ECN form is an undertaking that you have to sign physically for your commodity account at Tradeplus. It is the undertaking based on which you will be sent electronic contract notes for the trades you make after your account is open. If ECN is not signed by you then you will receive Physical contract notes for your trades and accordingly charges at Rs. 50 + GST would apply per contract note
To enable ECN, the exchange (MCX) requires the client to physically fill and sign the Declaration Form. The same is attached and also given as a link. Follow the simple steps below to disable Physical Contract Notes and enable ECN for your account:
1) Click here to download the ECN Declaration Form or click on the attached file to download.
2) Follow the instruction given in ECN form to fill the declaration
3) Send the Physically signed ECN Declaration Form to the address below:
C/O NAVIA MARKETS LTD
No.9, Ganga Griha, 4th Floor, Nungambakkam High Road,
Nungambakkam, Chennai - 600034