ICICIdirect has sent an email to its all clients where it has written that now one can activate the derivative segment in trading account without any hassles. Read the email below:
Derivatives are an important class of financial instruments offering varied risk protection and innovative investment strategies. Increased interest in derivatives trading has been witnessed over the past few years. As an ICICIdirectcom customer, you can trade with ease in a wide range of derivative products.
Although before you trade in derivatives through us, as a broker we have been mandated by SEBI* to collect relevant financial details from you.(*as per circular issued on December 3, 2009). In the absence of which your derivatives account cannot be activated. You may have encountered situations where you wanted to trade in derivatives but could not due to an inactive derivatives account.
To avoid missing any trading opportunity any further, we request you to send us any 1 of the below mentioned financial documents along with Derivatives Account Activation form.
- Latest Salary slip of not older than 3 months or
- Last six months bank statement or
- Latest copy of Demat holding statement or
- Latest Form 16 or
- Latest Annual account ( Balance Sheet & profit & loss account ) or
- Latest Net worth certificate
Alternatively, you can opt for instant activation online. Its simple & hasslefree.
First, logon to ICICIdirect.com and visit the F&O page. Then, accept the T&C which will allow ICICI Securities Ltd. (I-Sec) to procure the bank statement/demat statement of your ICICI Bank/ demat account which is linked with your trading account.
For further information, you can: Write to them at helpdesk@icicidirectcom or Call their Customer Care or Walk into to nearest ICICIdirect Branch