Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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Hi Murthy,
We have a solution for this, unfortunately exchange doesn't want us to share with the clients...
Exchange charges a vendor who provides live data around 50lks a year plus 300 for every user... A lot of money that exchange makes out of this... If we provide the solution we have, you know whom we will have on our ass...
... That said, once commodities is thru, for us the next biggest endeavor is to provide an international quality trading platform, on the lines of IB... A long shot, but we are trying our best, Nithin has been in Singapore for the last few days trying to figure out brokers who are having an existing technology already who want to partner us in India.... Don't have any timelines on this, but we will post it when confirmed...
We have a solution for this, unfortunately exchange doesn't want us to share with the clients...
Exchange charges a vendor who provides live data around 50lks a year plus 300 for every user... A lot of money that exchange makes out of this... If we provide the solution we have, you know whom we will have on our ass...
... That said, once commodities is thru, for us the next biggest endeavor is to provide an international quality trading platform, on the lines of IB... A long shot, but we are trying our best, Nithin has been in Singapore for the last few days trying to figure out brokers who are having an existing technology already who want to partner us in India.... Don't have any timelines on this, but we will post it when confirmed...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.......
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....
...Hi Raju, the bhav copy is available on the NSE website itself... But if you want the 5 minute data, though we have it, I can't really send it out because of exchange regulations on data distributing...
There are a lot of vendors(legal and illegal) who provide it, a lot of those links available on this site...
Cheers..
There are a lot of vendors(legal and illegal)
who provide it, a lot of those links available on this site... Cheers..
Hi Murthy,
We have a solution for this, unfortunately exchange doesn't want us to share with the clients...
Exchange charges a vendor who provides live data around 50lks a year plus 300 for every user... A lot of money that exchange makes out of this... If we provide the solution we have, you know whom we will have on our ass...... That said, once commodities is thru, for us the next biggest endeavor is to provide an international quality trading platform, on the lines of IB... A long shot, but we are trying our best, Nithin has been in Singapore for the last few days trying to figure out brokers who are having an existing technology already who want to partner us in India.... Don't have any timelines on this, but we will post it when confirmed...
We have a solution for this, unfortunately exchange doesn't want us to share with the clients...
Exchange charges a vendor who provides live data around 50lks a year plus 300 for every user... A lot of money that exchange makes out of this... If we provide the solution we have, you know whom we will have on our ass...
... That said, once commodities is thru, for us the next biggest endeavor is to provide an international quality trading platform, on the lines of IB... A long shot, but we are trying our best, Nithin has been in Singapore for the last few days trying to figure out brokers who are having an existing technology already who want to partner us in India.... Don't have any timelines on this, but we will post it when confirmed...
Well, purpose is already served by everything I've posted thus far, the purpose was to expose your stupidity & looking at the Thank Yous I've gotten, there seem to be many who strongly concur with me.
And AGAIN, Why am I a freebie? where have I asked anything for free? Why don't you post it & link it?......It's another stupid, baseless, non-sense straw man argument of yours.....after your stupidity has been exposed, you're resorting to OUTRIGH LYING to defend yourself :rofl:
Yeah, "logic".......like brokerage doesn't matter......:rofl:.....like ICICI is cheaper than Zerodha :rofl:.....& that people should NOT go with Zerodha & instead should go for "tried & tested" brokers like ICICI :rofl:
As for Zerodha, well, he just recognized that you're just a conceited moron who thinks that too much of himself & since he's here for his business & you being his (prospective) client, he can't afford to be as honest & blunt as I've been......... similarly, Ravi Chandra, PGDIMES, CASPER & others also chose to not waste their time on you.....but apparently, as naive & deluded as you are, you've misconstrued their silence for accord :rofl:
As I've posted before, Zerodha has made things clear to you already in as polite a manner as he could -
http://www.traderji.com/brokers-trading-platforms/47790-zerodha-444.html#post589108
Well, apparently, you're so deluded that you can't even see that the joke is ON YOU, as I've said, I've gotten a few Thank Yous for exposing your stupidity :rofl:
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And what is wrong with the mods here? This person goes around making his stupid comments & attacking everyone & mods don't see anything wrong with it but the moment someone hits back at him (& gotten many Thanks Yous for it too so obviously I'm not the only one who's sick of respectinvestor's stupid posts & personal attacks) & points out his stupidity then that person gets a warning? :annoyed:
I was going through some of the older threads last night & there were MANY members/traders with 1000, 2000,.... posts & they'd very useful things to say but I was ASTOUNDED to see that some of these useful members/traders were BANNED from Traderji..........well.........now I get it.........it seems honesty isn't appreciated much by Traderji's mods.......instead mods here seem to believe in letting morons like "respectinvestor" run rampant & then anyone who counters his idiocy then that person gets a warning :rofl:..........well....... if useful posters/traders with thousands posts get banned then I'm sure I'll be banned pretty soon for being so blunt......great job mods
And AGAIN, Why am I a freebie? where have I asked anything for free? Why don't you post it & link it?......It's another stupid, baseless, non-sense straw man argument of yours.....after your stupidity has been exposed, you're resorting to OUTRIGH LYING to defend yourself :rofl:
Yeah, "logic"
.......like brokerage doesn't matter......:rofl:.....like ICICI is cheaper than Zerodha :rofl:.....& that people should NOT go with Zerodha & instead should go for "tried & tested" brokers like ICICI :rofl:As for Zerodha, well, he just recognized that you're just a conceited moron who thinks that too much of himself & since he's here for his business & you being his (prospective) client, he can't afford to be as honest & blunt as I've been......... similarly, Ravi Chandra, PGDIMES, CASPER & others also chose to not waste their time on you.....but apparently, as naive & deluded as you are, you've misconstrued their silence for accord :rofl:
As I've posted before, Zerodha has made things clear to you already in as polite a manner as he could -
http://www.traderji.com/brokers-trading-platforms/47790-zerodha-444.html#post589108
Well, apparently, you're so deluded that you can't even see that the joke is ON YOU, as I've said, I've gotten a few Thank Yous for exposing your stupidity :rofl:
--------------------------------------------------------------------------
And what is wrong with the mods here? This person goes around making his stupid comments & attacking everyone & mods don't see anything wrong with it but the moment someone hits back at him (& gotten many Thanks Yous for it too so obviously I'm not the only one who's sick of respectinvestor's stupid posts & personal attacks) & points out his stupidity then that person gets a warning? :annoyed:
I was going through some of the older threads last night & there were MANY members/traders with 1000, 2000,.... posts & they'd very useful things to say but I was ASTOUNDED to see that some of these useful members/traders were BANNED from Traderji..........well.........now I get it.........it seems honesty isn't appreciated much by Traderji's mods.......instead mods here seem to believe in letting morons like "respectinvestor" run rampant & then anyone who counters his idiocy then that person gets a warning :rofl:..........well....... if useful posters/traders with thousands posts get banned then I'm sure I'll be banned pretty soon for being so blunt......great job mods
Hi Murthy,
We have a solution for this, unfortunately exchange doesn't want us to share with the clients...
Exchange charges a vendor who provides live data around 50lks a year plus 300 for every user... A lot of money that exchange makes out of this... If we provide the solution we have, you know whom we will have on our ass...... That said, once commodities is thru, for us the next biggest endeavor is to provide an international quality trading platform, on the lines of IB... A long shot, but we are trying our best, Nithin has been in Singapore for the last few days trying to figure out brokers who are having an existing technology already who want to partner us in India.... Don't have any timelines on this, but we will post it when confirmed...
We have a solution for this, unfortunately exchange doesn't want us to share with the clients...
Exchange charges a vendor who provides live data around 50lks a year plus 300 for every user... A lot of money that exchange makes out of this... If we provide the solution we have, you know whom we will have on our ass...
... That said, once commodities is thru, for us the next biggest endeavor is to provide an international quality trading platform, on the lines of IB... A long shot, but we are trying our best, Nithin has been in Singapore for the last few days trying to figure out brokers who are having an existing technology already who want to partner us in India.... Don't have any timelines on this, but we will post it when confirmed...
Hi friends..Iam new to market..Want to know about zerodha offers...
If i buy nifty fut at 4820(4lots) after 30min i booked profit at 4840(4lots)..What would be the charge...just heard 20+20..but want to know STTTotal,Transaction Charges,Service Tax,Educational Cess ,Higher Edu Cess nd other charges...finally how much is my net profit..plz,plz explain ...Thank you
If i buy nifty fut at 4820(4lots) after 30min i booked profit at 4840(4lots)..What would be the charge...just heard 20+20..but want to know STTTotal,Transaction Charges,Service Tax,Educational Cess ,Higher Edu Cess nd other charges...finally how much is my net profit..plz,plz explain ...Thank you
Hi Murthy,
We have a solution for this, unfortunately exchange doesn't want us to share with the clients...
Exchange charges a vendor who provides live data around 50lks a year plus 300 for every user... A lot of money that exchange makes out of this... If we provide the solution we have, you know whom we will have on our ass...... That said, once commodities is thru, for us the next biggest endeavor is to provide an international quality trading platform, on the lines of IB... A long shot, but we are trying our best, Nithin has been in Singapore for the last few days trying to figure out brokers who are having an existing technology already who want to partner us in India.... Don't have any timelines on this, but we will post it when confirmed...
We have a solution for this, unfortunately exchange doesn't want us to share with the clients...
Exchange charges a vendor who provides live data around 50lks a year plus 300 for every user... A lot of money that exchange makes out of this... If we provide the solution we have, you know whom we will have on our ass...
... That said, once commodities is thru, for us the next biggest endeavor is to provide an international quality trading platform, on the lines of IB... A long shot, but we are trying our best, Nithin has been in Singapore for the last few days trying to figure out brokers who are having an existing technology already who want to partner us in India.... Don't have any timelines on this, but we will post it when confirmed...
HI sachin it will be nice if you provide margin on stocks before providing international platform i think it will be better if you could workout the basics before going higher ups
Even so i will not be able to trade till march 2012 with you as i have already paid RELIGARE advanced brokerage for the year
I HOPE MARGIN ON STOCKS COMES BEFORE EVERY THING ELSE AS ITS THE MOST BASIC SYSTEM LACKING ZERODHA AND ALSO SOME CHARTING EXTRA CHARGES Ect Ect
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