September 25, 2023
It is with a lot of excitement that we roll out a new reward and recognition (R&R) programme to recognise excellent work by the Relationship Managers (RMs) of the Super Trader segment in promoting trading using application programming interfaces (APIs) among customers. API trading is catching up fast among professional traders on account of its multiple advantages. We present the targets, rewards, terms and conditions (T&C), and other details of the R&R programme below. We hope all Super Trader RMs will participate in this programme and help our customers benefit from the new concept as well as boost the company’s business. The programme will run from August 1 to September 30, 2023.
Targets and Rewards for the API Champions R&R programme
| Lots per day through API | Reward amount in Rs. | Expected RM’s Qualifying | Total Out go in Rs | Total lots |
| 1500 | ₹ 10,000 | 10 | ₹ 1,00,000 | 15,000 |
| 1000 | ₹ 8,000 | 20 | ₹ 1,60,000 | 20,000 |
| 750 | ₹ 7,000 | 50 | ₹ 3,50,000 | 37,500 |
| 500 | ₹ 5,000 | 25 | ₹ 1,25,000 | 12,500 |
| 200 | ₹ 3,000 | 75 | ₹ 2,25,000 | 15,000 |
| Total | - | 180 | ₹ 9,60,000 | 1,00,000 |
T&C of the API Champions R&R programme
- Clients availing of free brokerage will not to be considered for the programme.
- Clients trading through our API partners will be considered.
- The month-wise average daily lots will be considered for the programme.
- Only clients mapped to the DPMS of the RMs/CREs DPMS will be eligible for the programme.
- All participants must follow all compliance rules and regulations strictly at all levels.
- The winners’ list will be subject to the recommendations of the Compliance and Audit teams.
- Mis-selling will not be tolerated.
- Super Trader Desk reserves all the rights regarding the R&R programme.
Enablers for the API Champions R&R programme
| Particulars | Purpose | Link |
| Strategy details and links (11 strategies) |
Premium Tiger and Strike Tiger | click here |
| Sharekhan and API process | Learn the process for algorithmic trading | click here |
| Error management | Basic errors and support point | click here |
| Why API trading? | Benefits of trading with API | click here |
| Dos and Don'ts | Important things to remember | click here |
| Script for RMs to pitch API to clients | For better client engagement | click here |
| Support for API Champions | In case of any difficulties, please reach out to respective team members | click here |
We wish all the best to all RMs of the Super Trader team and look forward to some fantastic performance in the API trading business ahead.
| Published by Team Internal Communications |  |
| This newsletter is for internal circulation only. It may not be published, reproduced or quoted in part or in whole, nor may it be published on social media without prior consent. The content is strictly copyright and reproduction of the whole or part of it in any form is prohibited without written permission from the Internal Communications department of Sharekhan. | |
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