kaly422000

Well-Known Member
Once the lockdown is lifted, we will deploy some KYC staff in our office starting in June. For the first few days, we'll be dealing with the pile of forms. It's on priority. Thanks.
one broker introduce e-DIS system instead of requirement of POA,which send otp in registered mobile and in email of client for selling holding stock .so may be in future no need of physical POA. and now may be acount opening process for those who dont have mobile no not linked with aadhar to be modified for paperless application through email. may be it is possible or not u may know but that may be future. any way now if any existing client want to open demat to link with trading account have to wait long.
 
Again missing ticks in Nifty 1 minute chart of front month contract . However charts were printing correct during live candle formation yesterday (25.05.20) . But wen I opened the chart today, missing ticks are present.
 
one broker introduce e-DIS system instead of requirement of POA,which send otp in registered mobile and in email of client for selling holding stock .so may be in future no need of physical POA. and now may be acount opening process for those who dont have mobile no not linked with aadhar to be modified for paperless application through email. may be it is possible or not u may know but that may be future. any way now if any existing client want to open demat to link with trading account have to wait long.
further is it not possible opening account with physical form with stuffs who working from home?
Yes, we're aware for EDIS facility & we're working on it to implement at our end. Even we think that this will allow us to use our resources efficiently.
 

Tejas Khoday

Co-Founder & CEO, FYERS
one broker introduce e-DIS system instead of requirement of POA,which send otp in registered mobile and in email of client for selling holding stock .so may be in future no need of physical POA. and now may be acount opening process for those who dont have mobile no not linked with aadhar to be modified for paperless application through email. may be it is possible or not u may know but that may be future. any way now if any existing client want to open demat to link with trading account have to wait long.
Do you really think I won't know about it? Online Brokers are in touch with the concerned depository and we are also working to implement the E-DIS facility soon. The V1 E-DIS mechanism was scrapped by SEBI and those proactive early movers are now facing some hurdles. Can't go into details but these things take time. Please be patient we will make it happen in the near future.

Thanks.
 
Last edited: