Zerodha....

[Zerodha]

Why the calculator and the original Contract (EOD note) differ?

I understand that there are two Sets. a and B in calculator My plan is under fixed Rs 20 brokerage Option and calculated accordingly.

Why is it so?

2) Lets say we buy/sell one lot of NF. I understand that we buy/sell under "Product type " NRML." and validity "Day". Assuming that funds are enough in ledger book, Do we need to do anything before market closes on the day for carrying the same lot overnight?
If so How?

Please explain

The only difference between the calculator and the actual contract note is not the STT , it is the stamp duty... Stamp duty with us is a max of Rs 50 per day and the same has been noted on the brokerage calculator...

When you buy f&o you are trading under NRML.... As long as you have funds required to hold for the position, you can continue holding... You don't have to do anything in particular...

So for eg, if you buy 3 lots with 50k on nifty futures.. YOu can hold only 2 overnight... So you need to square off 1 before 3pm otherwise our RMS team squares off between 3 to 3.30....

Hopefully this clarifies...

 

[columbus]

#zerodha,

Nobody is interested in cummulative volumes ONLY ,in your charts.
Regarding price charts, see that only 2% percent is left on Top and
2% percent is left on bottom side.At present 1/3 part is left on top ,
another 1/3 is left on bottom and 1/3 is kept for the actual chart.
I think this is ridiculous.

 

[respectinvestor]

Who do you think you are to call anyone an idiot or trash?
The forum has standards of etiquette which everyone is expected to follow and abusing people is not tolerated.
Differences of opinion will happen, if you do not agree with any particular post then don't read it.

@Taurus1

Thanks a lot...at least there is someone who can tell things straight...at the same time I reckon You go through my posts...of course not whats at Zerodha...My posts in some other forums include my view on
1.)Nifty
2)DLF
3.)M&M
4)Reliance

You are a serious trader so you can make out what I have written..all of these are before the events.. Most probably you will get an idea about me...then if you have time go through whatever I have written at Zerodha....I talk straight...at the same time I do not find any reason as to why this forum should be subjected to some avoidable debates adding in no way to the basic issue at hand so I do not mind a new comer showing his skills by being rude...I know he will understand every thing after a year of trading...and I wanted to lessen his learning curve...Time is the biggest teacher....I have seen some of your posts..and you make sense...good going.



Regards and Happy Trading:thumb:

 

[Trader J]

Hi J,

Most of the brokers today don't like to do clearing inhouse...Clearing is the process where for eg in derivatives, money is credited/debited from the right accounts and matches with the f&o position credits/debits. ILFS does it for us, indiabulls, w2wealth, karvy etc... The other big clearing member is edelweiss which does it for angel, indiainfo and other big ones...
The reason we have gone ahead with ILFS is because they are the only pure clearing member(they have sold the trading business to HSBC) and hence no conflict of interest. When a clearing member decides to clear the trades, he also guarantees the exchange for every position of the trading member would be honored... Hence this rate varies for brokers who are new to already existing brokers....
There are also big brokers like, religare, reliance money and etc.. who though are clearing members, the clearing members are subsidary companies...These guys end up charging transaction fees like Rs 600 for futures, but what they basically do is move money from one entity to the other....

I would be probably crucified by other brokers for sharing things like these in public domain.... ...

Dear ZERODHA,

Thanks for your very low brokerage structure, but due to transaction charges, your low brokerage effect reduce, and me and more not benefited in Future trading. (I would say that before we dont care taxes and charges , but now due to zero brokerage (like zerodha) we feel that charges are huge).

Please advice me that I would like to raise this issue of transaction charges with authority like NSE and SEBI for uniform and reasonable transaction charges. Please let me know that is it possible or any chances that our application will be consider, I mean there is any guideline from NSE or SEBI for transaction charges as you told big brokers charges up to Rs 600 per Crore for Future trading. Thanks in advance.

 

[Taurus1]

I talk straight...at the same time I do not find any reason as to why this forum should be subjected to some avoidable debates adding in no way to the basic issue at hand so I do not mind a new comer showing his skills by being rude...

Newcomer or oldcomer, all have to folllow the rules. Differences of opinion will happen, we have to deal with it whether we like it or not.

 

[newbie12345]

Humble request to all boarders - Can we please stop feeding the troll? He/She is probably paid to derail a perfect thread, contradict his/her own statements, make ad-hominem attacks on people apart from going on different tangents and completely deny it in his/her next post. If they have a serious issue with Zerodha, let them start a new thread where they can be dealt with.
Request all web trolls, internet tough guys who want to vilify Zerodha and diss their existing clients for being lambs led to the slaughter, please start your own thread so that Traderji, Zerodha and their "EXISTING" clients can answer most of your ridiculous claims.
Making ridiculous allegations and claims on the web under some anonymous name doesn't leave you free from libel. As for twisting screen names of random folks for your own mirth, I hope rectalinspector appeals to your great sense of humor
This post might attract a warning but request Admins to let it stay for the wannabe Buffet to admire.

Thank you.

 

[Newbie Day-Trader]

Humble request to all boarders - Can we please stop feeding the troll? He/She is probably paid to derail a perfect thread, contradict his/her own statements, make ad-hominem attacks on people apart from going on different tangents and completely deny it in his/her next post. If they have a serious issue with Zerodha, let them start a new thread where they can be dealt with.
Request all web trolls, internet tough guys who want to vilify Zerodha and diss their existing clients for being lambs led to the slaughter, please start your own thread so that Traderji, Zerodha and their "EXISTING" clients can answer most of your ridiculous claims.
Making ridiculous allegations and claims on the web under some anonymous name doesn't leave you free from libel. As for twisting screen names of random folks for your own mirth, I hope rectalinspector appeals to your great sense of humor
This post might attract a warning but request Admins to let it stay for the wannabe Buffet to admire.

Thank you.

EPIC :clapping::rofl:

I'd thought of something on similar lines but looking at the nature of the forum, I kept things at "idiot", "moron", etc but kudos to you *bows down* :lol:

And I find it really appalling that we're supposed to anticipate warnings & yellow-cards for speaking against this menace but after posting so much tripe for 30-odd pages, this guy has been allowed to run rampant even though many many people in this thread have already vouched for his misdemeanor through their posts & by giving Thank Yous to those who've opposed him

 

[sudris]

Zerodha and other near and dear members, please have a look at this thread.
I'll post the utility soon. But before that I request you to let me know if you would be interested in using this utility "NOWRT2AB" (which feeds real time data from NOW to Amibroker) by voting in the poll in the given link.

 

[BUZZ]

STT not included??? which brokerage calculator are you looking at??? Is the one on the main webpage??? www.zerodha.com??? , I think all the figures are right, can you double check???

I dont know. It might be some other error. One of your well wisher mentioned that it might be STT that might not included in calculator.

Believe me the total amount differ in calculator and contract note. No matter whatever plan you have.

Pay people to answer?? Come on buzz!!!

Not surprised, if you have referral service then why you are so surprised with this?

 

[murthyavr]

Looks like a time has come when one has to think twice before helping out someone.

A very sad state of affairs.. against the spirit of forums.

The lack of trust makes one look at the other person doubtfully. But one has to
remember that there are several selfless people who are willing to help. A casual
look at TJ will show innumerable instances of people handing over the AFLs from
their library, writing AFLs for others, trouble-shooting other members' problems etc.

The spirit of sharing is unique. Questioning it is a sufficient cause for worry.