Zerodha - Number One Discount Broker in India

[doshiv]

You have double debited demat transaction charges on 13-9-2013 for one & the same share sold in NSE & BSE. Though I have sold in different exchanges , there should be only one debit transaction charge from DP. Is it Zerodha's personal rule ? else please provide me the proof / letter from DP. Is it charged differently with other brokers ?

 

[columbus]

Even after a series ,xx50 (in options) are not attracting ,huge volumes ,I think it is better
to discontinue.A suggestions to Exchanges and fellow boarders ,of course not to Zerodha.

 

[timepass]

Even after a series ,xx50 (in options) are not attracting ,huge volumes ,I think it is better
to discontinue.A suggestions to Exchanges and fellow boarders ,of course not to Zerodha.

Maybe those options are used by the operators during the expiry week for money doubling, when the movement of 20-30 points can make a big difference.

 

[columbus]

Maybe those options are used by the operators during the expiry week for money doubling, when the movement of 20-30 points can make a big difference.

Yes I think so.Last series , I could not study options in great detail during EXPIRY week.But
I observed the volumes through out the series were POOR.

 

[Zerodha]

Does that mean one can start challenge on 30 dec and will be evaluated for next 60 days ? or deadline for evaluation is 31 dec only?

you can start on 30th dec and will be evaluated for the next 60 days.

 

[Zerodha]

Hi Sachin
Can we do the same in NSE NOW also?
I tried but evertime I run NSE NOW after the change, it restores the file to its original data.
Can we open multiple Market Depth/Snap Quotes in NSE NOW also (would prefer the smaller Market Depth compared to Snap Quotes)

I don't think u can..

 

[Zerodha]

You have double debited demat transaction charges on 13-9-2013 for one & the same share sold in NSE & BSE. Though I have sold in different exchanges , there should be only one debit transaction charge from DP. Is it Zerodha's personal rule ? else please provide me the proof / letter from DP. Is it charged differently with other brokers ?

Will have this checked tomm..

 

[Zerodha]

Even after a series ,xx50 (in options) are not attracting ,huge volumes ,I think it is better
to discontinue.A suggestions to Exchanges and fellow boarders ,of course not to Zerodha.

About mini nifty, the guideline from SEBI to the exchanges was to allow f&o contracts which are atleast around 2lks in contract size, mini nifty was only around a lk and hence SEBI told exchange to take this off..

The logic behind this was, SEBI said that this will attract people who have no idea of markets to come trade the markets.. Investor protection is what they called the move..

About introducing strikes at interval of 50, we as Zerodha had protested to this and as we had thought, the liquidity is getting distributed with the new strikes rather than bringing new volumes which is bad for the market..

But in the longer term it might turn out to be a good move because the arbitrageurs especially the put call parity traders, might bring in liquidity with extra strikes..

 

[tradetolearn]

For NSE, backoffice will still show 15% more than what is shown on terminal, as I said on terminal we reduce a bit to make sure clients who are on border line get to trade and their orders not rejected.

For MCX, I guess it will be from Wed when it will show same on both BO and Platform

Hi zerodha,
The back office file shows less margin then the terminal at present.
U r telling me the opposite.
Which one is correct,
The back office or the terminal?

 

[columbus]

About mini nifty, the guideline from SEBI to the exchanges was to allow f&o contracts which are atleast around 2lks in contract size, mini nifty was only around a lk and hence SEBI told exchange to take this off..

The logic behind this was, SEBI said that this will attract people who have no idea of markets to come trade the markets.. Investor protection is what they called the move..

About introducing strikes at interval of 50, we as Zerodha had protested to this and as we had thought, the liquidity is getting distributed with the new strikes rather than bringing new volumes which is bad for the market..

But in the longer term it might turn out to be a good move because the arbitrageurs especially the put call parity traders, might bring in liquidity with extra strikes..

Yes , i agree with you ,that MINIFTY contact attracts low contract size PLUS low volumes.
But it is good starting point for small retailer investor, because ,in PAPER trading you
will miss EMOTIONS ,start trading in NIFTY is too much for a beginer.
If you ask me (for discussion sake) to choose from MINIFTY of futures and XX50 of options ,then I prefer Minifty.

As rightly pointed out by TP ,perhaps XX50 will help before EXPIRY since 20-30 points
variation is big at that time PLUS the put call parity traders, might bring in liquidity with extra strikes.