Sales and purchase of shares - speculative transactions

This query is : Open

Praneetha (Querist)
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09 July 2015 Dear all,
Please help me in understanding the consolidated statement regarding profit& Loss statement.

in the ledger account given by the client there are some transactions like Payin and payout and inter segment Adjustment, Margin Trf to main A/c.

what are the above terms, please guide me in understanding the same at the earliest

Thanks in advance,
awaiting the reply

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 July 2015 Payin is the amount paid by investor.
Payout is amount received by investor. Inter segment adjustment is funds adjusted between F&O and cash segments.
Margin transfer to main A/c is margin transferred from F&O to cash ac.

Praneetha

Praneetha (Querist)
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09 July 2015 Thank you Mr.Seetharaman,
What is F&O , Is it Futures & options ?
What is a cash Segment?
where can i get a detailed explanation about those terms?

i have no idea about these transactions , thus could not understand the terminology,
please do guide me,
awaiting reply

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 July 2015 Yes it is Futures & options for which only margin money has to be paid.
Cash segment is purchase and sale of shares for which full payment has to be made.

Praneetha

Praneetha (Querist)
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09 July 2015 Thank you Sir,
i would like to know the proper website or book which contains details of all those transactions in detailed.