General


 

Business Line: Read Section 44AD when filing return

    Some of you who trade in the markets would have probably received notices for defective returns from the Income Tax department for the assessment year 2012-13. One possible reason could be that you did not take note of the the amendment to section 44AD which deals with computing profits and gains from a […]

India's largest broker trusted by 1.5+ crore investors.
38
29 Jul 2013
 

Nithin – Zero to Zerodha

Traders, Since we are profiling winners – traders who are successful trading the markets and get them to share ideas, we thought why not Nithin, an astute trader himself. It is Nithin’s idea to have the Winners’ section and the following interaction to share what helped him while trading. He writes on Zconnect, am taking […]

Head of client relations at Zerodha
103
26 Jul 2013
 

Business Line: Zerodha working on trading platform with charting software

Business Line talks to ZERODHA CEO,  Nithin Kamath on introducing a first-of-a-kind Trading platform in India… KOCHI, JULY 23: Zerodha, the Bangalore-based online trading platform, is in the process of introducing a new trading platform with advanced charting software. This would enable technical analysis and back-testing strategies before making a trade. The idea is to provide […]

India's largest broker trusted by 1.5+ crore investors.
60
23 Jul 2013
 

Query of the Day

Traders, Query of the day or QOD as we call in our office is questions asked to every Zite on things related to capital markets to make learning a continuous exercise. We will be sharing the same on this blog with the answers in the Q&A section below to benefit you all. Zite = Zerodha […]

Founder & CEO @ Zerodha
251
20 Jul 2013
 

Software Engineer up 400%

Traders, Find following interaction with Pawan, a software engineer from Bangalore who has made over 400% on his trading capital with consistent profitable trades during the 60-day challenge. Education: B.Tech (Computer Science) Profession: Software Engineer Hobbies: Teaching Quants to students preparing for CAT and playing badminton. Following is the interaction on July 19, 2013. You […]

Founder & CEO @ Zerodha
96
19 Jul 2013
 

Introduction to Winners

Traders, Over the last 5 years I have been interacting with thousands of retail clients and a common thing I have heard is that no one makes money in the markets. This is a huge problem for a trader’s psyche, knowing not whom to emulate. This is a problem especially for the retail trading community […]

Founder & CEO @ Zerodha
133
19 Jul 2013
 

Review us – July 17, 2013

Dear Fellow Traders, When we started Zerodha back in 2010, our main focus was giving our clients a pricing edge without compromising on the quality. We also realized that keeping our clients profitable is important and just low brokerage would not be enough for that. We started Z-Connect for sharing market knowledge and started algoZ for people who follow […]

Founder & CEO @ Zerodha
13
17 Jul 2013
 

Margin required for trading currency going up – July 9, 2013

Dear Traders, Margin required for trading currency futures and options on NSE and MCX-SX would be increased because of the recent volatility in the currency derivative contracts. The increase in margins is presently applicable only for the USD/INR contracts and is applicable from July 11, 2013. To ensure that this increase in margin doesn’t affect our […]

India's largest broker trusted by 1.5+ crore investors.
27
09 Jul 2013
 

Financial Chronicle: India volatile: Rupee fell to 61.19, sensex shed 309.90 pts

India volatile: Rupee fell to 61.19, sensex shed 309.90 pts By Ravi Ranjan Prasad Jul 08 2013 , Mumbai The volatile rupee touched a low of Rs 61.19/20 to a dollar intra-day on Monday, forcing stock market investors to go short with no support for the currency forthcoming. Sensex shed 309.90 points to hit the day’s […]

India's largest broker trusted by 1.5+ crore investors.
0
08 Jul 2013
 

Gold May Continue Heading South

Nithin Kamath, Founder/CEO of Zerodha, shares his view on gold prices in the long term. In order to check rising gold imports, which could widen the current account deficit, the Union government announced an increase in the gold import duty to 8% from 6% in the beginning of June. On May 28, the Reserve Bank […]

India's largest broker trusted by 1.5+ crore investors.
0
28 Jun 2013
 

Update – June 26, 2013

Traders, It has been a rocky few weeks for the equity markets, but as Zerodha, we believe that it is an intermediate downtrend in a bull market. It is the lack of liquidity in the markets which is causing the sudden upward/downward movements. A few important updates: 1. Commodity transaction tax, which was proposed in […]

Founder & CEO @ Zerodha
14
26 Jun 2013
 

A Fresh Start

A Fresh Start Have you ever been stuck in a rut? All you can think about is how behind you are and how hard it will be to come back: “I haven’t made enough winning trades. What am I going to do? I’ll never make it back.” It’s natural to panic a little when you’re […]

India's largest broker trusted by 1.5+ crore investors.
6
22 Jun 2013
 

STT Trap – Options Expiry – NSE BSE MCX-SX

Update: 2019 Budget, no more STT trap. STT on exercised options to be on intrinsic value from Sep 1st 2019. Check this.  Update: With effect from 31st August 2017, the exchanges have put in place a mechanism to address this anomaly. More details on this change here. Traders, Why do options trade at lesser than […]

Founder & CEO @ Zerodha
773
15 Jun 2013
 

Notice under Section 139(9)? – Possible reason

Traders, Firstly it is important to understand the difference between Assessment Year(AY) and Financial Year(FY). If someone is saying that he has just filed his returns for AY 2012-13, this means it is for income in the financial year 2011-12(Apr 1st 2011 to March 31st 2012). So technically AY 2012-13 and FY 2011-12 are the […]

Founder & CEO @ Zerodha
394
10 Jun 2013
 

New STT and CTT rates

Traders, We have received a lot of queries over the past few days on what the new rates of STT and CTT are and when are they applicable from. Firstly, STT (Securities Transaction Tax): This was first introduced in 2004 by the FM P. Chidambaram. This was the same year when the FM waived off […]

Founder & CEO @ Zerodha
63
04 Jun 2013
 

Zerodha i3 – Execution based Algorithms

We have introduced newer platforms since this post was published. This product has been discontinued. Introduction Overview Algo trading have become such a common feature in the trading landscape that it is unthinkable for a broker not to offer them to their clients because that is what clients demand. These algorithms analyze every quote and […]

India's largest broker trusted by 1.5+ crore investors.
89
03 Jun 2013
 

Economic Times: Zerodha opens it’s Ahmedabad support center

Economic Times covers launch of Zerodha’s Ahmedabad support centre. ” AHMEDABAD: Bangalore headquartered Zerodha, online discount trading firm, today announced the launch of its support centre in Ahmedabad, that is designed to allow active traders to buy and sell financial instruments such as stocks, futures & options, currencies and commodities. Zerodha brings on the table a brokerage […]

India's largest broker trusted by 1.5+ crore investors.
14
30 May 2013
 

The Financial Express: Tweaking co-location norms may hit institutional brokers

Nithin Kamath, Founder/CEO of Zerodha shares his view on SEBI’s proposed move. The Securities and Exchange Board of India’s (Sebi) proposed move to make co-location facilities more fair and transparent — ensuring that even those that do not avail of this facility get a fair chance to execute their trades speedily — might significantly impact […]

India's largest broker trusted by 1.5+ crore investors.
6
22 May 2013
 

The Economic Times: WHAT COMES BEFORE ENTREPRENEURSHIP?

Nithin Kamath, Founder and CEO of Zerodha, featured on Economic Times, among the most promising entrepreneurs of the country. As kids in school, we were always asked, ‘who would you like to be when you grow up?’ and the answers would vary – from being a doctor, to pilot. Today, the answer might veritably be […]

India's largest broker trusted by 1.5+ crore investors.
0
21 May 2013
 

Update May 21, 2013

Hi Traders, Hope that your trading has been going good. I would like to share with you some important updates that have taken place at Zerodha in the last few days: New Password Policy: After getting approvals from the Exchange, you will now be required to change your trading passwords once in 90 days unlike […]

India's largest broker trusted by 1.5+ crore investors.
59
20 May 2013
 

Zerodha i3 – Introduction

We’ve now stopped offering i3 as a product. Traders, To profit from trading, you must have a winning strategy other than paying low brokerage (which you already do at Zerodha). What is also of importance to our higher volume traders is keeping the impact cost low. Here are some of the issues high volume traders […]

India's largest broker trusted by 1.5+ crore investors.
60
20 May 2013
 

Reverse Arbitrage? SLB?

Traders, Basu, who works on our dealing desk, thought he had spotted an opportunity. I realized that over the last 15 odd years in the market, I must have had the same discussion with so many people who get confused on the so called riskless/arbitrage opportunities that can make a lot of money. Typically, you […]

Founder & CEO @ Zerodha
48
16 May 2013
 

LIVEMINT.COM: Online discount brokers wooing retail investors back to market

An article on how Discount Brokers are conquering the markets & attracting traders to return to the markets. Updated: Tue, May 14 2013. 12 58 AM IST Mumbai: India’s brokerages are increasingly turning to online discounts to woo retail investors, wary since the 2008 crash, to the equity market by taking advantage of lower overheads to offer […]

India's largest broker trusted by 1.5+ crore investors.
0
14 May 2013
 

Dazed and Confused

Dazed and Confused The astute trader knows how to process multiple inputs, yet remain calm and decisive. With essentially endless sources of information to consider, it’s easy to experience information overload. If you try to process and digest more information than you can handle, you’ll experience frustration and anxiety. If you aren’t careful, you may […]

India's largest broker trusted by 1.5+ crore investors.
2
08 May 2013