through which your trade is to be executed and maintain a separate account per Exchange. member of the Exchange within 24 hours of the execution of the trade. done on a particular day for and on behalf of a client in a format prescribed by the Exchange. It establishes a legally enforceable relationship between member and client in respect of settlement of trades executed on the Exchange as stated in the contract note. member and client both keep one copy each. The client is expected to sign on the duplicate copy of the contract note for having received the original. SEBI registration number of the trading member Details of trade such as order number, trade number, trade time, quantity, price, brokerage, settlement number, details of other levies The trade price shown separately from the brokerage charged (The maximum brokerage that can be charged is Rs 0.25 per share/debenture or 2.5 per cent of the contract price per share/debenture, whichever is higher. The brokerage and service tax is indicated separately in the contract note)
Signature of authorized representative Arbitration clause stating that ‘the courts in Mumbai shall have exclusive
jurisdiction in respect of all proceedings to which the Exchange is a party, and in respect of all other proceedings, the courts having jurisdiction over the area in which the respective Regional Arbitration Centre is situated, shall have jurisdiction, must be present on the face of the contract note’ The back of the contract note should indicate clause to arbitration and limitation period for filing of arbitration reference.