Comment on Zerodha i3 - Execution based Algorithms
commented on
20 Feb 2014, 10:55 AM
Exchanges don’t allow retail to autotrade, so the option is register the client as an Authorized person on the exchange. One time cost of around Rs 4000 per exchange, and once registered the client is not treated as a retail, and hence can get a dealer terminal. To get a dealer terminal, the monthly rental is Rs 250/exhcange/segment, with a dealer terminal a person can automate hi trades completely, and also use tools like i3.
Cheers,