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Freezing/blocking Online Trading

Details of business transacted by the Depository and Depository Participant (DP)

a Email from registered e-mail ID at stoptrade@mithunsecurities.com
b SMS from registered mobile number at 8882313178

Framework for Trading Members to provide the facility of voluntary freezing/ blocking the online access of the trading account to their clients.

Mithun provides the framework and facility of voluntary freezing/blocking the online access of the trading account to their clients.

The framework for Trading Members for providing the facility of voluntary freezing/ blocking the online access of the trading account to their clients on account of suspicious activities as finalized by the Brokers’ Industry Standards.

Mithun provides two modes of the following communications through which the client may request for voluntary freezing/ blocking the online access of trading account if any suspicious activity is observed in the trading account from their Registered Email Id and Registered Mobile No.

Post freezing/blocking the client’s trading account send a communication on the registered mobile number and registered e-mail ID of the client, stating that the online access to the trading account has been frozen/blocked and all the pending orders in the client’s trading account, if any have been cancelled along with the process of re-enablement for getting the online access to the trading account

Re-enabling the client for online access of the trading account:–

The Trading Member shall re-enable the online access of trading account after carrying out necessary due diligence including validating the client request and unfreezing / unblocking the online access of the trading account.

Complete Framework is available at our website: https://mithunsec.com  under Policy & Procedures “Risk-Management-Policy-Mithun”.