ORDER ENTRY. Examples: Stop Loss Market Buy Order (SL-M) :



Similar documents
Tradejini Financial Services Pvt Ltd., Policies & Procedures

Select Ready Reference. Stock View/DP Stock Sell

TARIFF SHEET (TRADING)

SHCIL SERVICES LTD. SSL Online Trading - Frequently Asked Questions (FAQ s) - Guidelines.

RISK MANAGEMENT POLICY

Karvy NEST Web (Next Generation Securities Trading System)

Dhan4u - Overview. Benefits of Online Trading / Investment

NOW USER MANUAL FOR MOBILE TRADING

Contents. 1. Initial screen Market Data Trade Exchange Status Quotes Equity search...

Trading using Sharekhan. Last updated : 15 Jan Jasvinder Nagpal and Wealthci.com All rights reserved

Risk Management & Surveillance Policy BEZEL STOCK BROKERS

Investment in Gold Exchange Traded Funds (Gold ETF): A Safe and Novel Approach to Investment in Gold

NOW USER MANUAL FOR SOFTWARE BASE TRADING

Reliance Securities A Reliance Capital Company

IndiaNivesh Securities Pvt. Ltd. M-Nivesh Mobile Trading Application

A step by step guide to trading in Future & Options

Determining Option Price. Target Price, Strike Price, Option Premium!

SBI FX Trade: Currency Future Trading

How do I get Login thru Swift trade Web Version?

How To Trade On Libremanharlal.Com (Indonesia) On A Pc Or Macbook (Usa) On Pc Or Ipa (Usa

WELCOME TO SBICAP SECURITIES LTD.

Karvy Stock Broking Limited. Mobile App User Manual

Understanding Margins

All you need to make trading simpler

User Guide - Karvy Online Trading

Understanding Margins. Frequently asked questions on margins as applicable for transactions on Cash and Derivatives segments of NSE and BSE

Authorization for Systematic Investment in Equities Authorization to India Infoline Ltd.

Gold is the world s oldest international. Is It Wise to Invest in Gold Now?

Debt Mutual Funds Scenario post the Finance Bill (No.2), 2014

Religare Securities Limited ODIN DIET - Trading Manual

FAQ s. Login. Q. I have downloaded the Flash Player, but after login in the website a green screen is reflected?

Copyright 2009 by National Stock Exchange of India Ltd. (NSE) Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai INDIA

FAQ ON EQUITY DERIVATIVES

Online Appendix: Payoff Diagrams for Futures and Options

Reliance Dual Advantage Fixed Tenure Fund IV Plan C

Shares as Margin (SAM) Investments on Your Fingertips

5 things to help you to start using your account

Omnesys Technologies. Advanced Features In Nest Trader

Frequently Asked Questions on Derivatives Trading At NSE

Call and Put. Options. American and European Options. Option Terminology. Payoffs of European Options. Different Types of Options

track, or replicate, the performance of an underlying index. Futures-based ETFs, on the other hand, invest in

SAVI TRADING 2 KEY TERMS AND TYPES OF ORDERS. SaviTrading LLP 2013

Omnesys Technologies. Basic Trading Features In Nest Trader

MARGIN FOREIGN EXCHANGE AND FOREIGN EXCHANGE OPTIONS

DTDC is a new RMB product development initiative introduced by HKEx.

ATF Trading Platform Manual (Demo)

Table of Contents. Manual

MODEL TEST PAPER COMMODITIES MARKET MODULE

General Forex Glossary

FAQs: Rajiv Gandhi Equity Saving Scheme (RGESS), 23 NOV 2012

Liquidity Enhancement Incentive Programme for Equity Derivatives

How to Start Trading in Shares & Select the Best Demat and Trading Account

E GOLD: THE NEW INCARNATION OF GOLD

Module 10 Foreign Exchange Contracts: Swaps and Options

June 2014 exam. (4CW) SME Cash and Working Capital. Instructions to students:

call option put option strike price/exercise price expiration date/maturity

DETERMINATION OF INTEREST RATE ARBITRAGE ACROSS MARKETS IN INDIA

Who Should Consider Using Covered Calls?

Over the Counter Options Oracle FLEXCUBE Universal Banking Europe Cluster Release [October] [2013] Oracle Part Number E

CFD Options Trade and Margin Examples

Understanding Neat System

Trading Platform Guide

How To Trade On Icicdirect.Com

OPTION TRADING STRATEGIES IN INDIAN STOCK MARKET

FX Options NASDAQ OMX

1) After login WinTonenet Securities Trading System, a window named WinTonenet Securities Trading will be shown.

Raga Shares Trading Pvt. Ltd. Raga Complex, Behind Amrit Complex, Corporation Road, Jabalpur (M.P.)

INDEPENDENT. OBJECTIVE. RELIABLE. Options Basics & Essentials: The Beginners Guide to Trading Gold & Silver Options

AUTHORITY TO RETAIN FUNDS/SECURITIES TOWARDS MARGIN IN CASH SEGMENT, F&O SEGMENT AND ANY OTHER SEGMENT

Modules Functionality Description. BSE UCC File,NSE UCC File Generate. Download Feedback of Activatin. Script group/category. Script group haircut

Advanced Strategies for Managing Volatility

TRADING MECHANISM FOR DYNAMIC STP & DYNAMIC FIXED SPREAD TRADING ACCOUNTS Contents

The original purpose of futures contracts was to provide a facility for people to hedge their price risk.

Exchange Traded Funds

How To Understand The Greeks

BINARY OPTIONS. Getting Started. Understanding. Lesson01. Basic Terminology. What are the basics involved in binary options trading?

How To Convert Euro To Korean Rouble

There are two types of options - calls and puts.

Technical & Derivatives Report

Collecting a Weekly Paycheck by Trading Covered Calls

PRODUCTS AND SERVICES

FOREIGN EXCHANGE RISK MANAGEMENT

NATIONAL STOCK EXCHANGE OF INDIA LIMITED

Trailing Stop. Trailing Stop Explained

contracts for difference TRADING EXAMPLES Contracts for Difference Trading examples Halifax Investment Services Limited

Answers to Concepts in Review

MODES OF INVESTMENT IN GOLD

Professionally Managed Portfolios of Exchange-Traded Funds

Transcription:

ORDER ENTRY Examples: Stop Loss Market Buy Order (SL-M) : You wish to buy 100 shares of SBI at CMP (Current Market Price). Let s consider that you wish to place a Buy Order, once the price crosses above the support level of Rs. 1530. The last traded price (LTP) of the same is Rs. 1524.6. You may place a Stop Loss Market (SL-M) buy order specifying the Trigger price (TP) of Rs.1530. Once the market price of SBI reaches the TP i.e. (e.g.) Rs.1530, the order gets triggered and is sent to the exchange. Subsequently, order will get executed with the best available price in the market. Stop Loss Market Sell Order (SL-M) : You wish to sell 100 shares of SBI at CMP. Let s consider that you wish to place a Sell Order once the price crosses below the resistance level of Rs. 1520. The last traded price (LTP) of the same is Rs. 1528.6. You may place a Stop Loss Market (SL-M) sell order specifying the Trigger price (TP) of Rs. 1520. Once the market price of SBI reaches the TP i.e. e.g. Rs.1520, the order gets triggered and sent to the exchange. Subsequently, order will get executed with the best available price in the market. Stop Loss Limit Buy Order (SL-L): You wish to buy 100 shares of SBI at a limit price. The LTP is at Rs.1523. Let s consider that you wish to place a Buy Order once the price crosses above the support level of Rs. 1530. Let us also consider, that you do not wish to buy if the price crosses beyond 1535. You may place Trigger price (TP)at Rs.1530 and

a limit price at Rs. 1535. Please note that the trigger price cannot be greater than the limit price in this case. Once the market price of SBI reaches the TP i.e. Rs. 1530, the order becomes a limit order and is sent to the exchange. Subsequently, the order can get executed at any price below Rs.1535. Stop Loss Limit- Sell Order (SL-L) You wish to sell 100 shares of SBI at a limit price. The LTP is at Rs.1528.55. Let s consider that you wish to place a Sell Order once the price falls below the resistance level of Rs. 1520. Let us also consider, that you do not wish to sell if the price falls below 1515. You may place Trigger price (TP) at Rs.1520 and a limit price at Rs. 1515. Please note that the trigger price cannot be lesser than the limit price in this case. Once the market price of SBI reaches the TP i.e. Rs. 1520, the order becomes a limit order and is sent to the exchange. Subsequently, the order can get executed at any price below Rs.1520. Bracket Order: Buy Market Order Bracket order gives you a facility to place 3 orders simultaneously. For example, you first want to buy 100 shares of SBI at best available price in the market. Let s say the LTP is Rs.1530. You expect the price to rise to Rs. 1535 but you are also wary of losing more than Rs. 10 per share i.e. below Rs. 1520. With bracket order, you can simultaneously place the buy order and also put two Sell orders - one wherein you can book your profit and also the second - limit your losses. You can put a Profit Book order at any price above Rs.1530 e.g. Rs.1535 to book your profit and simultaneously incase, the market moves in the opposite direction, you can also put a Stop Loss order at any price below Rs. 1530 e.g. Rs. 1520 in order to limit your losses. The buy order will get executed first and then the two sell orders will be waiting for execution. Depending on whether the profit book price or the Stop loss price gets hit, first in the market, one of the sell orders will get executed and the other will be automatically cancelled. i.e. Incase the price rises to Rs. 1535 first your profit is booked, as the profit book order will get executed and the other sell order of Rs. 1520 will be cancelled. However

incase the price falls to Rs. 1520 first, then your losses are limited since the stop loss order will get executed and the other sell order of Rs. 1535 will automatically be cancelled. Bracket Order: Buy Limit Order Bracket order gives you a facility to place 3 orders simultaneously. For example, you first want to buy 100 shares of SBI at a limit price of Rs. 1510. Let s say the LTP is Rs.1514.10. You expect the price to rise to Rs. 1520 but you are also wary of losing more than Rs. 5 per share i.e. below Rs. 1505. With bracket order, you can simultaneously place the buy order and also put two Sell orders - one wherein you can book your profit and also the second - limit your losses. You can put a Profit Book order at any price above Rs.1510 e.g. Rs.1520 to book your profit and simultaneously incase, the market moves in the opposite direction, you can also put a Stop Loss order at any price below Rs. 1510 e.g. Rs. 1505, in order to limit your losses. The buy order will get executed first and then the two sell orders will be waiting for execution. Depending on whether the profit book price or the Stop loss price gets hit, first in the market, one of the sell orders will get executed and the other will be automatically cancelled. i.e. Incase the price rises to Rs. 1520 first your profit is booked, as the profit book order will get executed and the other sell order of Rs. 1505 will be cancelled. However incase the price falls to Rs. 1505 first, then your losses are limited since the stop loss order will get executed and the other sell order of Rs. 1520 will automatically be cancelled. Bracket Order Sell Market order: Bracket order gives you a facility to place 3 orders simultaneously.

For example, you first want to sell 100 shares of SBI at best available price in the market. Let s say the, LTP is Rs.1530.3. You expect the price to fall to Rs. 1525 but you are also wary of losing more than Rs. 5 per share i.e. above Rs. 1530.3. With bracket order, you can simultaneously place the sell order and also put two buy orders - one wherein you can book your profit and also the second - limit your losses. You can put a Profit Book order at any price below Rs.1530.3 e.g. Rs.1525 to book your profit and simultaneously incase, the market moves in the opposite direction, you can also put a Stop Loss order at any price above Rs. 1530.3 e.g. Rs. 1535 in order to limit your losses. The sell order will get executed first and then the two buy orders will be waiting for execution. Depending on whether the profit book price or the Stop loss price gets hit, first in the market, one of the buy orders will get executed and the other will be automatically cancelled. i.e. Incase the price falls to Rs. 1525 first your profit is booked, as the profit book order will get executed and the other buy order of Rs. 1535 will be cancelled. However incase the price rises to Rs. 1535 first, then your losses are limited since the stop loss order will get executed and the other buy order of Rs. 1525 will automatically be cancelled. Bracket Order: Sell Limit Order Bracket order gives you a facility to place 3 orders simultaneously. For example, you first want to sell 100 shares of SBI at a limit price of Rs. 1535. Let s say the LTP is Rs.1530.05. You expect the price to fall to Rs. 1525 but you are also wary of losing more than Rs. 5 per share i.e. above Rs. 1535. With bracket order, you can simultaneously place the sell order and also put two Buy orders - one wherein you can book your profit and also the second - limit your losses. You can put a Profit Book order at any price below Rs.1535 e.g. Rs.1525 to book your profit and simultaneously incase, the market moves in the opposite direction, you can also put a Stop Loss order at any price above Rs. 1535 e.g. Rs.1540, in order to limit your losses. The sell order will get executed first and then the two buy orders will be waiting for execution. Depending on whether the profit book price or the Stop loss price gets hit, first in the market, one of the buy orders will get executed and the other will be automatically cancelled. i.e. Incase the price falls to Rs. 1525 first your profit is booked, as the profit book order will get executed and the other buy order of Rs. 1540 will be cancelled. However incase the price rises to Rs. 1540 first, then your losses are limited since the stop loss order will get executed and the other buy order of Rs.1525 will automatically be cancelled.

Delivery Buy Order: Market For example, if you place an order to buy 100 shares of SBI at CMP. Let s consider the LTP is Rs. 1521 per share. In a delivery order, 100% of the order value i.e. Rs. 152100 is blocked from your limit. Similarly, to place an order to sell 100 shares of SBI, you need to have a liened quantity of 100 shares of SBI in your demat account. Delivery Buy Order: Limit For example, if you place an order to buy 100 shares of SBI at a limit price. Let s consider the LTP is Rs. 1513.05. You place a limit order at Rs. 1510 per share. In a delivery order, 100% of the order value i.e. Rs. 151000 is blocked from your limit. Delivery Sell Order: Market For example, if you place an order to sell 100 shares of SBI at CMP. Let s consider the LTP is Rs. 1515.65 per share. Please note, in a delivery sell order, to place an order to sell 100 shares of SBI, you need to have a liened quantity of 100 shares of SBI in your demat account.

Delivery Sell Order: Limit For example, if you place an order to sell 100 shares of SBI at a limit price of Rs.1520. Let s consider the LTP is Rs. 1515 per share. Please note, in a delivery sell order, to place an order to sell 100 shares of SBI, you need to have a liened quantity of 100 shares of SBI in your demat account. Intraday Buy Order - Market : In an Intraday order, only a small margin i.e. specified percentage of the order value is blocked from your limit. Once the order is executed, a position is created. You can subsequently place the square off order to close this position during the day. Also, please note if you do not square off your position, your position will be squared off at our end at the end of pre-specified time. Please note for a buy order, square off position would be a sell order. A sell order in the intraday segment can be placed even without having any stock in demat account. For example, if you buy 100 shares of SBI in Intraday at CMP (Current Market Price). Let s consider the LTP of SBI is Rs. 1535. To buy 100 shares of SBI, you will need ONLY Rs. 19200 to place your Intraday Order. Please note, that every scrip has a particular margin percentage i.e. VAR (Value at Risk) as specified by the exchange. Also note that different scrips have different margin percentages. Hence, to place an order of SBI in the Intraday segment, you require only 12.5% of the total amount of the order.

Intraday Buy Order - Limit : In an Intraday order, only a small margin i.e. specified percentage of the order value is blocked from your limit. Once the order is executed, a position is created. You can subsequently place the square off order to close this position during the day. Also, please note if you do not square off your position, your position will be squared off at our end at the end of pre-specified time. Please note for a buy order, square off position would be a sell order. A sell order in the intraday segment can be placed even without having any stock in demat account. For example, if you buy 100 shares of SBI in Intraday at a limit price of Rs. 1535. Let s consider the LTP of SBI is Rs. 1537.6. Your order will be executed once the price touches Rs. 1535. To buy 100 shares of SBI, you will need only Rs. 19200 to place your Intraday Order. Please note, that every scrip has a particular margin percentage i.e. VAR (Value at Risk) as specified by the exchange. Also note that different scrips have different margin percentages. Hence, to place an order of SBI in the Intraday segment, you require only 12.5% of the total amount of the order. Intraday Sell Order Market: In an Intraday order, only a specified percentage of the order value is blocked from your limit. A sell order in the intraday segment can be placed even without having any stock in demat account. Once the order is executed, a position is created. You can subsequently place the square off order to close this position during the day. Please note if you do not square off your position, your position will be squared off at our end at the end of pre-specified time. Also note for a sell order, square off position would be a buy order. For example, if you sell 100 shares of SBI in the Intraday segment at CMP. Let s consider the LTP of SBI is Rs. 1535. To sell 100 shares of SBI, you will need only Rs. 19200 to place your Intraday Order. Please note, that every scrip has a particular margin percentage i.e. VAR (Value at Risk) as specified by the exchange. Hence, to place an order of SBI in the Intraday segment, you require only 12.5% of the total amount of the order.

Intraday Sell Order Limit: In an Intraday order, only a specified percentage of the order value is blocked from your limit. A sell order in the intraday segment can be placed even without having any stock in demat account. Once the order is executed, a position is created. You can subsequently place the square off order to close this position during the day. Please note if you do not square off your position, your position will be squared off at our end at the end of pre-specified time. Also note for a sell order, square off position would be a buy order. For example, if you sell 100 shares of SBI in the Intraday segment at a limit price of Rs. 1536. Let s consider the LTP of SBI is Rs. 1535 and you place a limit order at Rs. 1536. To sell 100 shares of SBI, you will need only Rs. 19200 to place your Intraday Order. Please note, that every scrip has a particular margin percentage i.e. VAR (Value at Risk) as specified by the exchange. Hence, to place an order of SBI in the Intraday segment, you require only 12.5% of the total amount of the order. Future- Buy Market: Normal For example: You wish to buy 1 lot size (125 quantity) of SBI in the Future segment at CMP. Let s consider the LTP is Rs. 1521.7 and the expiry of the contract is on 27-02-2014. To buy 1 lot size of SBI, you will need approximately Rs. 30000 to place your Future Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange.

Future- Buy Limit : Normal You wish to buy 1 lot size (125 quantity) of SBI in the Future segment. Let s consider the LTP is Rs. 1521.7 and the expiry of the contract is on 27-02-2014. You place an order to buy the lot size at a limit price of Rs. 1500. To buy 1 lot size of SBI, you will need approximately Rs. 30000 to place your Future Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange. Future - Sell Market: Normal For example: You wish to sell 1 lot size (125 quantity) of SBI in the Future segment at CMP. Let s consider the LTP is Rs. 1503.9 and the expiry of the contract is on 27-02-2014. To sell 1 lot size of SBI, you will need approximately Rs. 30000 to place your Future Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange. Future - Sell Limit : Normal You wish to sell 1 lot size (125 quantity) of SBI in the Future segment at a limit price. Let s consider the LTP is Rs. 1502.75 and the expiry of the contract is on 27-02-2014. You place an order to sell the lot size at a limit price of Rs. 1510. To sell 1 lot size of SBI, you will need approximately Rs. 30000 to place your Future Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange.

Future - Buy Market : Intraday For example: You wish to buy 1 lot size (125 quantity) of SBI in the Future segment at CMP. Let s consider the LTP is Rs. 1501.35 and the expiry of the contract is on 27-02-2014. To buy 1 lot size of SBI, you will need approximately Rs. 15000 to place your Future Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange. In the Intraday segment, you get double the Span + Exposure Margin percentage as compared to the Normal segment. Future- Buy Limit : Intraday You wish to buy 1 lot size (125 quantity) of SBI in the Future segment at a limit price. Let s consider the LTP is Rs. 1497 and the expiry of the contract is on 27-02-2014. You place an order to buy the lot size at a limit price of Rs. 1490. To buy 1 lot size of SBI, you will need approximately Rs. 15000 to place your Future Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange. In the Intraday segment, you get double the Span + Exposure Margin percentage as compared to the Normal segment. Future - Sell Market: Intraday For example: You wish to sell 1 lot size (125 quantity) of SBI in the Future segment at CMP. Let s consider the LTP is Rs. 1498.5 and the expiry of the contract is on 27-02-2014. To sell 1 lot size of SBI, you will need approximately Rs. 15000 to place your Future Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange. In the Intraday segment, you get double the Span + Exposure Margin percentage as compared to the Normal segment.

Future - Sell Limit: Intraday For example: You wish to sell 1 lot size (125 quantity) of SBI in the Future segment at a limit price of Rs.1505. Let s consider the LTP is Rs. 1500.85 and the expiry of the contract is on 27-02-2014. To sell 1 lot size of SBI, you will need approximately Rs. 15000 to place your Future Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange. In the Intraday segment, you get double the Span + Exposure Margin percentage as compared to the Normal segment. Options: For Example: Call / Put Option - Buy Market Order: You wish to buy 1 lot size (125 quantity) of SBI in the Option segment at Market Price. Let s consider the LTP (Option Premium) is Rs. 58.4 and the expiry of the contract is on 27-02-2014. To buy 1 lot size of SBI with Strike Price 1500, you will need 58.4 (premium)* 125 (Quantity) = Rs. 7300 limit to place your Call/ Put Option Order.

Call / Put Option - Buy Limit Order: You wish to buy 1 lot size (125 quantity) of SBI in the Option segment at a Limit Price. Let s consider the LTP (Option Premium) is Rs. 58.4. You place an order at Rs. 55 and the expiry of the contract is on 27-02- 2014. To buy 1 lot size of SBI with Strike Price 1100, you will need 55 (premium)* 125 (Quantity) = Rs. 6875 limit to place your Call/ Put Option Order. Call / Put Option Sell Market order: You wish to sell 1 lot size (125 quantity) of SBI in the Option segment. Let s consider the LTP (Option Premium) is Rs. 58.4 and the expiry of the contract is on 27-02-2014. To sell 1 lot size of SBI with Strike Price 1500, approximately Rs. 30000 to place your Call / Put Option Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange. Call / Put Option Sell Limit order: You wish to sell 1 lot size (125 quantity) of SBI in the Option segment at limit price. Let s consider the LTP (Option Premium) is Rs. 58.4. You place an order at limit price of Rs.60 and the expiry of the contract is on 27-02-2014. To sell 1 lot size of SBI with Strike Price 1100, approximately Rs. 30000 to place your Call / Put Option Order. Please note, that every scrip has a particular Span + Exposure Margin percentage file as specified by the exchange.

Equity SIP: Buy Quantity: For example: You wish to buy 50 scrips of SBIN (State Bank of India) in the Equity SIP option. Let s consider the LTP is Rs. 1500.55. In Equity SIP, incase you are placing an order by Quantity mode e.g. Lets consider you wish to buy 50 scrips of SBIN every month for a period of 12 months. You can set the start date, tenure and frequency. Once the date is set, going forward, every month 50 scrips of SBIN would be credited in your demat account at the market price of the scheduled date till the tenure i.e. expiry date. Equity SIP: Buy Amount You wish to buy scrips of SBIN (State Bank of India) in the Equity SIP option. Let s consider the LTP is Rs. 1500.55. In Equity SIP, incase you are placing an order by Amount mode e.g. Lets consider you wish to buy worth Rs. 15000, SBIN scrips every fortnight for a period of 10 months. You can set the start date, tenure and frequency. Once the date is set, going forward, every fortnight scrips of SBIN for the amount of Rs. 15000 would be credited in your demat account at the market price of the scheduled date till the tenure i.e. expiry date. ETF SIP: Buy Quantity: You wish to buy 1 quantity of GOLDBEES in the ETF SIP option. Let s consider the LTP is Rs. 2795.25. In ETF SIP, incase you are placing an order by Quantity mode e.g. Lets consider you wish to buy 1 quantity of GOLDBEES every quarter for a period of 6 months. You can set the start date, tenure and frequency. Once the date is set, going forward, every quarter, 1 quantity of Gold Bees would be credited in your demat account at the market price of the scheduled date till the tenure i.e. expiry date.

ETF SIP: Buy Amount: You wish to buy GOLDBEES in the ETF SIP option. Let s consider the LTP is Rs. 2795.25. In ETF SIP, incase you are placing an order by Amount mode e.g. Lets consider you wish to buy worth Rs. 20000 GOLDBEES every month for a period of 18 months. You can set the start date, tenure and frequency. Once the date is set, going forward, every month GOLDBEES for the amount of Rs. 20000 would be credited in your demat account at the market price of the scheduled date till the tenure i.e. expiry date.