Zerodha....

[Zerodha]

A step forward for Omnesys, even though still lacking a whole lot of things. They haven't even provided a help file for this. This API does not interact with Amibroker so how will Amibroker know whether order has been executed or not so that it could be modified or cancelled or whatever? Omnesys are you listening? Also Omnesys, please let us know how fast do the orders get picked up by Nest Plus? (in milliseconds please!) .. refresh rate for the signal monitor?.

Give it a few more days, the help file is on the way.. Will give your feedback to the team and try to post it here..

 

[jyotixxx]

Hi zeodha,

writing after a long time.

please see the screenshot of icicidirect..

The advantage of this option strategy (nifty bearish strategy) is that spread Margin required is 1/3 rd of total actual required margins. As it maximum loss is approx 1500/- , so it will never get squared off due to shortage of M2M.
Now I can place 10 strategies from 1 lk. Same is for any share!!
only problems are very high brokerages.

Do u have any plan of such M2M spread benefits to options???....or already it has been implemented?
plz reply

thanx

IF U CANNOT READ SCREENSHOT PLZ DOWNLOAD THE BELOW ATTACHMENT

We give you the same spread benefits that you would get from icicidirect...

Also, as I had told you earlier we will be releasing a margin calculator on Zerodha Trader with our equity launch which will tell you the exact benefit before taking a position...

Hi Sachin/Zerodha,

Really confused between your answer and the real thing that is happening. I think I deserve a quick answer.

My today's trades in Zerodha is as under:

NF August 2 lots long order exexuted in parts: 50 @ 5217.55
50 @ 5217.80

Nifty5100 Put 2 lots long (For hedging) exec [email protected]

All orders placed as Normal orders and market
I had a balance of 36000 total cash before placing orders.

I was planning to carry these orders overnight and hence hedged. Now when I come back after closing hrs when I opened positions YOU SQARED OFF one lot NF. How can I be out of margin if you are giving spread advantages like ICICI Direct, where I only need 10-11k to continue a hedged position.
In this case my max possible cumulative loss is approx 16,200/ which is less than half of the total available margin!!!! How can you square that off?????

In case of ICICDirect ( I agree they rob you on brokerages) they count all your trades for margin calculation !!! And you said in your above quoted answer you also give same type of margin advantages!!

Please clarify this

 

[comm4300]

@jyotixxx
I guess today's margin requirement were full due to RBI policy announcement. [received an sms from zerodha]

 

[jyotixxx]

@jyotixxx
I guess today's margin requirement were full due to RBI policy announcement. [received an sms from zerodha]

That should be for non hedged position, when you hedge and u have much more margin than max MTM loss that shouldn't be applicable. Unfortunately I didn't receive the sms, and anyway I was sure about this from Zerodha's reply as quoted. Because in ICICIDIRECT your all spread/ hedged positions have fixed margin requirement.Also margin required is shown next to your open position.
I am working and due to nature of my job I cannot say which part of the day I can see my positions. So problem is there. I just want zeodha to better in other aspects also. I never count icicidirect as a good broker but Zerodha had to be better.

Thanks

 

[fxgood]

What is recommended charting platform for Zerodha users, my suggestion is they can have some tie up and offer them as their suggested solution

 

[Shailu]

kindly tell me the margin of 1 lot of silver and 1 lot of silverm(minisilver) as well as 1 lot of zinc and 1 lot of minizinc. and in intraday with 1 lot of margin of silver how many lot we can trade.

 

[newbie12345]

Heard Zerodha Trader will have the NEST Amibroker plugin and orders can be placed from Amibroker.

Do any of you guys have DeMarks Trendline Trader AFL for Amibroker?

 

[soft_trader]

Again another Tuesday came and gone. Zerodha silent.... No hopes of NSE on NEST ............. :annoyed:

 

[DataRam]

Heard Zerodha Trader will have the NEST Amibroker plugin and orders can be placed from Amibroker.

Do any of you guys have DeMarks Trendline Trader AFL for Amibroker?

Hey Buddy ..

This is it ...


http://www.4shared.com/zip/6H2TGeLV/Tom_DeMark_Trend_Lines.html

:thumb:

 

[Zerodha]

Hi Sachin/Zerodha,

Really confused between your answer and the real thing that is happening. I think I deserve a quick answer.

My today's trades in Zerodha is as under:

NF August 2 lots long order exexuted in parts: 50 @ 5217.55
50 @ 5217.80

Nifty5100 Put 2 lots long (For hedging) exec [email protected]

All orders placed as Normal orders and market
I had a balance of 36000 total cash before placing orders.

I was planning to carry these orders overnight and hence hedged. Now when I come back after closing hrs when I opened positions YOU SQARED OFF one lot NF. How can I be out of margin if you are giving spread advantages like ICICI Direct, where I only need 10-11k to continue a hedged position.
In this case my max possible cumulative loss is approx 16,200/ which is less than half of the total available margin!!!! How can you square that off?????

In case of ICICDirect ( I agree they rob you on brokerages) they count all your trades for margin calculation !!! And you said in your above quoted answer you also give same type of margin advantages!!

Please clarify this

Jyoti..

The Margin benefit we give is in exact lines of what is given by the exchange. Margin requirement rules on NOW by default is set by the exchange itself.

Biggest margin benefits are for calendar spreads and even for this the margin required is higher than what you have mentioned for an overnight basis. Long future this month and short next month, margin required is still around 24k( around 12k per position)...

If you have bought futures and long puts, it might seem to you that your position is completely hedged, but the margin benefit given by the exchange is not much..

Today if you bought futures and 5200 puts at around Rs 75, instead of paying 25k + 4k , you will pay around 23k, a margin benefit of around Rs 6 k thats it..

You should double check this with icici also, I am sure they will not be able to do it at the margins you have mentioned..