What is the remedy for the OI restriction. In June, the peak margin requirement has also increased. This is another bummer. I don’t know why they need full margin for intraday especially when someone can have SL for all the intraday orders.
Earlier I used to sell MIS, buy hedge and then convert short MIS to NRML. Now, to have the same setup I need to punch multiple orders ( 2 lot sell/buy (hedge) ). It is becoming more time consuming and slippages also occur. It adds to the brokerage cost which at one point of time was the USP of Zerodha. If this is not fixed in the near future, I will be migrating to some other broker. I really like Zerodha, but with the new margin requirements can’t handle the OI restrictions.