Zerodha Part 2

[pravkshp]

@Columbus, Trading volumes in BSE are very less compared to NSE, which enjoys a near monopoly. MCX with the help of Financial Technologies looks like a worthy challenger to the hegemony of NSE-Omnesys. Hope this competition brings some real benefits to the ordinary investor/trader like you and me.

 

[sharatlic]

Dear Zerodha,

i am getting wrong (last traded time) in my terminal please help , attaching the screen shot

 

[hibhai]

Sorry for missing your posts, We are having NSE yearly inspection in our office for the last 1 week, held up with that..

give us a few more days on the mobile, we are working with the tech team to fix all the things you have pointed out to.. Most of the issues that you have pointed out to should be sorted..

Bracket order without i3 seems like a tough one.. we are still yet to get revert from NSE on how they have left sharekhan give it on equity segment.. But bracket according to NSE regulations are algo's..

Hence can you clarify on the below points please..

1. I cannot see any regulation anywhere which say that Mobile trading session need to time out in 15 mins. If you have any circular from SEBI/NSE can you please share it with us. Please clarify...

2. When will all the issues with Mobile trading be resolved? Will you let us know when this is done? Because then I will want to switch back to NEST from NOW

3. When is I3 expected to be launched?

4. Also just keen to know what will be the transaction charges on MCX-SX in the F&O segment?

 

[amanfree]

what is the way to transfer money from nse to mcx account directly. is there any link in backoffice???

 

[register1803]

dear zerodha could you please tell me what is the margin reqd in currency to take MIS & CNC position

 

[raj_singh]

Hence can you clarify on the below points please..

1. I cannot see any regulation anywhere which say that Mobile trading session need to time out in 15 mins. If you have any circular from SEBI/NSE can you please share it with us. Please clarify...

2. When will all the issues with Mobile trading be resolved? Will you let us know when this is done? Because then I will want to switch back to NEST from NOW

3. When is I3 expected to be launched?

4. Also just keen to know what will be the transaction charges on MCX-SX in the F&O segment?

brother what is I3 ??

 

[hibhai]

brother what is I3 ??

It's a tool to place various conditional and and automated trades through nest.

 

[Zerodha]

no photo needed for mcx-sx activation ?.....and someone phoned me from zerodha to fill up KYC form...but there seems to be KYC form in first page of MCX-SX activation form..is it sufficient ..

Yes what is on that activation form is sufficient..

 

[Zerodha]

What is the real objective of starting another exchange ,when already 2 exchanges are there with similar objectives? Any further expansions .....?

Going by what these guys have told, if they can develop trading of debt markets in India which is still in a nascent stage, will be very good..

Other than that, will give arbitrageurs a decent opportunity..

India still has the least number of people who have interest in the market, tier 2, tier 3 cities hardly contribute.. MCX-SX is saying that they will try to develop markets there, which is good for everyone generally..

Until all of the above happens, interesting thing for the trader to note is that all settlement of futures and options on MCX-SX will be according to NSE Settlement price, atleast for now.. So we might all get a few arbitrage opportunities..

 

[Zerodha]

Hi Hibhai,

1. I cannot see any regulation anywhere which say that Mobile trading session need to time out in 15 mins. If you have any circular from SEBI/NSE can you please share it with us. Please clarify...

Will get you this detail..

2. When will all the issues with Mobile trading be resolved? Will you let us know when this is done? Because then I will want to switch back to NEST from NOW
Will let you know, Hari from our team is sitting with the tech team to fix all the issues..

3. When is I3 expected to be launched?
We have already launched, a bunch of boys are testing out and ironing out any initial issues.. We will put a blog up on this by the weekend..

4. Also just keen to know what will be the transaction charges on MCX-SX in the F&O segment?
We will update this also by the weekend..