Tax deduction which is not refunded.
137. Geojit bnp paribas Nov 5, 2011 10:17:08 AM IST | Reply
Did You Konw - 11 :- Market Orders Placement for Options. In Flip we do not allow Market Orders for Options Buy contracts because the last traded price has no relevance with the actual execution price.
136. Geojit bnp paribas Nov 3, 2011 1:49:38 PM IST | Reply
Did You Konw - 10 :- MArket Order placement in BSE. You will normally get this error ‘Kill Minimum Fill’ when market order is placed in BSE. Hence it is preferred to avoid placing Market orders in BSE. BSE has the concept of Protection % that must be mentioned while placing Market orders. What is Protection %: While placing a market order on BSE (Not applicable for NSE), you can specify the maximum percentage deviation from the Current Offer / Bid up to which the market order can be executed.
Consider the example where the Bid and Offer Price for a given stock is 99 and 100 respectively. In case you place a market buy order with a protection percentage of 20% the order will go to the exchange as a market order of Rs. 120 and will be executed at Rs. 120 or at a better rate. However, in case it is found that there is no offer of Rs. 120 or better in the exchange this order will be suo moto cancelled by the exchange. In case of part execution of this order at Rs. 120 the remainder of the order will be converted to a limit order at Rs. 120.
In case you place a market sell order with a protection percentage of 20% the order will go to the exchange as a market order of Rs. 79.20 and will be executed at Rs. 79.20 or at a better rate. However, in case it is found that there is no bid of Rs. 79.20, the order will get cancelled. In case of part execution of this order at Rs. 79.20 the remainder of the order will be converted to a limit order at Rs. 79.20.
135. Greed & Fear Nov 1, 2011 7:01:20 PM IST | Reply
Thanks Geojit...but since you dont allow to short on day 1, I dont think that would suit me. Anyways thanks for the info..However angel allows me...
134. Geojit bnp paribas Nov 1, 2011 6:52:00 PM IST | Reply
Hi Mr. Wasim, if you are using your mobile/ Pc for placing orders, in that case you will be treated as an online client. Offline client can only watch Real time market on there mobile, but cant place orders.
If you want our executive will contact you, where do u live in mumbai? We have more than 20 brances in mumbai.
133. Geojit bnp paribas Nov 1, 2011 4:36:59 PM IST | Reply
Did You Konw - 09 :- Information on Pool clearing. Pool clearing of BTST positions is done on T+4 day if the same are not squared off by client or if there is debit in the account. Tentative list of shares that may go in Pool Selling is available in Backoffice on the basis of debit on T+3 day morning. The actual list may change on T+4 day based on positions squared-off and or making adequate payments. Note :Interest @22% is levied from T+4 day till date of settlement including holidays.
132. Geojit bnp paribas Nov 1, 2011 4:34:56 PM IST | Reply
Hi, Greed & Fear
if you are an offline client, you can short sell any script. But if you are an online client then script on its listing day you can not short sell. for demo account contact your nearest geojit branch. or tell us your name, location, contact no.
131. Greed & Fear Nov 1, 2011 12:51:40 PM IST | Reply
Few questions.....Does Geojit allows short sell trading.....does it allow short on day 1....Do it have any demo ID password to test mobile trading???????
130. Geojit bnp paribas Oct 28, 2011 11:20:12 AM IST | Reply
Did You Konw - 08 :- Market Wiz. ‘Market Wiz’ is a branded product offered by Vantage (Forceties), a third Party service through Flip and GCC sites. It provides Delivery and Intraday (long/short) calls for all NSE & BSE stocks and also provides the signals in Charts. New clients get a 15 day Free Trial offer after which they can ‘Subscribe’ for the services. This is a paid service and charges are: Annual = Rs.9000, Half Yearly = Rs.6300, Quarterly = Rs.3750. Platinum and Offline clients avail the service through ‘Customer Care site i.e. GCC while clients using Flip Gold version can avail it from the Trading site also. Market Wiz is activated /available in our Demo Login Ids.
129. Geojit bnp paribas Oct 25, 2011 6:04:25 PM IST | Reply
Did You Konw - 07 :- Mobile Trading. There are two ways of trading on Mobile: Open the browser on the mobile, type the url enter your user id / password and start trading. all phones/instruments will work on browser i.e. normal, Android, iphone, ipad, etc. Register on GCC (Customer Care site), download application on mobile, and start trading But Remember for Application based trading the Mobile instrument should be java enabled with GPRS connection. In case of CDMA only Nokia 6275 series supports Flip – Me for market data ONLY but Trading cannot be performed on CDMA as it does not support ssl (Secure Socket Layer) which is necessary for trading. Very soon we will be launching the Application based Mobile trading for Android phones, followed by iphone. Geojit was the 1st to introduce application based Trading on Mobile, followed by Angel (almost two months later) and now Kotak also offers Mobile trading. India Infoline, Indiabulls, Edelwesis, Motilal, Sharekhan ICICI Direct, Reliance are some brokers that offer browser based trading on Mobile.
128. Geojit bnp paribas Oct 24, 2011 5:03:43 PM IST | Reply
Did You Konw - 06 :- Information of Market wacth in Excel. While you are in Market Watch page of Flip in Platinum version, you can select ‘Copy’ from the Tool Bar and ‘Paste’ it in Excel – The Market Watch window will start giving live streaming quotes in Excel as long as you are logged in Flip or till market is open. If you only want to view the last price of Market Watch scrips in Excel (i.e. do not want the Streaming market Watch in Excel) right click on the Market Watch and select ‘Export to Excel’.
127. Geojit bnp paribas Oct 22, 2011 2:11:05 PM IST | Reply
Did You Konw - 05 :- Online channels for an offline client. Offline Clients can do the following types of activities Online: Online Fund Transfer from GCC site including NEFT & RTGS. Online Payout Request. Online IPO (if T/C is signed). Login in Flip – Me (mobile application).
126. Geojit bnp paribas Oct 21, 2011 10:18:14 AM IST | Reply
Did You Konw - 03 :- Sale proceeds of shares sold. Now our customers can use the cash (delivery based) sales credit for taking F&O positions on the same day. For e.g. if client sells 100 shares of XYZ in Cash Segment (delivery based) today for value Rs. 10000/- , he can take positions in the F&O against the sales credit of Rs.10000/- on the same day.
125. Geojit bnp paribas Oct 20, 2011 10:55:59 AM IST | Reply
Did You Konw - 02 :- Information on "Passwords". There is no change in password if Offline client becomes Online – he can use his GCC (Customer Care site) password to trade Online. Further, an Offline customer can ALSO login in Flip-Me (Mobile) to view quotes, charts, Buying power, etc. (but cannot trade thru Mobile).
124. Geojit bnp paribas Oct 18, 2011 4:40:51 PM IST | Reply
Did you know? (01) Now Our customers (online and offline) can transfer money online from State Bank Of India thru Flip trading site and or GCC (Customer Care site) and it will be updated real-time in their Buying Power. So hurry, get all clients having SBI account to register / link their SBI a/c with their Trading a/c and enjoy the benefits.
The Geojit BNP Paribas probably is the only reliable share broker in india. The brokerage is damn cheap, the service is excellent, they open your A/C online within 2 days and there is no sign of paper work at all, their online trading platform FLIP is excellent with eye catching design and it is fast too. I even trade via my cellphone it is really a great. I can always keep updated with the market. And above all there are "NO HIDDEN CHARGES" unlike other brokers like Sharekhan who are thieves and nothing else. So, for all of you who want to open an demat account I seriously advice you to approach Geojit BNP Paribas. Happy Trading!!
120. Geojit bnp paribas Sep 23, 2011 9:50:34 AM IST | Reply
Thank you for writing to us. As a scheme we are offering a free demat and trading account service now a days. Furhter more we are offering NIL annual maintainence charges for the current financial year. There is no ADDITIONAL charges.