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Zerodha's new policy: Sell stocks, get full proceeds instantly - NewsBytes
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Zerodha's new policy: Sell stocks, get full proceeds instantly - NewsBytes
18 October 2024
Leading online brokerage firm Zerodha has announced a major policy change. The company now guarantees that 100% of the proceeds from share sales will be immediately available for trading.
The update was shared with investors in a post on X.
Earlier, traders could only access 80% of their sale proceeds instantly while the remaining 20% was held back for upfront margin requirements and released the next day.
Leading online brokerage firm Zerodha has announced a major policy change. The company now guarantees that 100% of the proceeds from share sales will be immediately available for trading. The update was shared with investors in a post on X. Earlier, traders could only access 80% of their sale proceeds instantly while the remaining 20% was held back for upfront margin requirements and released the next day.
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