Zerodha Part 2

[Zerodha]

Dear Zerodha,

Could you explain the difference between Demat and trading account. In sense Demat is like a PF account ?, where the shares are under my ownership.But, When a derivative contract is in my trading account, where is it really ? Is there a common pool where all the derivative contracts under a broker sit? Can there be a situation where a share may also remain in trading account or it has to compulsorily be in Demat account.

A bit stupid question, but like to know the difference.

Regards

Nirbhay Dixit

Yes demat account is a place where you keep your stocks, it is like a bank safe where you keep your valuables.. .Only that this is in an electronic format..

A derivative contract is at the end of the day just a contract which expires and hence no use of demat account for this.. It just stays in the trading account under your name.. It is a Zerodha common pool, but each contract is assigned in individual client name..

About stocks being in a pool account, ideally should not be, but a lot of brokers keep it there on pretext of various reasons.. Ideally should be in your demat immediately( T+2 days, trading day + 2 days, so if you buy on monday, wednesday evening should be in your demat)

 

[Zerodha]

Hi Zerodha, Can NSE NOW or ZT trader run on Mac OS

Not NOW, but ZT can run on MAC OS

 

[Zerodha]

Thanks for reply..

Can you pls send me the forms at [email protected]

I will immediately fill up and send back to you..

Pls give me charges of opening of Demat and Trading account with you..

Also Will you help me to dematerialized those share ??? And in which Exchange I can sell it ??? IN NSE OR BSE ???

Trading and demat forms available here: https://www.zerodha.com/download/index.html , the instruction sheet explains alll the documents required.. But i'd advise you to speak to one of our sales team before you send the forms, to ensure everything is in place..

check this out should help: http://www.zerodha.com/Test/connect/blog/2012/10/account-opening-documentation-charges

Dematerialisation is pretty simple and we can help. We have a tie up with ILFS for dp services and they have office in 70 cities, you could walk into one of them and get it done..

Once in your demat, you can sell either on NSE or BSE...

 

[Zerodha]

Nithin's first article : http://www.thehindubusinessline.com...ve-tips-for-online-trading/article4062400.ece

 

[megapixel]

Hi Sachin

has sent a Zerodha Trader migration request to migrate at zerodha.com today.

Mail Subject: Want to migrate to Zerodha Trader

Can you please check mail and activate as soon as possible.

If you please could make it by tomorrow then I'll get some time to fiddle around this new platform before Monday trading starts.

Please do the needful.

Thanks

Zerodha ,I have not received any ZT ID/pass yet.. I'm worried whether I'll be able to trade in ZT by Monday 9.15 AM. Can you please check this out ? I was told I may receive a mail by Saturday evening

 

[letsgrownow]

Trading and demat forms available here: https://www.zerodha.com/download/index.html , the instruction sheet explains alll the documents required.. But i'd advise you to speak to one of our sales team before you send the forms, to ensure everything is in place..

check this out should help: http://www.zerodha.com/Test/connect/blog/2012/10/account-opening-documentation-charges

Dematerialisation is pretty simple and we can help. We have a tie up with ILFS for dp services and they have office in 70 cities, you could walk into one of them and get it done..

Once in your demat, you can sell either on NSE or BSE...

So what you are suggesting here is I should contact ILFS directly to dematerialisation of Share first and then Open a Trading account with you or you will help me to do so ???

Which will be faster way to convert physical share to dematerialised ???

Can you contact me 8007244100..

 

[dinesh92]

For this you need to use the NEST plus charting.. The starter pack is free of cost. Check this link to see how to use it..

Where is the link

 

[krish_sintu]

Can i trade in BSE AND NSE with ZERODHA.............

 

[a1b1trader]

Can i trade in BSE AND NSE with ZERODHA.............

Yes, you can.

 

[Punter786]

Margin requirements are shown on an overnight basis.. You will need 40% of that for intraday positions..

Check this blog: http://www.zerodha.com/Test/connect/blog/2012/10/span-calculator

Ok. One more query on the same topic. Will the span calculator work only for the Nifty's futures and options' segment or will we be able to use it for currency, commodities and so on's futures and options also?

If yes we can, then will it show the margin requirements of these segments also on the overnight basis? Will the 40% intraday margin rule apply to these segments as well?


Thanks