A Contract note is a document sent by your broker on your registered email ID within 24 hours from your trade execution time. This is the summary which comprises of your trade details, brokerage and other exchange/government charges.
Below are the components of the contract note and their interpretation: Order No: It is your exchange order number which is unique
Order Time: Time when you placed the order into the system Trade No: This is an exchange trade number that is unique
Trade Time: Time when your order was executed on the exchange
Security/contract description: Name of the share/scrip or the contract in which you conducted the trade
Buy(B)/ Sell(S): This is the type of your transaction Quantity: Number of shares bought/sold
Gross Rate/ Trade Price Per Unit (in foreign currency): This is the price at which your order is executed
Brokerage Per Unit (Rs.): Amount of brokerage you paid per share
Net Rate Per Unit (Rs.): The net rate per unit and the gross rate per unit shows the same value since we have mentioned brokerage charges separately
Closing rate per unit is applicable to carried over derivative contracts: This indicates the price at which the contract closed for the day
Net Total: This is the amount due to you or from you excluding the brokerage and other charges
Remarks: Segment in which you executed your trade
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