What is an Electronic Contract Note in Zerodha?
- Last Updated: 21 Feb, 2024
- Value Broking
- Mins
- 2.3K
An Electronic Contract Note (ECN) in Zerodha is the digital or electronic version of a summarised note sent by brokers to clients, detailing all transactions executed on a particular day. It includes information such as instrument names, trades, quantities, prices, and applicable charges. The ECN confirms and provides a breakdown of all charges incurred.
It enhances transparency in trading by enabling clients to cross-check their trades and transactions, ensuring clarity regarding amounts received or paid and detailing brokerage charges in one consolidated document.
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