Comment on Futures & Options Filters
So, when we started, Nifty was at around 3000 and the lot size was 100. The minimum brokerage at the time was 0.01%, which meant to buy & sell one lot, the brokerage was 60-80 rupees. Our idea was to be able to charge people paying this brokerage at least 50% of what they were paying. Hence Rs. 20.