Zerodha
Freak trade
Freak trade square-off on Zerodha
When an exchange identifies a freak trade (extremely off-market execution) and decides to annul or reverse it, Zerodha implements the action on the affected client account.
Process
- Exchange surveillance flags the trade.
- Investigation; if confirmed as a freak trade, exchange annuls.
- Affected client accounts are updated:
- Trade reversed.
- Margin / P&L restored.
- Counter-party compensated.
The user typically doesn’t need to take action; the back-office handles it.
For details
See Freak-trade loss penalty for the broader framework.
What user can do
- Notify Zerodha support if they observed a freak trade in their book.
- Request review if affected.
- Wait for exchange resolution if escalated by exchange.
See also
- Freak-trade loss penalty
- Auto square-off on Zerodha
- Margin shortfall and auto-square-off
- Exchange mass cancel reason
- Market depth view on Kite
- Average price on market depth
- Limit order
- Market order
- Market orders blocked for deep ITM index options
- Market orders blocked for long-dated options
- How to fix negative balance after market order
- SLM with trigger outside circuit limits
- Margin call timeline at Zerodha
- Circuit filters NSE BSE
- Circuit limits / price bands
- Upper / lower circuit on Zerodha trading
- Market-wide circuit breakers
- Surveillance measures and trading risks
- ASM and GSM frameworks explained
- Trade-to-Trade segment rules
- Periodic Call Auction stocks
- How to track previous auction trades on Console
- Auction market on NSE / BSE
- Kite Positions tab explained
- Zerodha hack and security incidents
- Is Zerodha safe
- Zerodha customer care number
- Zerodha
- Kite (Zerodha)
External references
References
- NSE India, Freak trade resolution, nseindia.com.
- Zerodha Support, Trade reversal, support.zerodha.com.