Zerodha - Number One Discount Broker in India

Zerodha

Well-Known Member
@ZERODHA ,
you have not replied the following question.(#13090)

"whenever a series comes to an end ,we get message at around 2.30pm
to square off positions in ITM options to pay excess STT charges.

But we do not see such message in case of
weekly Bank nifty options. "
Ah yeah, makes sense. Hardly anyone is trading these weekly options, I guess we will need to do it such a way that only that small group gets to see this message.
 

columbus

Well-Known Member
Ah yeah, makes sense. Hardly anyone is trading these weekly options, I guess we will need to do it such a way that only that small group gets to see this message.
"Hardly anyone is trading these weekly options"

Really wonders me. Lot of activity was spotted one STRIKE above and one
STRIKE below from SPOT (apart from spot).That is ,if spot is 17900 then 17900CE & 18000CE and
17900PE & 17800PE.
 

columbus

Well-Known Member
"Hardly anyone is trading these weekly options"

Really wonders me. Lot of activity was spotted one STRIKE above and one
STRIKE below from SPOT (apart from spot).That is ,if spot is 17900 then 17900CE & 18000CE and
17900PE & 17800PE.
In fact ,volumes in weekly BANK nifty are far better than Monthly bank nifty.
 

bpr

Well-Known Member
This is like quite a tricky thing, posting link where we have explained the reason for this:

http://tradingqna.com/26497/does-charts-same-timeframe-look-different-the-same-platform

So the candles that we form is done by the ticks received on our our OMS may be 5 to 6 ticks a second. On the actual exchange there could be thousands of ticks. So the minute/hour/ candles are formed by the data we received.

At the end of every day, we sync the daily candle with the exchange bhav copy to make sure we are in sync. So the daily OHLC will match the exchange OHLC declared on Bhav after market closing.

But exchange doesn't give out any minute or hour bhav copy, so it is technically not possible to have this match with exchange. Not just us, but any other charting platform.

The only way it is possible is if the data vendor is Tick by Tick data vendor from the exchange. I guess the only ones in India are esignal, who charge Rs 10k+ per month for data.
Are you sure esignal is tickbytick?
My analysis shows they are not.
Just because somebody charging 10k per month does not mean they are tick by tick.
If you are not sure then don't put such information.
 

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