Delay in receiving ticks

ANL
@sujith Is there any delay in receiving ticks? I have noticed that there is a small 1 second delay in receiving ticks in my system. I have subscribed to just 62 tokens.
Using Unix timestamps, the parsed last traded time is "last_trade_time," "1715852874", and the recorded time in my system is 1715852875.
There is no code delay or unnecessary computation. I have checked the clock drift as well. I have observed in the Redis monitor



Tagged:
  • ANL
    ANL edited May 16
    To sum up, I have noticed some instruments time differences are high, like a difference of 5 seconds or more.
    Is this definitely because of the last traded time of illiquid or far OTM instruments?

    The last traded time will print when there is a last trade; otherwise, it won't print it, right? i.e., full mode depth will change when any changes, irrespective of trade occur.
    While streaming ticks, the last traded time and time of ticks I get will differ if the above is possible, right?

    I need to make sure the time differ from my end. Can you investigate possibilities?
  • ANL
    Today I noticed the same issue. I just added up the exchange timestamp, and it is 1 second below the ticks I am receiving. Some ticks show on time; both the current time in my system and the exchange timestamp are equal.
  • ANL
    ANL edited May 17
    Any help would be appreciated. created this thread yesterday. I have been paying KiteConnect for years. I can't take a trade due to this issue.

    tick time mismatch:

    some ticks have same time:

  • themohammedfaisal
    Hi @ANL,

    A half to one-second delay in the LTT time in the exchange broadcast would be expected. It would also depend on the instrument you are subscribed to and the liquidity in the option.

    Any delay beyond this would require some investigation.
  • ANL
    @themohammedfaisal Yes Agreed. LTT will vary depending on the instrument's liquidity. The current delay is beyond that; the current time and exchange timestamp should match, right? I have checked many times and tested with simple dummy code for time testing. I could see that time is not matching for some instruments, liquid or illiquid. If this issue is not from my end, then a 1 second delay must be resolved very quickly. Please check it out.
  • ANL
    + I don't see any clock drift issues:

    Local time: Sat 2024-05-18 11:35:16 IST
    Universal time: Sat 2024-05-18 06:05:16 UTC
    RTC time: Sat 2024-05-18 06:05:17
    Time zone: Asia/Kolkata (IST, +0530)
    System clock synchronized: yes
    NTP service: active
    RTC in local TZ: no
  • tradernoob
    It has been raised multiple times before
    They are not concerned about this because it doesn't matter for most of the traders
    Its a matter of time until someone better in the market provides better services and the crown would shift
    Simple economics
  • ANL
    ANL edited May 18
    1 second delay will not be a big issue for traders with strategies more than 10 minutes, but this delay will kill traders who trade in seconds.

    @tradernoob I am wondering why no one raised this as a serious issue, though a lot of people use the Kite API :o
  • ANL
    ANL edited May 18
    @sujith @rakeshr @themohammedfaisal
    If there is a few millisecond discrepancy in the timestamp between the current and exchange timestamps, it is acceptable and normal for retailer trading.

    Please include milliseconds for all timestamps, as nowadays more ticks per second are normal. so it's easy to differentiate.
  • ANL
    ANL edited May 19
    @tradernoob I have read all of your threads before in Q&A. If you are a pure seconds based trader and want to scale up, I think the current issues will kill your strategy.
    PS: I look up to Zerodha as the leading stock broker in the API space. And I have used many broker APIs. Some of the broker APIs provide fast market data (in orders of network delay), the problem with them is that they are not scalable. If I subscribe more than 100-200 tokens, jitter increases. (Latency gets variable).
    Which is the most efficient API for seconds based trading except the Kite Connect API? I need to receive ticks and place orders in milliseconds. As you mentioned, you had used many APIs . In my case, I don't want to subscribe to more than 100 tokens; that's enough for me. As of now, I am not facing scale up issues.

    There is some contradiction here if we analyze it in a simple way:

    >The Kite Connect team says that they are just relying on whatever ticks they get from exchange, then why is it delaying by 1 second? If they are relying on the same data, then why WS streams using this data structure that we are getting now?

    >There might be some issues with their data conversion method or exchange and Zerodha's server delays. None of the others come to mind.
  • tradernoob
    @ANL the contradiction you mentioned was exactly what I was trying to ask them previously, but it was not cleared up that time too.

    As far as fast websockets are considered, I was getting better median latency with 5paisa. But the problem with them is that the connection quality was very delicate (it would break off randomly multiple times during the day) and also the jitter was too high (suddenly the latency spikes to more than 2 minutes at times, forcing you to reconnect).

    I have moved away from such second based trading for now due to the reasons I mentioned, so I am not sure what the best provider today is.

    All I am hoping for is that someone better comes in the market and raises the bar.
  • ANL
    @tradernoob I had used the TrueData Velocity feature but not the API service, but it is widely used and I am not sure about the latency.

    The main problem I am facing is that I am working on a trading strategy that needs the current issue to be solved. I can not move away from that logic; otherwise, It's hard for me.

    The other thing is that the Kite team says the Kite API is not for latency based trades, but the real latency based trades are HFT, which can not be done by retailers. Kite API is for retailers So here are all the current issues or bugs running in the retail environment, not in the big players's environment. their game in nanoseconds to microseconds level that we can not imagine.

    I am stuck if they don't solve that issue. I hope they will take the necessary action. As retailer traders, we guys are suppressed by a lot of regulations as well as institutions, so getting good API service is like a mirage !
  • ANL
    @sujith It would be better to close this thread. I have decided to tweak my logic rather than the Kite Connect logic. You could have answered the question about whether it is possible or not. :#
Sign In or Register to comment.