Comment on Stop Loss orders - Limit/Market

Nithin Kamath commented on 26 Jan 2014, 01:26 PM

Harry,

Commodities turnover on the exchange itself is around 30,000 to 40,000 crores, out of which 70% of turnover would be arbitrage and prop trading. We are no way close to 1000 crores per day on commodity. As I mentioned earlier, we use a 3rd party for clearing services and there is a clearing member charge which is charged over and above exchange charges. But yes, as and when our volumes pick up, this charge will definitely drop..We are hoping the volumes will pick up once we launch our new trading platform.

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