You can freeze online access to your account by sending an email at stoptrade@kredenttrading.com or you can call us at (033) 4000 2345 in case any suspicious trading activity is noticed by you . Your account will be frozen within 15 minutes of receiving your request if the request is given during the market hours (i.e 9.15 am to 3.30 pm) and If the request comes after the market hours (i.e after 3.30 pm) the account will be frozen before the trading hours of next trading day. Similarly to unfreeze the account you can send an email at stoptrade@kredenttrading.com or you can call us at (033) 4000 2345 to unfreeze the account. Once your trading account is frozen, you will not be able to do any order placement, trading /investment related activities. Only fund transfers or withdrawals will be allowed.
SEBI vide it circular SEBI/HO/MRD/MRD-POD-3/CIR/2024/1 dated 05-Jan-2024 on the subject of “Framework for short selling”. Under the same, all stock brokers are mandated to collect the details on scrip-wise short sell positions, collate the data and upload it to the stock exchanges before the commencement of trading on the following trading day.
In view of the same any retail client of Kredent Trading LLP who short sells are required to send an email to compliance@kredenttrading.com with subject heading: “Short Sell” providing details of their short sell trades. The said email should be sent before 4.30 pm on the trading day to meet the extant regulatory requirement.
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