Zerodha - Number One Discount Broker in India

Zerodha

Well-Known Member
so now we have 2 scenarios:

a) pledge shares to trade onself (write calls/covered calls or take position)
b) lend shares using this mechanism SLB.

which of these do you think provides better return on investment
If you are a trader and you spot an opportunity, I guess you would rather do it yourself.

In SLB, the lending is more for people who are sitting on stocks which are idle and doing nothing. If there is a demand, they can earn decent returns out of this holding.

In SLB, traders can borrow though if there are opportunities that you spot.

In gist, both can't really be compared to each other.
 

Gandhar.

Well-Known Member
:) , not really, this update was pending and we were waiting to release it after Nov expiry.

Still not able to figure out the issue that you faced, couldn't find the email..
is it the new big thing in platform you were talking about or it still has to wait 5-6 months given that a new ZT has been released by you?:confused::D
 
3 points

1) I have been trading at zerodha since last thursday, on all days (last six of them, the first time i didnt even know 'backoffice'), i have not received the backoffice update till at least 9 pm (which is supposed to be the last time for expiration days), most of the time 11pm. This is a HUGE disadvantage for any serious trader journalling his trades, the day gets extended by 6 hours for no reason.

2) I had the same software issues on tuesday, having said that, the amibroker charts along with ZT are working excellently for me, the speed being unreal, something i did not expect, so great job. (Even though am in a loss, but thats my fault, the software has been great, barring any further mishaps like tuesday).

3) I have 5L (approx) in my acct, today, i tried to do a trade for 20 lots and got blocked on my last 5 lots due to margin reasons, this last point does not effect me really as i dont lever tht much usually, i was just trying to stretch a move (allowed me 900sh = 18 lots), i understand 25k 30 k and all that, but intraday do we nor get 12k or 13k margin? Or am i neglecting a choice to click?


Point 1 is my main concern for now, ty.
 
:) , not really, this update was pending and we were waiting to release it after Nov expiry.

Still not able to figure out the issue that you faced, couldn't find the email..
Really so? Are you so innocent to not able to guess this? Does one now need to give his Traderji ID as well with email! Check again, it is now your turn to reply to my email. I am not satisfied with your executives' explanation.

And it is better to explain such 'confusing' matters in writing, instead over phone - and giving two different versions there too.

One executive who called me got pissed off when I raised the possibility of system error. Then if you do not mind can I post 'whatever' material I have here?
 
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If there is a technological glitch causing in profits or losses, it would be on the trader, it is the same way with every online brokerage in the world.

I guess the account opening document mandated by the exchange has this in the risk disclosure document, saying the trader understands all risks that come by trading online.
Hmmm. That is why the soundness of broker's system is so important. Credibility and reliability factor come from there.

But I do not agree brokers are not responsible in any which way. Emkay paid the price of flash crash.. happened last year, despite SEBI siding with them.
 
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10.30 pm, no update to backoffice, this is basically the last 6 days in a row, dating to last friday, i started on thursday, lol, prolly happened then too, except i didnt know what backoffice was.

BEfore any of the out of world software's and whatnot, the record of trades within three hours of close is of the utmost importance, who in the world is reponsible for this over there? Talk to him please, or give me his number/extension, i will.

Heck, when i was a broker, i would get my tickets within half an hour of close time (4.30), and this was live, i thought online meant speed?

Ty for your patience and great job otherwise.
 
hello,
The P&l reports are showing the figures in a different format(incomplete...) as compared to earlier reports. Any updates on this issue ? it has been abt 10 odd days since i first brought this problem up. regards
 

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