Zerodha - Number One Discount Broker in India

columbus

Well-Known Member
3. Total buy quantity (TBQ) and TSQ are basically total buy and sell across all the bids and offers for that stock/contract.
TBQ and TSQ are misleading in trading.Consider, Reliance with
current market price @825.Is it a mistake to place an order for 10,000 qty @700 Rs.?
But they are reflected in TBQ.[Anyway FII or DII or HNI can place such orders since it involves huge money.]
 

Tlahuicole

Well-Known Member
Zerodha,

You have provided great service, but do you have idea of fixed brokerage plan?

It will be great if you come up with such plan.
 
Zerodha,

You have provided great service, but do you have idea of fixed brokerage plan?

It will be great if you come up with such plan.
No need, i think 20 Rs is plenty cheap brokerage.

Zerodha also has to make money and stay in business.

What i would like to see is give retail traders a tool that will fill the orders a multiple prices.

something like slicing , but the terminal should handle the slicing of the order,because we don't get proper fill at a single price point.

So the tool should consider giving option/configuration on how to slice the order.

I know you have the i3 platform and all, but i need a simple tool that will allow me to fill the orders especially in stock(nifty ) futures.

I know you will come up the excuses on this zerodha, so please at the very least try to provide a tool after getting necessary approvals.

This tool is very much required to reduce the risk during volatile periods and to get a complete fill in general.

This would be in the best interest to retail traders and a broker like you and lastly bracket orders.

So if you can achieve the slicing orders and bracket orders features in the next one year, i think you will win the broker of the year award, and a more stable trading terminal would help.
 
This is good news, but for some reason currency futures hasn't picked up in india well enough.

The liquidity is there, but no moves at all in entire year. compare this to spot forex and you will see huge swings through out the year.

It just simply doesn't move as good as stocks and commodities, hopefully extending it 9 or even midnight will bring in the traders from US markets and give some good swings.
 
This is good news, but for some reason currency futures hasn't picked up in india well enough.

The liquidity is there, but no moves at all in entire year. compare this to spot forex and you will see huge swings through out the year.

It just simply doesn't move as good as stocks and commodities, hopefully extending it 9 or even midnight will bring in the traders from US markets and give some good swings.
Why dont we have longer trading hours in the NSE and NFO segments?
 
Why dont we have longer trading hours in the NSE and NFO segments?
because then indian institutional traders will have to sit 12 hours to trade lining up with US markets and i don't think they are ready for that yet.

It will be stressful for scalpers and intraday instituions to trade 12 hours instead of 6 hrs.

Emini also runs 24 hours , but US traders don't trade past their regular working hours, so not much benefit.
 

augubhai

Well-Known Member
Done or planning to do, I guess?

Guys,

MCX had reduced their transaction charges by Rs. 40 starting Feb 26, 2014.

Effectively our transaction charges for MCX had dropped from Rs. 400 to Rs. 360 per crore since that day.

Make sure you check with your broker that transaction cost was reduced on Feb 26 by Rs 40. We had several clients ask us why rates were dropped and whether it was a mistake.

Circular: http://www.mcxindia.com//Uploads/ExchangeCircular/2014/February/English/Circular053Feb2014.zip
 

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