Zerodha,
I have noticed that you have started auto-square offs for futures at 3pm when earlier it was 3.10pm. Yesterday, my position was auto-squared just after 3pm. If I had been allowed to trade till 3.10pm, profit could have been Rs.20,000 more. I agree that you provide low brokerage and good customer service, but you are shooting yourself in the foot by not allowing traders to take advantage of at least some portion of the last 30mins of trade.
I have a feeling the reason you have changed auto-square off time is because you are receiving more trading volumes and hence you need more time. If this is the case, as trading volumes increase, are you going to keep decreasing auto-square off time? In future, are we going to see auto-square offs changed to 2.50pm or 2.40pm...because if it is then please let me know now so that I can start looking for another broker. The amount that I am saving with you can easily be recovered with some of the other low-cost brokers that have begun operations.
Thanks.
Amit