FundsMap

Order

• There are no counter parties who are willing to match the quote that you have provided
• Once someone places an order which matches your quote, you will get a fill

- You have placed an order and your order was expired

• Your order gets expired after the validity duration that you had selected while placing the order
• Once your order expires, the amount that you had deposited as margin amount is returned back to your funds, which you can immediately transfer to  to your bank account
• You now need to place another order if you want this order to be active, order is terminated at this point

Fill

|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|

|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|

|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
\/

• BUY SIDE
  • In case you had a buy order you now need to transfer the remaining amount and fulfill your obligation for this trade to get complete (2a)
  • You can check the remaining amount by clicking the details button (2b)
  • You can also visit the Funds page to see total current shortfall for all your fills
  • After transferring this amount, we will initiate the share transfer to your demat account (2c)
• SELL SIDE
  • In case you ad a sell order, you now need to transfer your shares(only the filled quantity) and fulfill your obligation for this trade to get complete
  • You can check the quantity of shares to be transferred by clicking the details button
  • Details of the process to transfer your shares can be read here
  • Once your share transfer is complete,  we will initiate a fund transfer to your bank account

Closure

|
|
|
|
|
|
|

|
|
|
|
|
|
|

|
|
|
|
|
|
|

|
|
|
|
|
|
|

|
|
|
|
|
|
|

--------

• Once we receive obligations from both sides of the trade, i.e. buyer transfers the funds and seller transfers the shares, we initiate a Successful Closure
  • Details of the amount and shares that will be transferred to you can be checked like this (3a)
  • In case your are a buyer, the amount pertaining to this trade, which was in blocked status until now will be transferred to us. Shares will be transferred to your primary demat account (3b)
  • In case you are seller, the margin amount that you had paid for this trade will be returned to your funds, which you can immediately withdraw. Amount which you had agreed to sell your shares for are transferred to your bank account

- You have completed your transfer of shares/funds  (Closure Phase)

• In case we do not receive obligations within the stipulated time period from the opposite leg of the transaction, we initiate a Failed Closure (3c)
  • The margin amount that you transferred for the order is returned back to your funds
  • In case you had put in a sell order, and transferred securities, the securities are transferred back to the same demat account that you transferred from
  • In case you had put in a buy order, and transferred the funds, the amount is returned back to your funds, and you can withdraw it immediately
  • If you had completed your obligation of transferring funds/securities we also provide a compensation amount which is a small percentage of your order value which is added to your funds(3d)

• If you did not complete the transfer of shares/funds in the stipulated time period, we will have to seize the margin in proportion to the fill quantity deposited by you for the order(3e)
• Any funds transferred above the margin amount, but not enough to complete the obligation will be returned back(3f)