Zerodha....

[Zerodha]

One question :
what is the Intraday Exposure zerodha provides ?

is Intraday Exposure 10 times against margin i.e cash in account ?

i.e if i have 6000 in account for intra day my order of 60000 can be executed...

Just to be sure asked as i couldn't find Intraday Exposure anywhere on your site

Hi,

We give 10 times exposure for all the 240 odd f&o stocks and 5 times for all the remaining stocks.

 

[Zerodha]

How to calculate margin required for selling options?
Will it be different for near month and far month?

Hi ,

Yes margin required will vary based on time left for expiry... if you can visit our facebook page and go to the discussion section, you can check the margin requirement for writing options, to give u an idea... The following were the margins on 24th march:
For 24th March: There could be a small variance based on the volatility, but this should give everyone an idea.

For intraday:


NIFTY11MAR5100PE 6676.88
NIFTY11MAR5200PE 6862.46
NIFTY11MAR5300PE 7230.37
NIFTY11MAR5400PE 7830.92
NIFTY11MAR5500PE 9090.95
NIFTY11MAR5600PE 10950.38
NIFTY11MAR5700PE 13051.55
NIFTY11MAR5700CE 6633.11
NIFTY11MAR5600CE 6846.72
NIFTY11MAR5500CE 7432.22
NIFTY11MAR5400CE 8514.02
NIFTY11MAR5300CE 10470.91
NIFTY11MAR5200CE 12490.92

For Overnight:


NIFTY11MAR5100PE 16709.75
NIFTY11MAR5200PE 17172.42
NIFTY11MAR5300PE 18090.4
NIFTY11MAR5400PE 19589.08
NIFTY11MAR5500PE 22735.85
NIFTY11MAR5600PE 27381.88
NIFTY11MAR5700PE 32628.05
NIFTY11MAR5700CE 16601.83
NIFTY11MAR5600CE 17137.72
NIFTY11MAR5500CE 18604.92
NIFTY11MAR5400CE 21313.55
NIFTY11MAR5300CE 26208.7
NIFTY11MAR5200CE 31259.62

 

[Zerodha]

Hi Sachin,
Is it possible to place After market orders from NOW Express.
If an AMO is placed,is it valid only for the next trading day ,since there is no Trade till cancelled order in Indian markets??So we place a fresh amo again at the EOD.

Yes, the AMO is valid only till the end of the next day... you will have to place it afresh next day after market closes.... AMO is allowed only in equity only... A lot of RM's might claim that their broker let's you do AMO in f&O also... But they are wrong.... It is not allowed by the exchange...

If you check your AMO in f&O , if any other broker has let you do... you will see that the order placing time will show 10 mins after opening.... Cheers...

 

[columbus]

NIFTY11MAR5100PE 6676.88

Why NIFTY11MAR5100PE in place of NIFTY31MAR5100PE?Anyway ,now it hardly matters.

 

[Zerodha]

Why NIFTY11MAR5100PE in place of NIFTY31MAR5100PE?Anyway ,now it hardly matters.

Nifty11 as in Nifty 2011 ... should have been Nifty 31mar11 , when you export to excel from your trade book, the expiry month comes in a different column...

 

[liveb4udie]

Yeah u correct .....he was trying say save me from
others blood drunker broker......

You are Right!!!:clapping:
But Sorry for that Bold n Bright Color used!!

 

[saif_shakeel]

Hi Sachin,
Relating to charges other than the brokerage ,what would be the breakdown that zerodha charges under various headings:

STT
Sebi charges
Trans Charges

There are other charges likes cess,stamp but usually the above 3 would be of a higher value.
Which of these charges (like sebi,stt) would not vary between brokers (say zerodha and idirect) and which do.(Will it be transaction ?).

 

[rajgreenpeace]

Dear,Sachin can we have daily n overnight margin calculator in our trading software.....where we can calculate nifty n others stocks

 

[Zerodha]

Hi Sachin,
Relating to charges other than the brokerage ,what would be the breakdown that zerodha charges under various headings:

STT
Sebi charges
Trans Charges

There are other charges likes cess,stamp but usually the above 3 would be of a higher value.
Which of these charges (like sebi,stt) would not vary between brokers (say zerodha and idirect) and which do.(Will it be transaction ?).

STT and SEBI would be the same... Stamp duty, we are presently charging according to Karnataka Stamp duty act, max of Rs 50 per day(0.01% upto Rs 50)...
Transaction charges (includes NSE charges and clearing charges) is what varies between brokers... This varies from Rs 280/crore(0.0028%) to Rs 700/crore(0.007%) based on where you are trading... With icici is lowest because they have the highest volumes and also clear their own trades(0.0028%) and with Zerodha it is 0.0054%...

Cheers...

 

[Zerodha]

Dear,Sachin can we have daily n overnight margin calculator in our trading software.....where we can calculate nifty n others stocks

Hi Raj,

Margin calculator can't be unfortunately incorporated on the software... We are trying to find a workaround for this where we can help calculate the margins... Any kind of inputs will be helpful...

Cheers...