I/We, an existing customer, would like to avail the privilege to trade in the Derivative segment

I/We wish to avail the privilege to trade and accept all the terms and conditions/rights & obligations as prescribed on you website www.hdfcsec.com and authorize you to use the KYC details as provided in the account opening form or anytime thereafter. 

Refer detailed list on www.hdfcsec.com under Important Links>Regulatory Information>Documents needed for activation in other exchange/segment.

I/We confirm having read/been explained/received copy and understood the contents of the document on policy and procedures of the stock broker and the tariff sheet.

RISK DISCLOSURES ON DERIVATIVES

• 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
• On an average, loss makers registered net trading loss close to ₹ 50,000.
• Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
• Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source: SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

I/We further confirm having read, received and understood the contents of the ‘Rights & Obligations, “Risk Disclosure Document’, ‘Policies and Procedures’ and ‘Additional Rights & Obligations’ document(s). I/We do hereby agree to be bound by such provisions as outlined in these documents. I/We have also been informed that the standard set of documents has been displayed for Information on stock broker’s designated website www.hdfcsesc.com (under Important Links>Regulatory Information)

Online derivatives privilege functionality is available only for Resident Individual customers.

Note: The privilege would be activated within T+3 working days from the receipt of this application with complete details.