Zerodha's CEO Nithin Kamath Lists 6 New Features On Trading Platform Kite; Details Here

Zerodha Chief Executive Officer Nithin Kamath on Tuesday unveiled some key updates to the company’s trading platform, Kite. The six new additions to Kite will simplify the user experience, while interacting with the order window. The update introduces features such as order slicing, available margin, market depth, remember F&O quantity, market protection and basket icon.

In a post on X, Kamath explained that the order-slicing feature on the platform will allow users to place large orders without worrying about exchange limits. Similarly, margin features will work to show instant funds on the order window, making it easier for users to manage their trades. 

Another update on Kite is related to F&O contract quantity, where the platform now remembers the quantity one enters for a contract. For enhanced security, market protection safeguards orders during volatile conditions. Additionally, the new Basket icon enables users to quickly build and execute multi-instrument orders with just a few clicks, Kamath said.

• Order Slicing: Place large orders without worrying about exchange freeze limits. 

• Available Margin: Instantly see available funds on the Kite order window.

• Market Depth: Access market depth directly on the order window.

• Remember F&O Quantity: Kite saves the contract quantity for future orders.

• Market Protection: Safeguards market orders during volatile conditions.

• Basket Icon: Quickly build and execute multi-instrument orders.

In a blog attached to Kamath’s post, Zerodha highlighted that currently, order slicing is available only on Kite Web, but will be available on the app version soon. The ‘available margin’ feature aims to help users keep track of their funds in the order window, without needing to switch tabs.

Under the new update, Zerodha has made it easier to access the market-depth information. It will now be one click away in the order window, compared to the earlier complicated process, which led to delays.

For the F&O-related update, traders will need to activate ‘save preferences’ in their settings. The feature will be available for index, stock, commodity, and currency F&O contracts

The market protection feature can be activated by just clicking on 'Advanced' and checking the ‘Market protection’ box when placing your order. Once activated, ‘Market Protection’ will place a limit order within a set price range. If the price moves beyond this range, the order remains pending.