Comment on Deciphering NSE's 'Execution Range' circular.

Hitesh Kumar commented on 25 May 2021, 08:35 PM

Even I face such problem. Zerodha RSM 81 is making money by executing trades without client’s approval.
Due to price out of execution range ( extreme movement in price), the second leg of Cover Order gets cancelled by exchange, the control of order execution is never given back to client. Instead Zerodha does it themselves, by it’s risk management bot RSM 81. This bot executes the order within next minute when exchange updates the price range for F&O item. Then this BOT uses the credit and trades the F&O and makes money and finally executes the order for client at extreme loss and after substantial loss to client. I am writing to exchange regarding this malpractise of Zerodha and I urge all to make a complaint with NSE.

View the full comment thread »