Comment on Pre-market/Post-market/After-market Orders

Yogendra Pahariya commented on 11 Jul 2016, 02:00 AM

Hello Nithin/ Venu,
First thanks for providing such discount brokerage. I am eagerly waiting for GTC (Good till Cancelled) order for a long time as a long term investor. I have been a IIFL customer for years but planning to switch my broker now. IIFL provided this facility (known as VTD) for some time but just noticed that they are withdrawing this awesome feature. It gives me impression that brokers/exchange themselves don’t find it good their interests and trying to get away from it. But, being a pioneer and innovator of such a business model, i would expect zerodha to introduce this feature by enhancing their software even at some premium charge. All your software need to do is to carry forward and schedule all unexecuted orders for day as AMO for next day.
As of now, I am aware of ICICIDirect and Kotak Sec providing this feature.

Will appreciate your response.

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