We’re glad to announce that we’ve finally launched the instant sale of pledged stocks feature on Kite, which has been one of our clients’ most requested features for several years. This was delayed due to system limitations, but we are now live. The previous process for selling pledged stocks was to first unpledge them. An […]
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Encouraging greater participation in the auction markets and reducing the impact of auction penalties due to short delivery have been on our to-do for a long time. We have had situations where the losses have been up to 20% due to the lack of liquidity in auction markets. This is because there was no retail […]
Hindi: इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें। I have been reading and listening to quite a bit of Charlie Munger over the last few days. Every time I go down this rabbit hole, I tend to discover more about myself and what I think Zerodha should be. If I had […]
Here’s the trading/stock market holiday calendar for 2023 for equity and F&O segments. Holiday Date Day Republic Day January 26, 2023 Thursday Holi March 07, 2023 Tuesday Ram Navami March 30, 2023 Thursday Mahavir Jayanti April 04, 2023 Tuesday Good Friday April 07, 2023 Friday Dr. Baba Saheb Ambedkar Jayanti April 14, 2023 Friday Maharashtra […]
All of us here at team Zerodha wish you a happy Diwali! As has been our tradition, there won’t be any brokerages for trades executed during the Muhurat trading session. Our partners under the Rainmatter initiative are also offering some exciting offers and discounts on their products this Diwali season. These are some really cool […]
Hindi: इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें। SEBI, on December 3rd, 2018, released a circular (PDF) highlighting the need for stock brokers and depository participants to maintain robust cyber security and a cyber resilience framework to protect the integrity of data and guard against breaches of privacy. This came into […]
Leverage When an equity or F&O trader takes a position greater in value than the funds or margins available in their account, such positions are said to be leveraged. This is typically done with the idea of generating a higher return on capital, but it entails taking a higher risk. Leveraged trades also give the […]
The first time we read the Finshots newsletter (then called Finception), we immediately reached out to the team, trying to figure out if there was a way to associate and help them reach a wider audience. Making it easier for Indians to learn finance is our top priority, and hence partnered with Finshots through our […]
Hindi: इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें। Happy Independence Day, We just turned 12 years old on August 15th. Thanks to your support and the market action, we have grown spectacularly over the last two years, from twenty lakh customers to over one crore customers without ever spending on marketing or […]
Hindi: इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें। Penalties for brokers for not maintaining adequate working capital requirements kick in from today, 1st Aug. The second phase of the SEBI circular requiring brokers to provide a client-level allocation of funds to avoid one customer’s funds from being used by another goes into […]
As a trader, it’s extremely important to file your taxes, regardless of whether you made a profit or loss. Most people assume that just because they’ve made losses, it’s not necessary to file taxes, but that’s a mistake—you may get a notice from the Income Tax Department regardless of that. We also understand that filing […]
Hindi: इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें। With the rise in cybersecurity incidents, it’s extremely important that you are aware of the risks and possible ways in which accounts can be compromised. Firstly, any measure from our side is helpful only if the customer doesn’t willingly share account access with others […]
Hindi: इस पोस्ट को हिंदी में पढ़ने के लिए यहाँ क्लिक करें। In many families, even though investments might happen through multiple individual accounts, one person is usually monitoring all the portfolios. It is extremely important to track the portfolio risks in terms of asset allocation and concentration to stocks and sectors not just at […]
SEBI turned 30 years old on the 12th of April, and the number of regulatory changes they have instituted in the broking industry in the last 3 years must be more than the combined total done in the previous 27 years! While it has been quite painful operationally for the industry to implement the slew […]
Hindi: Iceberg ऑर्डर और मिनट्स में ऑर्डर की वैलिडिटी से परिचय Note: Please update the Kite mobile app, if you don’t see the Iceberg order type. Iceberg is an order type that slices orders of larger quantity (or value) into smaller orders, where each small order, or leg, is sent to the exchange only after […]
Traders, If you hold stocks or mutual funds in your portfolio that have unrealised losses, you can set off these losses against realised profits, on which you have to pay taxes. To do this, you can book the losses, effectively reducing the realised gains and hence also reducing the tax payable. This act of booking […]
Consider for instance a trip to the hospital. It can drain you physically. It can drain you mentally. And it can drain you financially. The prospect of healing from physical and mental trauma is already daunting as is. But to deal with a massive financial burden as you’re recovering from a debilitating illness can be […]
NSE IFSC recently announced trading in 50 popular US stocks like Apple, Amazon, and Tesla in the form of unsponsored depository receipts for Indian investors. This has created a lot of buzz among investors who’ve been looking for easy ways to get exposure to these stocks. While the stock exchanges in GIFT City were primarily […]
With the rise of online platforms giving instant loans completely digitally, online identity fraud has skyrocketed. Several have been in the news recently for lax checks and improper KYC (Know Your Customer) practices that allowed fraudsters to use manipulated images of PAN cards and other documents belonging to the victims of identity theft to avail […]
The financial media tells me that the US Federal Reserve and the RBI will soon raise interest rates because inflation is out of control. If inflation is hot, interest rates rise, and the Fed stops printing money, liquidity will dry up, and the markets will apparently crash between 50-80%. According to the “experts”, the target […]
Queries around F&O margins are perhaps the ones that are most asked by our customers. We launched our margin calculator in 2013 and have continuously tried to educate users about the nuances of the margin system over the years. Since this is a popular topic, here’s a post on how the margin requirement for F&O […]
Update: NSE has reintroduced Do Not Exercise Facility (DNE) in stock options from April 28, 2022. Physical delivery of stock options can potentially lead to systemic risk in the capital markets and pose a risk to traders. But before I explain these risks, let me first set the context with an outline of the regulatory […]
I was at the Blossom Book House in Bengaluru last week buying some comics for my son, when a 20-year-old recognised me (behind a mask!) and got really excited. In my head, I thought to myself, “hmm… why?”. And this reaction pretty much defines how the last two years of the business have been for […]
We launched Varsity 8 years back using this cover image and this was what we planned to attempt. Excerpts from the original post: At Zerodha we took inspiration from the MOOC (Massive Open Online courses) world to attempt solve some of the biggest problems concerning the Indian Capital market: Lack of knowledge – Lack of […]
When we started off, one of the things we were aware of was that taxation for traders was never simple. We have explained how taxation works for traders and investors in the Varsity module on taxation. We could always do more, so we partnered with Quicko, a startup to help people file taxes easily, via […]
