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2021

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We can't open 2 trading accounts for the same person, the regulations in India don't let us do it... You can open the other account in your family's name if the idea is to do what you have mentioned...

SBI linking hopefully should happen really fast... MFSS probably atleast a month....
Thanks for the reply. Will there be any family consession? :D I read recently you incresed a/c opening charges. So how much now will be charged. Does affiliation work in family member a/c?

Also if I use another a/c which is charging 0.15 delivery and link with zerodha's ilfs dp, will I be able to sell shares from zerodha?
 

Zerodha

Well-Known Member
Is there any provision for sticker news pertaining to Business,Political ,....,
other miscellaneous news in ZERODHA?.If YES, how to run it?
The news facility is still not available, we have put a request for a bloomberg news ticker on NOW. Bloomberg and reuters are the best newswires available... This might be available for everyone in a few days from now, it will be free for a couple of months, but this will become a paid service later....


Cheers...
 

Zerodha

Well-Known Member
Thanks for the reply. Will there be any family consession? :D I read recently you incresed a/c opening charges. So how much now will be charged. Does affiliation work in family member a/c?

Also if I use another a/c which is charging 0.15 delivery and link with zerodha's ilfs dp, will I be able to sell shares from zerodha?
:) ... We are all a Zerodha family now, so yes concession of Rs 100 if you print the forms .... ;) ....

You can refer your family and get the benefit of the associate program...

We haven't increased a/c opening charges... 6 months amc is charged upfront rather than at the end of the 6 months...

Here is the concept:

If you have a demat account somewhere else and you want to sell shares in that demat through us, your other demat won't let us debit the shares when you sell them...

But what you can do is, transfer the shares to your ILFS demat and then sell it...

Cheers...
 

absolute.zero

Well-Known Member
Quote:
Originally Posted by absolute.zero
Hi Zerodha

Presently, I am making transactions through ICICI Bank. As Zerodha is still not tied up with ICICI Bank, and thus for ease of transactions I have opened an account with HDFC also. Please let me know how to update and link my new HDFC bank account with my trading account.

Send us an email of the scanned cheque leaf with a request to make your primary bank account as your hdfc bank account...
Sent an email with scanned cheque leaf. Please do the needful at the earliest.
 

Zerodha

Well-Known Member
Quote:
Originally Posted by absolute.zero
Hi Zerodha

Presently, I am making transactions through ICICI Bank. As Zerodha is still not tied up with ICICI Bank, and thus for ease of transactions I have opened an account with HDFC also. Please let me know how to update and link my new HDFC bank account with my trading account.



Sent an email with scanned cheque leaf. Please do the needful at the earliest.
Will be done by end of the day...
 

absolute.zero

Well-Known Member
Hi Zerodha

Few simple queries......I am sure you answered them in previous threads, but once again, please !

Assume Current month Nifty Futures are trading at 5600.

1. How much amount is required to trade one lot of Nifty future intra day?

2. I read it earlier, that answer to query above is Rs 11000 approximate. Is that true?

3. It means, if I have funds of Rs 55000 in my trading account, I may trade 5 lots of Nifty Futures intra day ?

4. How much amount is required to carry one lot of Nifty future overnight? Is that Rs 22000 approximate ?

5. Suppose, with Rs 55000 in trading account, I am having 5 lots of Nifty Futures by 3 PM. Then, I square up 3 lots and I wish to carry 2 lots overnight. Will something require to do so, or the 2 lots will automatically be carried over?

6. As said above, suppose, I carry over 2 lots of Nifty Futures overnight, and by 9:20 AM next day, I square off them, and I again wish to buy 3 more lots making it to a total of 5 lots. In this case, will the margin blocked for carrying over 2 lots overnight be released immediately? Do I need to first square off overnight position to buy 3 more lots next day, or I may buy 3 lots without squaring off overnight positions.

Please provide step by step answer so as to enable me to finalize some strategy.
 
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