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amit_15

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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
 
Hi Zerodha,

In the market watch list there is a tab called NEWS is there any plan to start this service it will be good to see all the market news on the trading screen that too most of the time helps a lot.


Thanks.
 

Zerodha

Well-Known Member
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
Hi Amit, Futures inherently are leveraged products and when we give leverage on this product we need to make sure everything is in place... The time was brought down once we were informed about the new SEBI rule on short margin on derivatives position... This has nothing to do with volumes going up.... SEBI has become very strict on penalty because of margin being short on f&o positions...Don't worry about the time bit, it won't go any lower.... This 10 mins was done in the best interest of all the people involved...When we give leverage longer, you need to understand this in turn helps us up our turnover, so if we as broker are compromising on our turnover hopefully you will understand why.....

Happy diwali
 
Hi Zerodha,

In the market watch list there is a tab called NEWS is there any plan to start this service it will be good to see all the market news on the trading screen that too most of the time helps a lot.

Thanks.

I called Zerodha and got my news thing enabled a while ago: Feedback is not so good. :( No wonder Zerodha was not too keen on activating it for me.

Firstly, the news that is covered there is from newswire, so it's just pulling data from elsewhere and giving it to you.
Secondly, the interface is not very exciting as a trader/user. It seems too cumbersome to check out the news.
Finally, it makes NOW slower if you view news there. That was the deal breaker for me!

I decided to view news accessing a regular news portal and keep NOW only for trading.
 

gunavadhi

Well-Known Member
i think Zerodha have a list of user ids here for which he need not reply whatsoever the doubt maybe and i am one in the list.
 

Zerodha

Well-Known Member
i think Zerodha have a list of user ids here for which he need not reply whatsoever the doubt maybe and i am one in the list.
Come on!! I thought someone answered your query and hence left it.... How would I know which user id I should be answering and which I should not..... Happy diwali
 
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