Why did Tradejini send an email requesting clarity on trades?

At Tradejini, we take the responsibility of ensuring a secure and compliant trading environment seriously. The Securities and Exchange Board of India (SEBI), stock exchanges (PDF), and depositories (PDF) mandate brokers like Tradejini to maintain effective surveillance mechanisms. This involves reviewing client transactions, flagging trades, and seeking clarification on the rationale behind certain transactions to verify their genuineness.

Apart from our internal systems generating alerts, stock exchanges also flag transactions, prompting us to request explanations from our clients. It’s part of the regulatory framework that helps maintain market integrity. When you receive an email about a surveillance alert, it means that either our system or the stock exchange system has flagged a transaction, and we need clarification from you to ensure compliance with regulations.

Rest assured, this is a standard procedure to uphold the integrity of the financial market. We appreciate your cooperation and transparency in providing the necessary details. If you have received such an email, please respond promptly with the required information.