A Contract Note—also referred to as an Electronic Contract Note (ECN)—is a legally binding document issued by FYERS that confirms all trades executed on your behalf on a given trading day. It provides complete transparency and serves as an official record of your trading activity.
What does the Contract Note contain?
Every Contract Note includes a detailed summary of trade transactions and associated charges. It acts as a proof of trade and is issued in compliance with regulatory requirements.
Key components:
- Client Information: Includes your name, PAN, client code, and registered address.
- Order & Trade Details: Lists order number, trade ID, timestamps, scrip name, and action (Buy/Sell).
- Execution Data: Quantity, trade price, and—for derivatives—closing rate per unit.
- Charges Summary: Shows all applicable charges like brokerage, STT/CTT, GST, SEBI fees, and stamp duty.
- Exchange Confirmation: Specifies whether the trade was executed on NSE, BSE, or MCX.
Why is it sent?
FYERS sends the Contract Note to your registered email address at the end of every trading day. This ensures:
- Transparency of executed trades
- Legal validation of transactions
- Easy record-keeping and auditing
- Compliance with SEBI and exchange regulations
What If...
| Scenario | Explanation |
|---|
| I don’t receive the Contract Note | Check your email's spam or promotions folder. |
| I want to verify trade accuracy | Use the Contract Note to cross-check trade quantities, price, and charges. |
| I need it for income tax filing | Contract Notes are valid legal records and useful for P&L and capital gains reporting. |
Keep your registered email up to date to ensure timely receipt of your daily Contract Notes. These documents are also archived in your FYERS account for download.
Last updated: 28 Jun 2025
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