The firm said in a client communication that the higher charge will apply to traders who do not meet the Securities and Exchange Board of India's rule of maintaining at least 50% of collateral in cash or its equivalents on an intraday basis. Currently, Zerodha bridges this gap using its own funds without charging clients.
From April 1, intra-day futures and options trades funded by the broker will...
In this analysis, we will apply the A.R.C. analytical framework to understand the implications of Zerodha's decision to increase brokerage fees for intraday futures and options trades.
**Steelman**: The steelman of this narrative is that Zerodha, in response to increased demand for margin collateral and the proposed hike in Securities Transaction Tax (STT), has decided to increase brokerage fees for intraday futures and options trades starting April 1. This move could potentially set a precedent...