Comment on Online pledging of stocks for trading F&O

sameer chandra jha commented on 02 Feb 2016, 06:19 AM

sir. i have some querry regarding f&o trading.

on expiry day of january series at 2.58pm , i wrote banknifty 15500pe at rs.8 12lots , i just tried to square it off at 3.00 pm but was not able again i tried at 3.01p.m. , subsquently at 3.02,3.03 i was helpless , i was not able to sell it off , it was square off automatically at 3.24pm .till then the price was quoting of 15500 pe at rs. 124 , and i lost more than 41k

i called up zerodha at 4.00 pm on the same day , they told me that exchange server was down , please explain me sir how can exchange server be down when price is fluctuating and more than 10000 crores has been traded in particular 15500peof banknifty and it is very liquid counter as we all know.

i lost my money without my fault . my confidence on zerodha has shattered .
why should i trade with zerodha in this condition when i am not able to sqaure off my positions.

sameer chandra jha

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