Sebi is giving all sorts of yarn and baloney to save retail traders. Why don’t they focus on their core work? Every now and then, the exchange faces connectivity issues, which cause more losses than anything else. Now, it’s as common as potholes in Mumbai.
@nithin
Please highlight this issue. There should be fixed accountability for such incidents. All other reforms will not matter if the exchanges can’t work properly.
No way its the exchange. Its Zerodha’s fault, have seen multiple times that they shift blame onto the exchange when everything is working fine with other brokers.
SEBI just play meeting meeting ,alua meeting exchange and broker tales so much diffrent charges and when we need our parachute while diving they just say sorry not avilable go for free fall. ,Kue ke mendaki aur baat samundar ki fits perfectly
We don’t have access to raise this issue, but you should raise it with the exchange and SEBI.
Sometimes it will be Zerodha, someday the exchange, but in the end, only we, the traders, will suffer.
Don’t you think it’s part of the basic infrastructure that should work fine, as this risk is impossible to mitigate?
Social media seems to be abuzz with traders complaining about losses.
With the barrage of regulatory changes last few years, its difficult to understand why aren’t there clear laws and procedures in place to address losses incurred due to glitches??
For each type of glitch there should be clear procedures, escalation matrix of personnel and time frame in place. For years one can see instances of various kinds of glitches.
I mean this seems so basic, what is the point of there being a regulator?
I guess this too is the fault of retail traders, eh SEBI