Articles

What is a contract note, and when will I receive it?

A Contract Note is an official document confirming all Buy And Sell Transactions made on the stock exchange.

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What should I do if I don't receive my contract notes on my registered email?

Contract Notes are automatically sent via email after each trading day.

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Will I receive a "Margin Call" via SMS or email, and what does it mean?

A Margin Call is a warning that your account balance is below the required margin to maintain your open positions.

Margin & Leverage
Why have I not received my CAS (Consolidated Account Statement)?

A Consolidated Account Statement (CAS) is sent by CDSL or NSDL, depending on where your demat account was opened.

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Why do I receive emails from the depository about holding statements?

Stock holdings are maintained in your Demat Account, which is linked to a Depository (CDSL/NSDL).

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Why do I receive emails from exchanges about my account balance?

Stock exchanges like NSE and BSE send periodic Emails and SMS Alerts to all trading account holders regarding Account Balances.

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Why am I unable to see the F&O contract for a particular stock?

Futures & Options (F&O) contracts are not available for all listed stocks.

Margin & Leverage
Why do I receive an online statement every week?

As per SEBI and Exchange Regulations, stockbrokers must send clients a Weekly Statement containing

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Will Lakshmishree provide a holding statement every month?

No, Lakshmishree does not send the holding statement every month by default.

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What is Lakshmishree's policy on physical settlement?

Physical settlement applies to Stock Futures and Options (F&O) contracts that are not squared off before expiry.

Margin & Leverage