Can we do trading in BSE – Derivatives from ICICIdirect mobile apps?
BSE – Derivatives is currently available from website only but it will be made available very soon on ICICIdirect mobile apps as well.
How to check statements & reports on ICICIdirect mobile apps?
Statements & reports isn’t available in the app but you can check it in the main website through below path.
Path: Website > Portfolio > Statements & Reports
When are funds credited to customers account?
Starting from March 18, 2024, fund payouts will be credited to your account after 3:30 PM on the next working day (T+1)
Key Points to Note: You will get access to limits in your ICICI Direct account before the market opens on the next trading day, enabling you to execute other transactions for Equity and F&O.
Impact of the change explained
Equity Segment
If you sell Rs. 1,00,000 worth of shares on March 18, 2024 (Monday), funds will be credited to your account on March 19, 2024, after 3:30 PM. Limits against this transaction will be available from the evening of March 18, 2024.
F&O Segment
For Futures & Options profit made on March 18, 2024 (Monday), funds will be credited to your account on March 19, 2024, after 3:30 PM. Limits against the profit will be available before the market opens on the next trading day, i.e., March 19, 2024.
How do I protect myself against financial fraud (Investor alert – Unauthorised use of ICICI Securities brand name)?
Important: Fraudulent Activity and Unauthorized Use of ICICI Direct & ICICI Securities Brand in India
It has come to our (ICICI Direct) notice that certain unknown persons/entities claiming to be part of ICICI Direct / ICICI Securities are soliciting/offering services with respect to trading activities through various online platforms, including WhatsApp groups.
Based on the limited information available to us, we believe that the activities being undertaken by the person/s or entity/s purporting to be part of ICICI Direct and/or ICICI Securities are illegal and fraudulent. Such activities also deeply tarnish the goodwill and reputation of ICICI Direct & ICICI Securities. These activities are being reported to the relevant authorities for necessary action.
We urge our investors and public at large to be cautious and vigilant in this regard and be wary of such unscrupulous person/s and/or entity/s impersonating ICICI Direct and/or ICICI Securities.
In addition, we recommend that you DO NOT:
- Make any payments without being certain the transaction is legitimate
- Provide any personal information, data or KYC documents to anyone you do not know
- Reply to suspicious emails, text messages & WhatsApp messages or contact the sender by any means of communication
- Open suspicious websites, links, urls or attachments as this may lead to an attempt to infect your computer or other devices with a virus
- Engage /respond to Call/SMS from unknown numbers especially from unknown/suspicious international numbers.
Kindly note that ICICI Direct DOES NOT:
- Ask anybody to join WhatsApp / Telegram groups for receiving recommendations on stocks leading to abnormally high, assured or guaranteed returns
- Call/reach out to our customers from international numbers.
- Offer assured or guaranteed returns on any of our equity/equity linked products.
You may please refer this link (https://www.icicidirect.com/services/cybersecurity) for our official list of websites / mobile applications / social media handles of ICICI Direct/ ICICI Securities.
Is stock list available on ICICIdirect apps?
Stock list information isn’t available in the app but you can check it in the main website through below path.
Path: Website > Stocks > Services > Stock List
By when the profit will be credited to my bank account?
The profit will be credited in your bank account after 1:00 PM on T+1 day.
What is Periodic Call Auctions (PCA)?
Periodic Call Auctions were introduced by SEBI in 2013 to reduce volatility in certain illiquid stocks. Illiquid stocks, meeting specific criteria like low daily trades and trading volume, are included in PCA.
Stock exchanges shall identify illiquid scrips at the beginning of every quarter and move such scrips to periodic call auction mechanism. To learn more, refer to BSE FAQ (PDF) and NSE circular (WEB).
How Does Periodic Call Auctions (PCA) Work?
- Timing: There are six auction sessions during the trading day, each lasting an hour.
- Order Placement: Investors can place, modify, or cancel orders during the first 45 minutes.
- Matching: Orders are matched in the next eight minutes.
- Confirmation: Resulting trades are confirmed, and theres a seven-minute buffer before the next session.
|
Session No
|
Start Time- Order Placement
|
Order matching
|
Buffer period
|
|
1
|
09:30 AM - 10:15 AM
|
10:15 AM - 10:23 AM
|
10:24 AM to 10:30 AM
|
|
2
|
10:30 AM - 11:15 AM
|
11:15 AM - 11:23 AM
|
11:24 AM to 11:30 AM
|
|
3
|
11:30 AM - 12:15 PM
|
12:15 PM - 12:23 PM
|
12:24 PM to 12:30 PM
|
|
4
|
12:30 PM - 01:15 PM
|
01:15 PM - 1:23 PM
|
01:24 PM to 01:30 PM
|
|
5
|
01:30 PM - 02:15 PM
|
02:15 PM - 2:23 PM
|
02:24 PM to 02:30 PM
|
|
6
|
02:30 PM - 03:15 PM
|
03:15 PM - 3:23 PM
|
03:24 PM to 03:30 PM
|
Why Periodic Call Auctions (PCA) for Illiquid Stocks?
- Provides a structured trading environment.
- Ensures fair price discovery.
- Reduces excessive volatility.
To buy or sell illiquid stocks in PCA, place orders in the first 45 minutes.
Transactions are executed based on order matching in the subsequent 8 minutes.
What is the impact of the Settlement Holiday?
|
1.
|
All trades placed on settlement holidays in the Equity and Derivative segment will be settled the next day.
|
|
2.
|
All shares bought in Delivery on settlement holidays will be visible under Security Projection (BTST) holdings on next day but you will only be able to sell them till settlement holidays +1 day.
|
|
3.
|
All shares bought in MTF on settlement holidays will be visible under MTF positions but you will only be able to sell them on or after settlement holidays + 2 days.
|
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