We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose.

ICICIdirect is Coaxing Clients to Use Stocks as Cash for Enhanced Trading

ICICIdirect is trying to increase its intraday volume and that is the reason it is sending emails to its clients which suggests that now your stocks are as good as cash. The detailed email from ICICIdirect is as following:

It is our continuous endeavor to bring best-in-class products and services to enhance your investment and trading experience.
This time, we are pleased to share the launch of Shares As Margin for Equity Segments.
With Shares As Margin, you now need not miss any market opportunity and use your idle demat holding to buy stocks and bring funds by T+2 days. You can put to use your existing stocks and create limits to invest and trade. Limits so created can be used to trade in Margin and continue trading in F&O.

1.    If you see an investment opportunity today in a stock and it will take 1-2 days to arrange funds, use your existing stocks as margin and buy without bringing any additional cash immediately
2.    If you see Intra-day trading opportunity, you need not bring any additional cash margin and put to use your stocks as margin
3.    You can also continue trading in Futures and Options with the limits allocated by Shares As Margin

So now your Stocks are as good as Cash!!
The limits so created can be allocated to invest or trade in Equity and Derivatives.
To know more about Shares As Margin   

For further information
Write to us at
helpdesk@icicidirectcom or Call our Customer Care or Walk into your nearest ICICIdirect Branch

We thank you for your continued patronage and assuring you the best of products and services.
Regards,
Vishal Gulechha
Head - Equity Product Group

Bookmark our website for best stock tips and make money with our daily sure tip as trading accurately is more important than trading in quantity.

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9