Emkay Global Financial Services Ltd. is listed on both the BSE and the NSE, and offers trading opportunity in both the cash and derivatives segments. Through a network of more than 300 outlets, Emkay promises easy accessibility to the investor fraternity across the country. The strength of our research is not unknown, and we ensure the availability of our various research publications to our clients in a timely manner.

Why Equities?

Equity as an asset class generally provides better compounded annual returns compared to other asset classes like gold, real estate, bonds and government securities over a long term horizon. Since the returns from equity are closely linked to economic growth of a country, this investment avenue becomes more lucrative in emerging economies like India.

Equity investments are often considered risky since the stock markets promptly react to corporate performance, economic slowdown, government policies, natural disasters and socio-political factors, etc. Investors can however minimize the investment risk by following a disciplined approach i.e. investing regularly, having a long term horizon, taking informed investment decisions, diversifying their portfolio and monitoring their portfolio regularly.

Why Derivatives?

There are broadly two ways in which investors can benefit from derivatives

• Maximize profits: Derivative products enable you to leverage your investments, i.e. hold an open position that is a multiple of the amount that you invest. This is because you only pay a fraction of the value of the transaction. As a result, if the markets move in your favour, you stand to benefit by a much greater return than you would have received if you had invested in the cash market. The caution, however, is that derivatives are a double edged sword - so if the markets move against you, you stand to lose much more too!
• Minimize losses: You can also use derivative instruments to cap your losses. By paying a relatively small amount as premium, you can ensure that your losses are limited to the value of the premium paid, and your profit potential can be left open.

Offline Investing

To invest through an Emkay outlet near you, you need to open a trading account with us. To register, fill up an application form and submit proof of residence, identity, etc and pay the account opening fees.

To start trading in derivatives (futures and options), you are required to deposit an initial margin with Emkay. Also, the mark to market margin needs to be maintained on a daily basis. This is computed on the daily changes in the closing price of the derivative contract for as long as the derivative contract is open.

To place an order, you need to either give us instructions telephonically or by way of personal visits to our office. In case of a telephonic order, we after verifying your identity, will place your order into the system and inform you about the status. When the order is executed, you are provided with a contract note within a day, confirming your position in the contract.

To pay for the initial margin and also to maintain mark-to-market margins, you have the option of either depositing a sufficient amount upfront, while entering into a derivative contract, or submitting an additional margin cheque when the margin account turns negative.

On settlement of the contract, we will issue a cheque towards the final settlement amount to you. You have the option to retain the amount in your trading account. In such a case, instead of issuing settlement cheques, we credit your trading account with the settlement amount.

You can get regular ledger statements for periodic financial reconciliation for various market transactions.

Online Investing

For investing online, you need to open a trading and a demat account. To register, fill up an application form and submit proof of residence, identity, etc. and pay the account opening fees.

You are provided with a login name, password and trading password, which will enable you to enter your trading account. You can place the order online by logging onto this trade account. In case you do not have the time to constantly monitor the market, due to your busy schedule, you can set After Market Orders. These will help you manage your portfolio more efficiently.

Since an online account is an integrated system which connects your demat, trading and bank account, transfer of funds from bank to trading account and vice versa becomes very easy and saves time as compared to submitting physical cheques.

Trading in derivatives through the online system is even more seamless since the mark to market margin is directly debited/credited to the trading account on a daily basis and you don't have to keep a constant track of payments to the broker. In case your trading account does not have sufficient margin to cover the mark to market requirement, you can easily transfer funds online and keep you position active. Secondly, due to the ease in trading, you can frequently change stop loss levels as per your convenience, which may be difficult in case of the offline system. A small delay in communication could lead to losses while trading in derivatives and hence the online system facilitates derivative traders.

You can watch the gain/loss in your portfolio, live when the market is open. This helps you take quick buy/sell decision, effecing the need to compute the required exit/entry level.

As is mandatory, we issue contract notes to our clients within 24 hours from the trade. A contract note is a confirmation of the trade on the exchange. It provides the complete trade details to you. Contract notes are also useful for year-end reconciliation as they help you compute your profit and loss and they provide valid documentary proof of investment transactions.

Under the online system, you can opt for your contract notes via email. Online investing also gives you the option to see your previous contract notes with the click of your mouse.

Online accounts provide you with a ledger statement in the system which can be verified after every transaction and can also be used for reconciliation purposes at a later date, in case of any ambiguity.

Online accounts also provide statements like transactions during a particular period and statement of gain/loss for a particular period. This saves a lot of time while conducting periodic reconciliation of accounts. Broker's statement on gain/loss also works as a documentary evidence of short term or long term profit / losses for income tax purposes, if required.

We also provide investment advice for trading and delivery based transactions directly on the trading terminal, thus ensuring that you don't need to shift away from the market watch to view the calls / advice. It also works as an additional decision making tool while taking positions in the market.

7th Floor, The Ruby,
Senapati Bapat Marg,
Dadar - West,
Mumbai - 400028. India
Tel: +91 22 66121212
Fax: +91 22 66121299

Or reach our branches directly.