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FAQs BSE WEBx GENERAL FAQs
MEMBER FAQs
INVESTOR FAQs
BSE Webx Helpdesk Contact Information GENERAL FAQs
BSE Webx is the only exchange-enabled Internet trading system built on highly scalable Internet infrastructure. ( www.bsewebx.co.in ) (i) BSE Webx Eazy (ii) BSE Webx Classic (iii) BSE Webx Premium BSE Webx is a complete system that is designed to cater to all facilities that an investor requires in order to trade, analyze the markets, view status reports, etc. All features are arranged neatly in the menus and sub-menus. It is user-friendly, and help is available at each stage. Apart from this, BSE Webx provides following features: BSE Webx is available only through the Internet. Top A full-fledged PKI infrastructure that will ensure the total non-repudiation for net-based transactions is on the anvil. Charges w.e.f. June 28, 2006.
MEMBER FAQs
Fill up the application form attached as Annexure 1 and submit it to the Department of Operations and Trading,BSE. It is very easy to register clients in BSE Webx. You can either register clients one by one or upload a batch file with the list of clients (in the specified format). You can click on the following link to understand the process of client registration http://www.bsewebx.co.in/admin/PresentationLayer/BatFlashdemo/BAT_Users_Manual.zip Members can create a profile or different set of profiles for different types of clients. A profile is a set of rules which a Member needs to define for each client which once selected by the Member while registering the client will pick up all the features/facilities the Member needs to allow to each respective client. If a Member uses this profile while registering the clients, he does not need to give the same set of facilities to different clients again and again. This saves the time and leads to easy client registration. Profile creation Registration of clients involves five steps: Step 1 : Add clients (basic details of the client) When a Member creates profiles, he also has to go through the above five steps. He can prepare different profiles for different types of customers and keep???. Whatever set of rules he need to define in this profile he can do. Now when he goes to client creation he just has to go to add clients enter the basic details of the clients and select the profile he needs to give that client. All other facilities like segment, product, auto-square off facility, type of product allotted, money deposited will be entered automatically.whole para needs rewriting As such, the Member does not need to go through steps 2,3,4 again and again while registering clients. **While steps 1,2,3 and 4 are mandatory, step 5 is not.. If a Member registers a client and does not go through any one of the first 4 steps, the client will not be able to put in orders. You cannot place order on behalf of your clients but in case of emergency you can create a dealer and keep. Through this dealer, an order can be placed but by selecting the client before putting in the order. You need to assign the set of clients to each dealer after creating the dealer. You can only delete or square off the orders placed by the clients. Dealer is a client who has the rights to put orders on behalf of other clients assigned to him. Client Summary : details of clients, their dealers and client profiles. If you forget your password, click on "forgot password" and provide you broker code (i.e., clg no.) and the email id, which you had given at the time of registration with BSE Webx. You need not give the password manually to your clients. Once a client is registered with BSE Webx, he will automatically receive the password by email from BSE. Trading limits can be assigned while registering the clients, and can be modified subsequently. A Member needs to enter the amount deposited by the client and give a multiplier for trading. You can refer to the link below and follow the steps for assigning limits to your clients. http://www.bsewebx.co.in/admin/PresentationLayer/BatFlashdemo/BAT_Users_Manual.zip No. You can not create a branch. There is a feature available in BSE Webx to add/edit a branch. But this feature is useful only for the purpose of letting the clients know where all your branches exist. When the client enters the city for broker search, then he gets the list of brokers in that city. To get the visibility among clients at large, you can add all your branches in this feature. As far as risk management of client creation at branch level is concerned, you can give a BAT terminal to your branch with these facilities. In this scenario, person handling the branch would be able to handle the risk management of the clients assigned to that branch (BAT user). Brokers may keep in mind that the clients will be registered directly with the main brokers. Following are the functionalities of BAT
All investors including Resident as well as Non-Resident Indians (NRIs) can open an account with BSEWebx. Individuals as well as Non- Individual entities like Sole Proprietary, Partnership, Corporates, Firms, Institutions, Mutual Funds etc can also open a trading account. The Member may allow you to trade for a value more than what you have deposited with him. This works like a credit. You have to deposit some amount for getting permission to trade, and you may be permitted to trade more than what you have deposited. The Member would then collect from you the amount required to settle all the trades you have executed. This is done through the use of a multiplier. This multiplier is applied on the amount deposited to set the limit up to which you can trade through the system. INVESTOR FAQs
You can contact your Member who is registered in BSE Webx or you can search for a nearby Member from the www.bsewebx.co.in .A list of the Members who are registered in BSE Webx is available here. You can also go to below mentioned link for this list: https://www.bsewebx.co.in/STSB/branchdetails.asp
Once you get yourself registered with a Member for Internet Trading and the Member has done all the entries in the BSE Webx system, a password and login id will be automatically sent to your email id ( provided by you to the Member for communication). The Login ID and password allotted to you is completely confidential. No one, except you, has access to this information. Your password is stored in an encrypted form. You cannot take this password from the Member on phone or in writing. It is directly sent to you by BSE via email. A 'forgot password' link is available on the www.bsewebx.com. You will be asked to enter your login name and the email id. Once the required details are entered, a new password would besent to you by an email at the email id provided by you. Investors will have to use the following settings in their Internet Browser. These are mandatory settings: 1. Sun JVM must be disabled : Go to Internet Browser. --> Tools --> Internet Options --> Advanced --> Java (Sun). (Change this setting only if aforesaid settings are found.) 2. Enable Microsoft VM : Go to Internet Browser --> Tools --> Internet Options --> Advanced -->--> Java Logging enabled. Note: If you do not find the above settings on your computer, you may need to download JVM on your machine. Click here to download and save this on your desktop. Post download, double click on the file downloaded, which will automatically update your system. Thereafter recheck for the above settings. 3. For better results use IE 5.5 or above with 128 bit encryption. If it's not, please download the latest version of Internet Explorer from Microsoft website. 4. This site is best viewed on 800X600 pixels: Right click on Desktop --> choose Properties --> Settings --> Screen area. Yes. This is designed specifically to update information automatically. Ticker plant is the main application, which enables Live Quotes, Order responses, and Exchange Messages are received on a real time mode. The status of FEED is indicated in the bottom right hand side corner. The status can also be viewed in the Diagnostic Message Box, next to your Trading Messages Box. If the number of Packets received increases, it means that you are getting live feed and information. In the File Menu, there is a sub menu for Connect/ Disconnect. When it is connected, it would display only DISCONNECT and vice versa. If feeds are not coming, please disconnect and connect once again. This would restore the connection and then the feeds would be received. EAZY: This product is the simplest version of BSE Webx. It is useful for such investors who are not regular traders and deal only in a few scrips. Here the investor can view the quotes and market watch on selecting a particular scrip. The information on the scrips can be seen one by one. This product is also useful for such investors who do not have a good Internet connectivity. Classic: Investors can create/edit/delete market watches. He gets the information tick by tick. The refresh in the scrips is as good as available in BOLT. Premium: This is the high-end product offered by BSE Webx. It is a complete system that is designed to cater to all the features that an investor would require in order to trade, analyze the markets, view status reports, etc. All these features are arranged neatly in menus and submenus. This is a user-friendly version and help is available at each stage for the user. Apart from this, Premium provides access to intra day and end of day price tick history for extensive technical analysis, various charting tools with more than 30 popular indicators for Charting, real time quotes. Last 5 years data is available for charting. Clients can create 3 market watches. The refresh of the scrips is tick by tick. Thisversion can be used totally by keyboard. If a person is not comfortable with mouse, there is a list of short-cut keys available in the help file. In Eazy, Classic and Premium, order entry forms are available. You can place orders through these forms. Your transactions are secured through 128-bit SSL encryption from Verisign, world- class leaders in this arena. BSEwebx employs world-class security policy to ensure hassle free transactions for investors. Yes. You can modify or delete the orders put in BSE Webx system as long as the order placed by you has not been executed . The quantity and the price of the order can be modified and this would again be placed in the queue for execution. Cancellation/ modification is not possible once the order has been executed. In case of emergency, you can also ask your broker to cancel your pending orders or square off your outstanding positions. BSEWebx provides for entry of orders after the trading hours. You can ask your broker about the BSEWebx timings for after-hours order entry. You can get following reports from BSE Webx: Pending order report: This report displays the orders which are not fully traded, i.e., partially traded or which are not yet traded. The cancelled, rejected and fully traded orders will not appear here. Trade Log Report: In this report, you can view the fully traded or partially traded orders. Net Position Report: This file is used to view the traded positions in the system. Buy position, Sell position and netted position across buy and sell is available here. You can see the open positions and reverse the order for the same. Margin Report: This report gives the picture of the margin utilized and available to you. You can see the total cash deposited, utilized and exposure available to you. You can log off by clicking on the button Logout. The system also logs you off automatically if there is no activity for 10 minutes. Exposure is the limit allowed by the broker for you to trade. The upper limit given to the investor is known as the Gross Allocated Exposure (GAE). GAE is calculated by multiplying the margin by the multiplier. Generally, when you make a profit or a loss, the same is added to or deducted from the Margin Available as the case may be. Your Margin Available and Exposures Available are then calculated afresh. Mark-to-Market Margin is a notional profit or loss that is calculated based on the price movements of the stocks in which you have open positions. This again impacts your Margin Available. Booked Profit / Loss is the actual profit or loss made by you as a result of your trading. This is not a notional profit or loss as calculated in the case of M2M. Therefore, BPL does not arise as and when the LTP changes but is calculated only when you actually trade and actually make a profit or loss. Typically, all the orders you place beyond this value would get rejected. These orders would not even reach BSE;The BSE Webx system itself would reject them. BSE Webx Helpdesk Contact Information: Phone: 022-22721233/34 Ext- 8802 (Hunting)Direct: 022-22722479 FAX: 022-22723715 Email: bdmhelp@bseindia.com Annexure 1 (On the letterhead of the Broker who wishes to undertake Internet trading facility) To: Department of Operations and Trading (DOT)
Declaration: I hereby agree to the Terms and Conditions mentioned in Notice no. 20060628-15 dated June 28, 2006 and agree to pay the charges as defined by BSE from time to time.
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