Comment on Stop Loss orders - Limit/Market

Harry commented on 26 Jan 2014, 01:47 AM

Correction…

At present, the MCX is charging turnover charges (incase monthly trading volume < 1000 cr) = Rs. 200 + 30 (taxes) = Rs 230 per cr (at max)

I am sure Zerodha's trading volumes are easily greater than 1000 cr on any normal trading day, so these charges are further reduced.

Although you are actually charging the traders Rs. 494 per cr i.e. much more than even double the actual turnover charges taken by MCX.

There is certainly a big room for the company for further reduction in charges and still be much profitable.

What do you think on that ?

Thanks!

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