Comment on Zerodha - Margin Policies

vinayak commented on 18 May 2015, 02:13 PM

As for protecting the small investor – this morning SBI futures seemed to be selling cheaper than SBI stock (based on both bid and ask quotes. I actually sold the futures before I realized this was the case) ! I don’t know the status now. The difference was about Rs. 1.5 – almost 0.5% for May 28 futures ! and as far as I know there is no dividend etc. forthcoming to justify it (e.g. ICICI bank Jun futures are selling cheaper than May futures; but there is a Rs. 5 dividend in between the expiry dates)

Needless to say, the above would be impossible if shorts on stocks were allowed in any meaningful way.

View the full comment thread »