“Zerodha notes” feature on Kite web enables clients to specify the reason for adding an instrument to the market watch.
Nithin Kamath’s Zerodha has rolled out a new ‘notes’ feature on Kite web to improve user experience and streamline trading. This feature enables users to specify reasons for adding instruments to the market watch, as stated by the prominent online stock brokerage.
The ‘Zerodha notes’ feature assists customers by offering context for tracked instruments, enabling them to review and recall the reasons for adding them to their market watch later. This personalized feature ensures traders remember the key aspects of each instrument when revisiting their ‘notes’.
‘Zerodha Notes’ Feature for Enhanced Trading Insights
The ‘Zerodha notes’ feature is presently exclusive to Kite web but will soon extend to the Kite app. To save ‘notes,’ users can press Ctrl + Enter and close them by clicking ✖ or pressing Esc (escape key). Note changes will not be preserved if closed without saving.
If an instrument is removed from the market watch, its corresponding ‘Zerodha notes’ are also deleted and will not reappear even upon re-adding the instrument. Zerodha permits typing up to 512 characters in ‘notes’.
SEBI, the capital markets regulator, has proposed mandating direct payout of securities to clients’ accounts to improve operational efficiency and mitigate risks to clients’ securities.
Last week, Nithin Kamath, co-founder and CEO of Zerodha, praised SEBI’s new mandate, stating that if enacted, it greatly simplifies stock brokers’ DP or depository participant operations.
Zerodha introduces the ‘Zerodha notes’ feature to help traders overcome the common challenge of recalling the reasons behind adding specific instruments to their portfolios. This feature allows users to record their thoughts or rationales, serving as a reference for future decisions. Zerodha provides a simple step-by-step guide on using the ‘notes’ feature on Kite web.
Zerodha highlights: Removing an instrument from market watch deletes associated notes; even if re-added later, notes won’t reappear. SEBI proposes direct payout of securities to clients’ accounts, welcomed by Nithin Kamath, Zerodha’s co-founder and CEO, aiming to enhance operational efficiency and reduce risks in capital markets.
Kamath praised SEBI’s move, highlighting its potential to simplify depository participant operations for brokers. If enforced, the mandate may streamline processes and enhance security, benefiting traders and investors. Zerodha’s impending rollout of the ‘Zerodha notes’ feature on the Kite app reflects its commitment to empowering traders with robust tools. By integrating personalized annotations seamlessly, Zerodha aims to improve user experience and foster informed decision-making amidst evolving market dynamics.
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