(1) Option Trading is a serious business & bread and butter of many. In KITE this is a long pending problem, if I am not wrong, persisting for years that Margin Requirement is showed are incorrect.
I can understand the logic can be complex, RMS may need certain time gap to update margin requirement appropriately in KITE, but I am seeing this is not resolving for years.
Whether its a regulatory challenge or technical complexity to calculate Margin Requirement on the fly & show it to Trading Terminal, I am not really sure, but this is something needs to be addressed at priority for sake of active traders.
(2) Another thing is, if it possible to show how much “Collateral Overuse” penalty will be there or a nudge when there is overuse, I think it will help trader immensely. Currently paying close to 70-80k per month. I know it will reduce some revenue of Zerodha, but can save much outflow of Positional Traders.
Everything is updated on the fly, only case is three leg order but that is also solved. We have different setups so this fix is yet to be deployed in another setup, if you can DM me your ID I can move your ID to setup which has this fix. Soon we will deploy this fix on other setup.
To begin with we won’t charge any penalty for collateral overuse during the day, I mean for intraday like few other brokers do. Also we show cash balance negative if there is any overuse in collateral, so by checking cash balance user can get an idea.
Showing nudge to warn is something we discussed but most users overuse for intraday only, I mean they close positions on intraday basis so showing nudge every time is not advised said that we will try to do something on this, this is a bit complex so give us some time.
