Comment on Give your views, we will pass it on to NSE

Yusuf commented on 30 Oct 2017, 05:20 PM

I understand. I have tried to close positions which due to technical issue in the morning could not do it. No phone lines to zerodha reachable. Am i to blame here?
End of the day auto squared off made me in 2.7 lakhs loss.

1. Between exchange and zerodha many things happen, customers how they will know. End of the day when margins are increased it is transferred to customers, imagine if some one has invested heavily, he will go bankrupted and this is exactly what happened to me.

2. Zerodha could have used the same margin to customers who has bought it in a lesser price and for new customers (new buyers/sellers) the new margin should be given. What is the use of checking F&O calculator before taking a position?

How to trust future F&O trades if this is not solved? Remember 3 times increase here.

Why zerodha and exchange are passing on the risk to customers at a faster rate than finding a solution here?

I see there is a big gap here in the system updates.

During these big news, either exchange or zerodha should stop taking orders. Then people like me will not go bankrupt.

I am really disappointed with this.

Thanks
Yusuf

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