Zerodha - Number One Discount Broker in India

[TracerBullet]

Check this blog, most queries are answered here already: http://zerodha.com/z-connect/tradez...oftware-version/stop-loss-orders-limit-market

In a SL orders are triggered based on LTP(last traded price) and not on Bid/ask. As soon as the price moves above/below LTP on the exchange order gets triggered and your limit order is placed.

1st example, if market is falling fast, if LTP is 220 or lower, your SL is triggered and selling limit order at 215 is placed. if the LTP drops to below 215 by the time your order reaches the exchange your selling limit at 215 becomes a pending order.

Vice versa in case of buying SL

Can you please confirm that again. I read in many places that generally SL triggers based on best available price ( ie bid for sell and ask for buy )
ex - http://www.investopedia.com/ask/answers/06/stoplossorderdetails.asp

But searching now i also see that some say only LTP triggers it. So maybe it can be different for each exchange/broker. Sorry for repeating question.

Again Snap Quote shows only the first bid/ask and rest are 0 ...

Edit - If i keep it open, it usually fills up fine (from showing 0s to proper values). This problem seems to be more pronounced for smaller stocks perhaps because they are less active. Only get this problem once in a while.

Screenshots attached. Its working ok now btw.

 

[throwawayacc123]

Hi Zerodha,
Today i have experienced a technical problem in zerodha trader like some one elsewhere in this tread stated,when i sell to close the sbin option ,the trade was executed but not shown in the order book and in the trade book ,after reconcile also it did not show so again i sold it ,when i log out and again login the order book shows two trades for sell instead of one.this way i incur loss as i have to cover the other one.If the platform is buggy the low brokerage advantage is vanish in losing trades because of probelms in platform.so please take steps to rectify the problems.
regards
M Prakash

what are you saying. As per zerodha, NEST trading platform is not buggy and very stable.

This must have happened in your dream.

 

[Zerodha]

Can you please confirm that again. I read in many places that generally SL triggers based on best available price ( ie bid for sell and ask for buy )
ex - http://www.investopedia.com/ask/answers/06/stoplossorderdetails.asp

hmm.. interesting, shooting this query to all the exchanges right now, to figure out what triggers, LTP, BID or ASK.

Will keep you posted on the reply, because the way we have tried/tested, it seems to be the LTP..

 

[Trader J]

hmm.. interesting, shooting this query to all the exchanges right now, to figure out what triggers, LTP, BID or ASK.

Will keep you posted on the reply, because the way we have tried/tested, it seems to be the LTP..

I experienced that SL Trigger whenever trade execute @ Trigger price, for example If our trigger is new intraday high and the Ask rate is above new high but I observe that SL trigger waiting for trade @ new High.

Edit : The SL will trigger even If trade will jump to trigger price and make new high.....

 

[tradinglearner]

zerodha,

Question regarding currency F&O brokerage

1) If I buy only one lot of USD-INR Future at 61.5, what is the brokerage? Fixed 20/- (or) 0.01% of 61500

2) If I buy only one USD-INR call option ( 62 strike rate at .30 ), What is the brokerage? Fixed 20/- (or) 0.01% of 62000


SL trigger

As far as I know SL order will not triggered if no transaction happens ( LTP) between trigger price and limit price (Trigger 220, Limit 215). If market suddenly falls from LTP 220.5 to below 215 and never reaches 215 in that day, stoploss order will not be triggered.

 

[Zerodha]

zerodha,

Question regarding currency F&O brokerage

1) If I buy only one lot of USD-INR Future at 61.5, what is the brokerage? Fixed 20/- (or) 0.01% of 61500

2) If I buy only one USD-INR call option ( 62 strike rate at .30 ), What is the brokerage? Fixed 20/- (or) 0.01% of 62000


SL trigger

As far as I know SL order will not triggered if no transaction happens ( LTP) between trigger price and limit price (Trigger 220, Limit 215). If market suddenly falls from LTP 220.5 to below 215 and never reaches 215 in that day, stoploss order will not be triggered.

for both 1 and 2, 0.01% or Rs 20 whichever is lower.. so yes, 0.01% of 61500 and 62000

 

[TracerBullet]

@Zerodha - I am planning to move my demat account from ICICI to you

Questions -
1. I have some PFC infra bonds. Will it be transferable to Zerodha? If not, what can i do with them if I want to eventually close ICICI account (they are locked for few years)
2. I read that Zerodha will open its own demat maybe this year. Can i assume that my account will be automatically switched without any charges.

Thanks

 

[kickass]

@ zerodha
what are the margin requirements for bond futures(overnight and intraday) ?

 

[blisscapital]

Besides USDINR which is the other most liquid forex pair in NSE? And how many lots can be traded without slippage in that pair?

 

[akrsrivastava]

5 features on ZT that you might not have known..

http://zerodha.com/z-connect/tradez...ve-things-you-didnt-know-about-zerodha-trader

Zerodha, you might want to add the following feature also.... :lol:

Hi Zerodha,
Today i have experienced a technical problem in zerodha trader like some one elsewhere in this tread stated,when i sell to close the sbin option ,the trade was executed but not shown in the order book and in the trade book ,after reconcile also it did not show so again i sold it ,when i log out and again login the order book shows two trades for sell instead of one.this way i incur loss as i have to cover the other one.If the platform is buggy the low brokerage advantage is vanish in losing trades because of probelms in platform.so please take steps to rectify the problems.
regards
M Prakash