Business Line: Trading platform Zerodha to launch automated trading option

August 13, 2012

Trading platform Zerodha to launch automated trading option

Barrier-free trading: Nithin Kamath, Founder and CEO of Zerodha, at a media interaction in Hyderabad on Monday. — Photo: P.V. Sivakumar

Business LineBarrier-free trading: Nithin Kamath, Founder and CEO of Zerodha, at a media interaction in Hyderabad on Monday. — Photo: P.V. Sivakumar

HYDERABAD, AUG. 13:

Online trading platform Zerodha is expanding its presence to more cities beginning with Kochi recently and following it with Hyderabad today.

The Bangalore-based company is planning to open another centre in Mumbai and is finalising plans to launch an automated trading module for individuals and firms.

Addressing a press conference here today, Nitin Kamath, Founder of Zerodha, said that the platform serves like a free trade zone for traders in stocks and commodities. With a client base of over 15,000 users, the platform clocks an average turnover of over Rs 2,000 crore a day. “The volumes are likely to go as we also strengthen the offline network in Hyderabad and Mumbai,” he said.

Zerodha stands for zero barrier in trading, with rodha in Sanskrit meaning barrier.

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Zerodha

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5 comments

  1. s venkataraman says:

    Pl let me know what is automated trading? Does it minimise the loss of the trader? Does this automatic trading reduce the burden on the investor in the matter of carrying out various analysis concerning stocks, their price movements etc. Is this trading platform suitable for beginners?

    Pl let me have your views.

    • Automated trading is not really suitable for beginners or intermediate traders, professional traders who are good at writing/coding strategies are the people who can probably make best use of this.

  2. I was able to find good advice from ylur articles.

  3. LALBABU PANDEY says:

    Dear sir , Nitin ji
    My self Lalbabu Pandey from Sasaram Bihar.
    Recently I have open Trading and Demat Account from your company and I am very happy with Zerodha.
    But last two week I am facing trouble from your RMS system and your Supporting company staff,they are not clarify and solve my problems.
    so if you want to your client feel hassle free trade,so please give direction and ensure better RMS system.

    Thanking you
    your client
    lalbabu pandey

  4. Hanuman Mal Sethia says:

    Hey Nithin,

    Have sent my physical shares for dematerization & have created a ticket for the same as well, but the team has not responded on the same since last 6 days.
    Even an acknowledgement of receiving of documents or any other reply for that matter has not been posted.

    Ticket No. #20190308522989
    User ID – YN9081

    Kindly look into it.

    Thanks

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