In light of the recent zerodha glitch.
I think it is high time people should ask SEBI to chnage rules so that traders needs to be compensated in case of broker glitch.
The blank sign away of rights at acccont opening that Exchnage and broker not responsible for glitches becuase traders doing trades over internet is bit too much.
If a user loosing access due to his internet /hardware falilure then it is user fault. but if the fault is due to broker infra then broker needs to comensate.Similalrly if the fault is due to exchnage then exchnage needs to comensate plain and simple.
We can easily established the root cause and find the culprit.
SEBI wake up !!!
I think it is high time people should ask SEBI to chnage rules so that traders needs to be compensated in case of broker glitch.
The blank sign away of rights at acccont opening that Exchnage and broker not responsible for glitches becuase traders doing trades over internet is bit too much.
If a user loosing access due to his internet /hardware falilure then it is user fault. but if the fault is due to broker infra then broker needs to comensate.Similalrly if the fault is due to exchnage then exchnage needs to comensate plain and simple.
We can easily established the root cause and find the culprit.
SEBI wake up !!!