Zerodha’s Kite platform has taken a significant step forward in enhancing the user experience for traders and investors by launching six innovative features. Nithin Kamath, the founder and CEO of Zerodha, shared these exciting updates on social media, highlighting how they aim to streamline the order placement process. With these enhancements, Kite users can look forward to a more efficient trading experience.

Exciting New Features on Kite

Here’s a breakdown of the key features introduced on the Kite platform by Zerodha:

1. Order Slicing

   • One of the standout features is order slicing. Kamath emphasized that traders can now place larger orders without the fear of hitting exchange freeze limits. If an order exceeds these limits, Kite will automatically divide it into smaller segments.
   • For instance, when placing substantial Nifty orders, Kite can split them into up to 20 slices, each containing 1,800 quantities. This means that users can manage a total of 36,000 quantities effortlessly, without any manual effort.

2. Available Margin Display

   • Users can now see their available funds directly on the order window, making the trading process smoother. Previously, checking available margin required navigating to a separate window, which could slow down trading.
   • With this update, users can quickly confirm if they have sufficient margin for a trade without switching tabs, enhancing overall efficiency.

3. Instant Market Depth Access

   • The latest update allows traders to access market depth information directly from the order window. Kamath mentioned that earlier, users had to hover over a stock and click to view market depth.
   • Now, this crucial information is just a click away, saving time and making trading decisions more informed.

4. Automatic F&O Quantity Recall

   • Another useful feature is the capability of Kite to remember the quantity entered for Futures and Options (F&O) contracts. Kamath pointed out that this automatic filling feature is beneficial for traders who frequently use the same contract quantities.
   • This feature applies across all contracts with the same underlying asset, making it easier for traders to execute their strategies.

5. Enhanced Market Protection

   • With market protection, users can execute market orders more safely. This feature prevents orders from filling at unexpected prices during volatile market conditions.
   • Regular market orders may execute at fluctuating prices, but with market protection, users can set a predefined price range around the current market price for added security.
6. Convenient Basket Icon
   • The newly introduced Basket icon allows users to create and execute multi-instrument orders quickly from any section of the Kite platform. Kamath highlighted that this feature enhances accessibility, enabling users to open a basket with just a single click.
   • This improvement makes it easier to search for and add instruments to a basket, streamlining the trading process even further.

Conclusion

With these six new features, Zerodha’s Kite is set to redefine the trading experience for its users. By focusing on user-friendly enhancements, Zerodha continues to prioritize trader satisfaction and efficiency. Whether you’re a seasoned trader or just starting, these updates make navigating the market more manageable than ever. For more information, check out Zerodha’s official blog for detailed insights on these features.