Zerodha squares-off largest Unauthorized Trade : Client Total loss Rs. 84 Lakh within a single transaction - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Monday, December 03, 2018

Zerodha squares-off largest Unauthorized Trade : Client Total loss Rs. 84 Lakh within a single transaction

Zerodha squares-off largest (78000 units of TATA MOTORS) unauthorized trade within 15 minutes of trade day while client got T+1 days.

 This caused the client a total loss of 84 Lakhs within a single transaction. The entire fault is due to Zerodha's liquidation.

The issue has been dealt with NSE arbitration panel which found Zerodha guilty. They Zerodha appealed, the appeal panel again found Zerodha guilty of unauthorized trade. Zerodha again trying to litigate the matter in court without providing relief to the client.

The complaint has been filed in the consumer forum for further resolution.

The government and SEBI often request the investors to be careful and again requesting everyone to *Beware from such Companies.* You can buy daily stuffs online, where major risk is not involved. But when it comes to Finance, you should not rely on such online companies. *Do not put your hard earned money in such companies.*


(Disclaimer - This message is sent to spread Awareness and Educate the investors only.)
Zerodha squares-off largest Unauthorized Trade : Client Total loss Rs. 84 Lakh within a single transaction Reviewed by S. Chitra on December 03, 2018 Rating: 5 Zerodha squares-off largest (78000 units of TATA MOTORS) unauthorized trade within 15 minutes of trade day while client got T+1 days. ...

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