Do you remember when we used to go to school and started packing our bags right before school was about to get over? You must be wondering what is the relation of this walk down memory lane. The reason is our upcoming discussion on commodity trading time in Zerodha.
Just like the excitement to go home ignited in every kid before the final bell, a trader also prepares before the market opens. Just like the equity market opens at 9:15 am- 3:30 pm, the commodity market also has specific timings to operate.
So, if you want to trade in commodities and have a Zerodha demat account, then let us have a look at the timings that you should focus on.
People often wonder why their position was closed off even when they did not initiate it. Squaring off the positions generally means exiting them. If you have placed a bracket order, a cover order, or an MIS order and have not closed it, then the broker has the right to auto-square off your positions.
The Zerodha commodity MIS square off time differs from the equity square off time. For intraday trade in commodity, the square off time is 25 minutes before the closing.
Zerodha Commodity MIS Square Off Time
25 minutes before close
In case you forget to square off your position then you need to pay the auto square off charges equal to ₹50 per trade.
Zerodha Commodity Trading Holidays
There are various days on which you cannot trade in the commodity segment. The list of such Zerodha commodity trading holidays is given below so that your time is saved and you can take a break from trading as well.
The tentative holiday calendar for 2021 is as follows:
Commodity trading is an attractive option for traders who are looking to indulge in internationally acclaimed commodities as well. So if you are looking to step into the zone, you have a time window from 9am-11:55pm on most days and commodities.
Open your demat account today and start your trading today!