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Stock Broker Glossary - Definitions, Abbreviations, Terminology and Meaning

Understand the meaning of popular words related to Stock Broker.

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  • 0 Feedbacks 1. 2-in-1 Account

    A 2-in-1 account is an online account to invest in stocks, mutual funds, and bonds, etc. It is a combination of Demat and Trading accounts opened and linked together for seamless transactions among them.

  • 0 Feedbacks 2. 3-in-1 Account

    A combination of saving bank, demat and trading accounts opened together and linked to each other for hassle-free online stock market investments.

  • 0 Feedbacks 3. BTST (Buy today and sell tomorrow)

    An order type which allows customers to sell shares before they are credited in to demat account or take the delivery of shares. The decision has to be made in 2 days.

  • 1 Feedbacks 4. Clearing Charges

    Clearing charges is a fee charged by the broker in India. Broker pays this fee to the professional clearing member who helps them settle the trades with exchanges.

  • 0 Feedbacks 5. DPR based Square off

    Daily Price Range (DPR) is the maximum fluctuation in price allowed during a trading session for the scrip. Trading gets suspended if the maximum permissible limit is hit in either direction for the scrips in equity segment (except derivative segment) which has a DPR.

  • 0 Feedbacks 6. eATM by ICICI Direct

    ICICI Direct Equity ATM (eATM) is a facility wherein the customer receives a credit of funds within 30 minutes (as against the current payout cycle of T+2) from the time of execution of sell order in the cash segment.

  • 0 Feedbacks 7. Exposure

    Exposure is the money in the trading account for trading in Intraday and Derivatives (F&O). Exposure is also known as Margin or Limit.

  • 0 Feedbacks 8. ICICI Direct Prime Plan

    ICICI Direct Prime Brokerage Plan offers an eATM facility and helps to reduce the brokerage charges.

  • 0 Feedbacks 9. Leg in Trading - Meaning, Definition With Examples

    A leg is a single position taken in trading. Say if you buy 100 shares of a company then that is your 1st leg. Now when you sell the shares it is your 2nd leg.

  • 0 Feedbacks 10. Margin

    The margin is the money in the trading account for buying shares. In case of intraday and F&O trading, the margin is also called exposure or limit.

  • 0 Feedbacks 11. Securities Transaction Tax (STT)

    Securities Transaction Tax or STT is a tax being levied on all transactions done on the stock exchanges at rates prescribed by the Government of India.

  • 0 Feedbacks 12. Settlement

    Online trades (buy and sell) requires the transfer of money and shares between a buyer and a seller. Exchange performs these transactions (settlement) on the T+2 basis.

  • 0 Feedbacks 13. Stamp Duty

    Stamp duty is a government tax in India on trading in stocks, currency derivatives and commodities. It is collected by the stockbroker for issuing stamped contract notes at the end of the day.

  • 0 Feedbacks 14. STBT (Sell Today Buy Tomorrow)

    Sell Today Buy Tomorrow (STBT) is a facility that allows customers to sell the shares in the cash segment (shares which are not in his demat account) and buy them the next day.

  • 0 Feedbacks 15. Trading Platform

    Trading Platform is a set of software applications offered by the broker for online trading. The trading platform includes apps like install-able trading terminal, trading website and mobile app for trading.







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