yesterday i have first traded in zerodha along with my sharekhan in commodity to see how it works,
but i am stunned to see in my contract note that i have traded with 2 lots of copper mini, whereas i have traded with only 1 lot of copper mini,
that also only 2 trades , whereas in contract note it is 8 trades.
i do not understand the discrepancies.
called them, but told to mail them, which is already been done.
waiting for their reply.
also as the trade quantity is big as per contract note( which is actually very less) so the Stump duty also got increased.
any one faced the similar kind of trouble before..
one thing more..i covered all trade , but as per contract note i am long with 2 lots of copper mini
do not know what should i do..
waiting for reply
Hi Dr,
Someone must have already spoken to you about this:
1. The reason a lot was showing open today morning was because, you had bought 1 lot as MIS and Sold as NRML yesterday. What happens is all MIS positions get squared off at 11.05pm. The NRML positions remain open.
MIS is used for only intraday positions(with extra leverage). Ensure that if you have bought as MIS, you also sell it as MIS. If you have bought as NRML, sell it a NRML.
Go to CTRL+ P and set the default product type as MIS, if you trade intraday and NRML if you trade overnight.. The position can be converted anytime by going to Trade book and clicking on position conversion.
2. Contract note is showing a few extra trades. If you check it out, it is the same trade showing twice. This is an error from our side and we will send you new contract notes in the next couple of hours.
If you look at the ledger, you will see that the posting is absolutely right, but on the contract note same trades have shown twice.
The reason for the error was because we had not been charging any call n trade for commodity trading till date. We started yesterday and our programming of contract note for commodity was affected. Thanks for pointing it out...
Cheers..