Zerodha - Number One Discount Broker in India

[Zerodha]

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.

What is the point of keeping the markets open after 5, we anyways won't get to trade any currency pairs other than the Rupee pairs. We have been asking for it, but the real action in currency markets will start when we start getting to trade all the other currency pairs, like the EURUSD, USDJPY etc.

But if it is only Rs, the boys from SBI, RBI etc go home by 5, , so don't see if any action will happen after that..

 

[Zerodha]

Done or planning to do, I guess?

Not done yet, next week onwards.

 

[throwawayacc123]

What is the point of keeping the markets open after 5, we anyways won't get to trade any currency pairs other than the Rupee pairs. We have been asking for it, but the real action in currency markets will start when we start getting to trade all the other currency pairs, like the EURUSD, USDJPY etc.

But if it is only Rs, the boys from SBI, RBI etc go home by 5, , so don't see if any action will happen after that..

if the big boys are really interested and i know they are because FOREX markets are bigger than any futures/stock market , so i m really surprised that institutions have not put pressure to get this done.

What i think is that govt and RBI fear than there will huge selling in INR if they allow people to trade in other currencies and as a result will have huge economic and political impact.

INR is not exactly in much demand...

 

[bpr]

What is the point of keeping the markets open after 5, we anyways won't get to trade any currency pairs other than the Rupee pairs. We have been asking for it, but the real action in currency markets will start when we start getting to trade all the other currency pairs, like the EURUSD, USDJPY etc.

But if it is only Rs, the boys from SBI, RBI etc go home by 5, , so don't see if any action will happen after that..

why they are not creating virtual instrument for EURUSD where the underlying will still be USDINR and EURINR pairs
Similarly for USDJPY the underlying will be USDINR and JPYINR...

Buying 1 unit of EURUSD will internally buy 1 unit of EURINR and sell 1 unit of USDINR and vice versa

This will be win win.
Implementing this should not be that difficult.
Please enlighten me if I am missing anything.

 

[arcus]

Even if we have currency trading for 24 hours, it won't make much difference. As such, currencies dont move much. In the whole year, major currencies move like 10-12% up or down unlike stock indices which move 25-30%

The only exception is USD/JPY. That thing moves like crazy and that pair is a traders paradise

 

[comm4300]

why they are not creating virtual instrument for EURUSD where the underlying will still be USDINR and EURINR pairs
Similarly for USDJPY the underlying will be USDINR and JPYINR...

Buying 1 unit of EURUSD will internally buy 1 unit of EURINR and sell 1 unit of USDINR and vice versa

This will be win win.
Implementing this should not be that difficult.
Please enlighten me if I am missing anything.

very good suggestion. :thumb:

 

[columbus]

The complete migration will happen in the next 2 weeks, we are adding a bunch of very interesting reports. Do send your suggestions to [email protected] and [email protected], if you have any suggestions.

1.Please re-install PRICE LADDER.

2.Start you own DEMAT services.

3.Increase the number of scrips in Market Watch.

4.Last week ,I had to RECONCILE atleast 50 times.It seems your servers were
unable to take the LOAD.May be they seem to be OLD.Add some powerful new
servers to increase your strength ,to serve us better.

 

[Vertigo_1985]

nest down ?????

 

[nithxp]

nest down ?????

There was frequent disconn's n reconn's...And it was down too... i had to restart the ZT

 

[LivetoTrade]

lol, do you expect a reply?

please check your ISP