What will be my cost if I trade through Emkay share?
Account Opening charges Charges for opening an account w.e.f. Nov , 2006, stand at Rs. 680/-. This is inclusive of legal documentation charges. This amount has to be paid by Cheque in favor of Emkay Global Financial Services Ltd & Stock Broking Pvt ltd. Brokerage Brokerage will be charged at the rate of the higher of 0.5% of the transaction value or Rs. 25/-. In case of a square-off, brokerage will be charged at the rate of 0.15% of the transaction value on each leg subject to a minimum of Rs. 7.50 on each leg of the transaction. For. e.g. * If you buy 100 shares of MTNL @ Rs. 190, brokerage charged will be Rs. 95/- (0.5% of 19000) * If you buy 10 shares of HLL @ Rs. 180, the brokerage charged will be Rs. 25/- * If you buy 100 shares of HLL @ Rs. 190 and sell 100 shares of HLL @ Rs. 200 in the same settlement, brokerage will be charged @ 0.15% of 19000 + 0.15% of 20000 = Rs. 58.50 * If you buy 10 shares of Castrol @ Rs. 180 and sell 10 shares of Castrol @ Rs 175 in the same settlement,
