NA

ATIONAL
L STOCK
K EXCHA
ANGE OF
F INDIA L
LIMITED
No
ovember 2011

HO
OW TO TRADE
T

NSE p
pazSaalaa is an educative tool that ssimulates livee market pricces in a virtu al environmeent that alloww
users to learn and un
nderstand th
he nuances o
of trading.

GETTI NG START
TED

REGIS
STRATION
N & LOGIN
N

1. NEW REG ISTRATION N: Create a new user, by b clicking on

o the link ““Register” onn the login page.
p
Please provvide valid dettails for date
e of birth and
d mobile no.., as passwoord shall be revealed only on
matching of details.

2. ACCOUNT ACTIVATIO ON: Users n

need to activ
vate the acco
ount by clickiing on the lin
nk sent in the
e mail
o login succe
to be able to essfully.

3. LOGIN: Aftter activation

n of the link, tthe user can login with th
he password sent to the mail
m id.

4. PASSWOR
RD: You may
y change the
e password once
o success
sfully loggedd in.

INSTR
RUCTIONS
S

1. Each user account shall be provided ` 5,00,000 as virtual ca

ash.

2. Users can place

p orders in 3 segmen
nts i.e. Equitty (CM), Derrivatives (F&
&O) and Currrency Deriva
atives
(CDS)

3. Users can place Market Orders & Lim

mit Orders.

4. Market orders shall be executed prom

mptly.

5. Limit orders will get exe ecuted at thee price enterred by the usser. A Buy oorder will gett executed if the
limit price is greater thann or equal to the LTP and d a Sell orde
er will get exeecuted if the limit price iss less
than or equa al to the LTP

6. Limits orderss shall move

e to the “Ord er Book”. Users
U can modify and caancel the order till the ord
der is
lying open in
n the order book.

7. Once the ord e shall move from “open” order book to “position” book.
der is executted the same

8. Cash shall be
b appropriatted for each position take
en by the use
er.

9. For Orders that are lying open, the amount sha ed and shall display as “holding”
all be blocke “ value in
ummary”
“Account Su

10. Users canno ot place orde

ers for securrities more th sh limit availaable after taking into acccount
han the Cas
the orders pending for ex
xecution.

11. Users also cannot

c initiate
e a sell orde r without hav
ving holding positions.

Page 1 of 8
 12. If after placing an order, the order do oes not appe
ear in the orrder book aftter 30 secs, please checck the
screen too view the sta
atus of the orrder.

13. Profit & Losss shall be ma

arked at the close of eac
ch position in CM and at eend of the da
ay on outstan
nding
derivatives positions.
p

14. Market Clos se: At the en

nd of trading
g day, the virttual market shall
s close annd outstanding positions shall
be carried fo
orward to the
e next trading
g date. Userrs can login the
t next day to begin trad ding. The tim
mings
are as under:

Segment Opeen Close

Equity 9:15
5 am 3:30 pm
Derivatives 9:15
5 am 3:30 pm
Currency 9:00
0 am 5:00 pm

USER NAVIGAT
TION

CREAT
TING A W ATCH LIS
ST

To start trading you need to set up a watch l ist to be able

e view the prrices of secuurities. A ma
ax of 30 secu
urities
can be aadded to 1 watch.
w Only 1 watch is a
active at any point of time e, hence to be able to monitor
m the prices
p
the watcch should be “Set as defa
ault”.

STEP 1
1: SELECT
T CREATE
E WATCH L
LIST

Select th
he button appearing in th
he top row ass indicated in
n the screen shot below.

STEP 2
2: NAME THE
T WATC
CH

Provide a name for the

t watch, th
hat does not ccontains spa
aces or special characters
rs. Click on Create.
C

ADDIN
NG SECUR
RITIES TO
O THE WAT
TCH LIST

STEP 1
1: ADD SE
ECURITIES
S

You can n add securities immediattely after cre

eating a watc
ch list or you may add seecurities to th
he “default” watch
w
list by se
electing “Add
d Scrips” from
m the buttonss available in
n the top row
w. Select “Eqquity” for Cassh market, “F
F&O”
for “Equ uity Futures & Options” and “CDS” for currency y derivatives
s and interesst rate futurees. Interest Rate
Futures are available e within CDSS option.

Page 2 of 8
STEP 2
2: ADD TO
O MARKET
T WATCH

Securitie
es shall appe
ear in the deffault watch o
only after clic
cking on the “Add
“ to Markket Watch” button.

STEP 3
3: DELETE
E SECURIT
TIES FRO M MARKE T WATCH

Click on the securityy and the roww shall get se

elected. Righ
ht click and select
s the “Reemove Scrip
p” option to delete
d
urity from a watch
the secu w list.

TOGG LING BET

TWEEN WA
ATCHES

STEP 1
1: SET TO
O DEFAUL
LT TO VIEW
W LIVE PR
RICES.

User can n create mulltiple of watc

ch lists. To cchange the default
d watch
h list on the ppage, simply
y select the watch
w
list creatted from the table and se elect the onee desired. The
T selected watch row sshall appear banded. Clicck on
“Set as ddefault”. To change, sele ect another rrow and click
k “Set as default”. This alllows users to toggle betw
ween
watch lissts.

WATC H LIST VI EW

The defa
ault watch sh
hall appear in
n the left han
nd side of the
e page and shall
s display tthe live price
es.

Page 3 of 8
Click on the headerss to sort in as
scending /de
escending ord
der.

FUNCT
TIONS AVA
AILABLE IN WATCH LIST

Select a row by clickking on it (thee pointer arro

ow should dis
splay). After the row is seelected (shou
uld appear in
n
blue) rig
ght click on it to see the fo
ollowing optio
on

1. Remove Scrrip : to Remo ove a securityy from the watch

w list
2. Place Buy Order:
O to plac
ce a Buy ordeer – same as s “B” in the watch
w list.
3. Place Sell Order:
O to plac
ce a Sell orde
er – same as s “S” in the watch
w list.
4. Get Quote : to view the trade
t informaation

5. MBP : The MBP

M page displays the addditional trad
de informatio
on like Weighhted Average
e Price Volumme
and Trades for the securrity and the o
order book depth for Bestt 5 bids and offers. Scrooll down to se
ee
the best 5 biids/offers in the
t Market.

Page 4 of 8
PLACI NG A BUY
Y ORDER

Placing an order ca an be done by

b selecting the “B / S” against the security. “B B” for Buy annd “Sell” for Sell.
Once the order is placed, you caan modify the ancel the same. The staatus of each order appea
e order or ca ars in
the w
window. For derivative contracts the minimum qu uantity is dis m place orders
splayed by ddefault, you may
only in m
multiples of th
he same.

STEP 1
1: CLICK ON
O “B” IN THE WATC
CH LIST.

n initiate onlyy buy orders for the 1st tim

One can me in the CM
M market

STEP 2
2: SELECT
T AN OPTIION

In price type 4 option

ns are availa
able

a. Liimit: To place
e a limit orde
er. You need d to enter thee price upto 2 decimal plaaces
b. M
Market: To pla ace an order at the prevaailing market rate. You will
w not be askked to enter the price.
c. SL-L : Stop Lo oss – Limit. To place an order where e you can entter the price and place a trigger price
ower than the
lo e actual price
e to prevent tthe order from executing at loss.

Page 5 of 8
 d. SL – M : Stop Loss - Mark ket . To place
e an order at the market.. Here only tthe trigger prrice lower tha
an
th
he prevailing rate can be specified.

PLACI NG A SEL
LL ORDER
R

STEP 1
1: CLICK ON
O “S” IN THE WATC
CH LIST.

One can
n initiate sell orders in the
e CM markett only if one has
h buy positions in the ssecurity.

STEP 2
2: SELECT
T AN OPTIION

In price type 4 option

ns are availa
able

a. Liimit: To place
e a limit orde
er. You need d to enter the
e price upto 2 decimal plaaces
b. M
Market: To pla ace an order at the preva ailing market rate. You will
w not be askked to enter the price.
c. SL-L : Stop Lo oss – Limit. To place an order where e you can entter the price and place a trigger price
hiigher than the actual pricce to prevent the order froom executing g at loss.
d. SL – M : Stop Loss - Mark ket . To place
e an order at the market.. Here only tthe trigger prrice higher th
han
he prevailing rate can be specified.
th

OPEN ORDER BOOK

B

The Opeen Order boo

ok can be inv
voked from th
he below dis
splayed scree
en shot. Clicck on icon
n to view the
Open orrder book.

The Opeen Order boo ok displays th

he status of e
every order placed in thee account. OOpen orders are a availablee for
modifica
ation or cancellation. Scrroll horizonta
ally to access
s the modifica
ation/cancelllation field in
n the page. You
Y
can moddify limit orde
ers to markett orders. Rejjected orders
s reasons are available inn the last column. Pleas se
use the cancel/mod dify option carefully,
c as
s once clickeed the same e cannot be reversed, and a
mation is nott sought beffore proceed
confirm ding. To sorrt the view click on the heeaders in thee respective
column eeg. Order No o. or Order date.

Page 6 of 8
POSIT
TION BOO K

The possition book displays the positions

p heldd by the acc
count holder.. The Positi on book reflects the hold dings
of each security Bou ught/Sold; it computes th he Avg. Pricce and displaays the Markk to Market forf each possition.
The redd and blue banding
b indic
cates MTM profit (blue) or loss (red d), which alloows users tot know their net
positionss upfront. The
T BEP ind dicates the ““Break-even price/point” at which thee security sh hould be bouught /
sold to e
earn a profit.. Net Value column disp plays the totaal holding. A positive poosition indica
ates – cash in
nflow
and the negative possition indicates – cash ou utflow.

ACCO UNT SUM

MMARY

The Acccount Summa ary updates when your p position bookk value chang
ges. On execcution of an order
o in the Cash
C
market tthe amount is displayed d as “Holdingg Value”. For
F positions s in derivativves like F&OO or currencyy the
same is shown as Margin
M value. Profit/Loss a
arising from squaring-up a position iss reflected un
nder “Gain/LLoss”.
uaring off the
If by squ e position the
e net MTM, rresults in a lo
oss the amount shall be deducted fro om the “Avaiilable
Funds”, if the same e results in Profit the aadditional funnds shall be
e added to the “Availab ble Funds”. The
e funds is the
available e clear amou unt available for placing orders.
o

Page 7 of 8
OTHER
RS

Use the below mentiioned icons for

f the follow
wing functions
s

1. Feedback – click to write

e to us
2. To access thhe “Help” on how to trade
e with NSE paathshaala.
p
3. To go to the login page.

Telepho
one No Faax No Email id
022-265
598292 - nseonline@
@nse.co.in

Page 8 of 8