GENERAL RULES & REGULATIONS

  • The contest is open only to citizens of India.
  • All contestants must be over 18 years of age.
  • All contestants will be subject to due diligence & KYC norms.
  • The judging of the contestants will be done by jury comprising members from Zee Business editorial and independent financial analysts.
  • The decision made by the jury will be final and binding on all contestants and not open to any discussions.
  • Zee Business reserves the right to change the contest elements & rules at their discretion.
  • Contest will be held at specified locations, and contestants for the city rounds from neighbouring cities are free to participate. However, travel & stay for the same will have to be managed by the contestants themselves.
  • Zee Business will arrange for the travel and stay for the contestants who make it to the semi final and the mega final round.
  • This is a television series and all contestants will have to follow prescribed dress code and cooperate with the show producers. Please read the show format and trading rules before registering for the contest.
  • All contestants will trade on the Anand Rathi trading platform. Anand Rathi will act as the broking partner for activity.
  • A free demat account will be opened for short listed contestants and all contest related trading will compulsorily be on this platform. Contestants are free to maintain the account post the contest.
  • A total of Rs. 25,000/- will be deposited in the demat account opened with Anand Rathi. Each of the short listed 15 contestants will have to deposit Rs.10,000/- and an amount of Rs.15,000/- will be deposited by the show organizer. This amount will be contestants seed capital for trading round of the contest.
  • All profits made during the 4 week trading for the purpose of this contest will accrue to the contestants. However, the amount of Rs.15,000/- will need to be refunded to the show organizers within 3 working days.
  • In the unlikely event of loss, contestants will need to bear the first tranche of Rs.10,000/- which is equivalent to their deposit money. Any further loss will be borne by the show organizers. The shares in the demat account will get automatically squared off once the loss touches Rs.25,000/-. Subsequently, the contestant will be out of reckoning.
  • For the purpose of the contest, the trading window available will be for four weeks.
  • Brokerage charges will be as applicable and to be borne by the contestant.
  • All contestants will also be required to sign a consent agreement prior to entering the contest.

All contestants are requested to refer to and understand the Trading Rules before registering for the contest.

TRADING RULES

Trading Rights (Mapping)

  • For New clients : Clients will be allowed for Mapping in NSE and BSE Cash segment only
  • Client will be not allowed to map at any dealer terminal except in case of customer support team’s terminals
  • Clients will be allowed all privileges  of Normal Non Assisted online clients
  • Client will be allowed WEB Login by default
  • Client will be allowed product type as MIS and CNC
  • Access of payment gateway will be not allowed to the client during the period of contest
  • Anand Rathi employees and Zee employees will be not allowed to contest  

Limit Policy

  •  VAR & ELM Margin based limit policy will be followed as per existing policy in place
  • Client will be allowed to trade only in BSE-500 stock basket.
  • Clients will be allowed trading on cleared funds and collateral benefit ( after haircut as per Var ) only
  • MTM Loss Limit for fresh order will be lower of Rs. 10,000/- or 50 % of Actual funds in client’s ledger
  • Additional Limit for Intraday trades will be not allowed
  • Higher multiplier and default limit facility will be not allowed

Auto Square off Policy

  • Client will be included into timer based square off (for trades in MIS product) at 3:15 pm daily
  • We will Square off clients ‘ holding as per our Auto Square off policy of T+4 day Ageing based and Risk based on T+2 day

RMS Reports

  • SMS for daily turnover, MTM and Sauda details will be sent as per normal policy in place at EOD
  • A Report for Overall Debit and Coverage will be made separately for contested clients 

Other Important Points

  • All clients who are rejected from contest should be shifted as normal clients and mapped to applicable branch.
  • The contesting clients will be mapped under a separate branch at HO for the period of contest and access of that branch will be mapped under all regions 

Limit Calculation

All exchange limit - Sum of Following

  • Clear Cash balance
  • Minus Unsettle sale value
  • Collateral benefit on holding lying in DP. Pool and BTST

VAR System of Limit

Client Type

Scrip which is to be bought

Intraday Limit

Delivery Limit

LOA Client and Non Assisted

VAR +ELM < 25%

25% ( 4 times )

25% ( 4 times )

VAR +ELM > 25%

Actual Margin %

Actual Margin %

 Calculation of Collateral Benefit (Online / Offline)

  • Collateral benefit will be available on the basis of scrips which are lying in Client DP, Pool and BTST. Hair cut will be actual VAR +ELM Margin but Minimum of 25 %.

 

AUTO SQUARE OFF – BSE AND NSE CASH SEGMENT
(AGEING BASED)

Applicability

  1. Client having net debit balance on t+4th working day will be squared off on t+5th morning (irrespective of coverage).
  2. Minimum Ageing / Square off amount will be for Rs. 5000.
  3. Auto Square off orders will be generated at 105% of required Square off/ Debit amount. However, actual square off amount could be less than or equal to the actual square off amount depending on market price.

AUTO SQUARE OFF – BSE AND NSE CASH SEGMENT (RISK BASED)

Applicability

  • Margin Coverage (ledger balance) is less than 7.5% of Holding Value.
  • Auto square off will take place from T+3 day and Pre Intimation will generate on T+2 day.
  • Square off amount will be debit balance in combined segment (BSE cash +NSE cash).
  • Minimum Square off amount will be Rs. 5000.  

Procedure (Common for both):

  • RMS will generate Square Off report at 7.00 pm on t+4th day’ evening and Final Square off report will be generated on t+5th day morning around 8.30 am.
  • Ho- RMS will carry-out square off as per final Square Off report between 9.15 am to 9.20 am via file upload on Onesys Admin terminal.
  • Square off clients will be intimated vide email for square off related reports
  • Square off Client codes’ holding which is to be squared off will be uploaded after square off into the Omnesys.
  • Scrip identification: Scrip identification for auto square off, will be on the basis of least impact cost with adequate quantity nearest to the square off amount. In case of insufficient value of scrip having least impact cost, the scrip having next least impact cost (nearest to the square off amount) will be selected for square off.
  • Holding location: POA client- Order priority to square off will be Pool, DP and BTST respectively. Scrip identification process will be in the given order in each holding location.(Pool, DP, BTST)
  • Pool and BTST holding will be squared off in respective exchange at which purchases are made by the client. In case client having both segment rights then DP (POA) holding will be squared off in NSE segment and otherwise DP (POA) will be squared off in the segment where client has right to trade.

IMPORTANT TERMS:

Margin Coverage % = (Holding value – debit amount) / Holding Value *100

  • Holding value =
 In case of POA Client = DP +Pool +Unsettle
  BUY LAS stock at closing price and unapproved stock value after 50% hair-cut.  

In case of NON POA Client = Pool +Unsettle BUY LAS stock at closing price and unapproved stock value after 50% hair-cut
  • Debit Balance   =
 Cash market ledger + Webrms CMS
  Deposit Balance +F&O Free Balance

 
 
Video
 
INB230676935-------NSE CASH , INB011371557-------BSE CASH,