


#ZERODHA PI DOWNLOAD FREE#
Yes it is available free of cost to all our clients, but we are putting a lot of resources behind building and running Pi. So we will continue to call this beta for now. Pi will be a continuous project, and we will keep looking at adding as many features and tools as possible in time. We are all ready for the final release on Monday, March 30th, 2015. You can track all the activity on Zconnect here. We have had over 5000 people test it out over the last 6 months, and have received over 20000 comments and suggestions via email and on Zconnect. We released the first beta in October 2014 to a selected few clients, followed by a second release last December, and on Januwe released the final beta. We love the history and its properties of irrationality and transcendence, and hence the name “Pi”. It has been represented by the Greek letter “ π” since the mid-18th century, though it is also sometimes spelled out as “ pi” ( / p aɪ /). The number π is a mathematical constant, the ratio of a circle’s circumference to its diameter, commonly approximated as 3.14159. You could logout of NEST and login to Pi, and vice versa. What this also means is that you as a client can use NEST(our current platform) and Pi simultaneously. Kite our web/mobile platform has a super simple user interface, integrated trading and reporting (Q/Quant) platform, brilliant charting, intuitive search and filters, lightning fast trading, and more. So you get the stability of the most popular and reliable execution management system in TR OMS/RMS, and also probably the best desktop trading platform in Pi. Omnesys/TR has a tried and tested OMS/RMS, and hence we decided to stick with it and change only the user interface or the trading front end. We started committing capital and working on our in-house trading platforms – Pi (desktop trading application in partnership with Tradelab) from January 2014, and Kite ( being developed by Zerodha tech team) from October 2014. We knew that if we had to make a mark in this business, we had to do a lot more than just offer the same NEST platform that everyone already did. In India, 90% of the brokerages use a vendor (mostly Omnesys or FT), and only 10% (Sharekhan, ICICIdirect, etc.) have their in-house trading, order management (OMS), and risk management platform (RMS). Omnesys helped us scale the business without impacting our bottom line because of their efficient pricing model and open source architecture. We partnered with Omnesys (now Thomson Reuters(TR)) in September 2011, a vendor for trading platforms. Our first year of business was completely run on NOW, but as we started getting bigger we had to offer more, trading on multiple exchanges (BSE, MCX, etc.), introduce advance trading products (Bracket, Cover, etc.), and more. NEAT on Web or NOW is a shared trading platform of NSE, and completely free of cost to offer for the broking firm who is a member of the exchange.

Our Journey – Trading Platformsīack when we started in August 2010 we were bootstrapped, and the only way we could get the business rolling with limited capital and work at such low brokerages was because of NSE NOW. Pi is our new in-house desktop trading application built in partnership with Tradelab, a young financial technology business building some cutting edge trading products.
