Unlimited Trading @ Rs 899 per month - Prostocks

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. 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 7. 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 8. 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 9. 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 10. 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 11. 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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