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HDFC Securities

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1.4

Summary

HDFC Securities
Bosco Menezes@boscom68
Jul 31, 2004 12:17 PM, 3650 Views
(Updated Jul 31, 2004)
Why HDFC Sec is NOT the trading site for me ...

-ve’s about this site :




  1. BSE trades not allowed - and not even through phone banking !!




  2. If you sell through your broker for any reason, you have to visit the bank (timings are rigid too - up to 3.00 p.m only ) & submit your Transfer Instruction. Cannot transfer online.




  3. When you fill your sell order & submit you are taken to the bank account where you have to login again, block the shares for trade , then you are taken back & have to submit & confirm again before your trade goes through (takes 2-3 minutes which is a decade in the stock-market).




  4. Software is all screwed up - try this : put a trade at 9.35 am & 9.50 am, prior to the opening of the exchange. The 9.50 trade hits the exchange first, followed by the 9.35 trade.




  5. Pre-opening trades take a couple of minutes to hit the exchange.




  6. Limited scrips are allowed for trading.






.... and more.


As for +ves, none really

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