Protection of Security Code(s)
The Client shall immediately notify
the Member in writing, delivered via-e-mail and Registered AD, if the Client becomes
aware of any loss, theft or unauthorized use of the Client's Security code (s) and
account number or any failure by the Client to receive the confirmation of an execution
including the contract note for the same; or any receipt by the Client of confirmation
of an order and/or execution which the Client did not place; or any inaccurate information
in the Client's account balances, securities position, or transaction history. In
the case where the Client notifies such loss, theft or unauthorized use of the Client's
Security code (s) password and account number to the Member, it shall suspend the
use of the account of the Client, however the Client shall be responsible and liable
for all transaction that are carried out by using the Client password. When any
of the above circumstances occur, neither the Member nor any of its officers, directors,
employees, agents or subsidiaries will have any responsibility or liability to the
Client or to any other person whose claim may arise through the Client with respect
to any circumstance described above.
Password Protection
We give you a unique user name and
two passwords for transaction purposes. When you place an order we ask you for the
transaction password, which authenticates your identity from our highly secured
database. The system also has a feature, which automatically expires
your transaction password in 30 days. This would mean we force you to change your
password every month for ensuring high security for all your transactions. You can
also change your password online at any time. In addition, you can use the Log Off
button located throughout the site to securely exit your account without closing
your browser.
Internet Scanners and Intrusion Detection System
The system maintains a database
of attack signatures which is continuously updated and against which it will scan
all incoming traffic to detect any malicious activity or hacking attempts into the
site. In the event of a possible attack, it will terminate that session, log the
attack details and also alert the administrator.
Identity Protection
Please do not reply/respond to any
communication, including email, SMS or phone call informing you that your accounts
will be closed unless you provide your personal information by responding to such
communication or other email address/website/mobile number/phone number, or any
communication requiring furnishing of any information personal or otherwise, and
representing to be from CSL.
Avoid sending or furnishing personal and financial information on email. Also prior
to providing any information (financial or personal) on a website, verify the bonafides of the website, its address and of the owners/operators
of such websites. Make sure that the URL (Uniform Resource Locator) that appears
in the "address" or "location" box on your browser window is
the one you wish to access.
Surveillance
Magnum has a very scientific risk
management system in place. The company has a separate surveillance and monitoring
department, where highly efficient and experienced personnel are in charge of close
monitoring of terminal operations throughout the trading hours. Each and every branch/franchisee
is under continuous watch as regards exposures, margins, timely payment of cash
and shares, turnover, mark to market profits/losses and so on.
If you do not agree to any of the terms mentioned in this agreement, you should
exit the site.
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