Today again incurred big loss due to Zerodha platform issue. Order stuck in "validation pending" state for almost half minute, and could not even cancel it!! Zerodha do you even understand importance of time in trading? Who's responsible for my loss?
@tcoZE004, This has significantly reduced ever since we added a new data center to our system recently. While you might still see delays of 3-5 seconds during market opening, I assure you this will be fixed in the coming days too.
Concerning the NSE order limits, are you talking about the order rejection outside of execution range?
@themohammedfaisal The delay for these orders was almost half minute, and not 3-4 seconds as you mentioned. Even 3-4 seconds are enough to cause some loss, and half minute is enough to almost bankrupt a trader on bad day.
Can you let me know what specifically went wrong with these 2 trades causing half minute delay?
@tcoZE004, Kite Connect is not meant for HFT. We strongly recommend not to use it, if your strategy is time-based, latency based. In order to do HFT, you need to have a set up at NSE which will cost you around 18 lakh+ per annum. If you are interested, you can drop an email at kiteconnect(at)zerodha.com and someone from the business team will connect with you.
Usually, during the market opening, there will be tens of thousands of orders per second punched by the users. The exchange lease lines have a maximum cap for the number of messages per second. Your order might be stuck in the queue. We have been doing everything in our capacity to keep improving the throughput to the exchange by adding more lease lines or whatever other means. If your strategy can't handle this kind of situation then we recommend not using Kite Connect and go for colo set up as mentioned above.
- 9:15 A.M. to 9:20 A.M.
- sometimes when market is volatile.
- sometimes it is RMS/OMS other-times its NSE with its order limits.
- when strategy is working on very close tick distance.
all in all system is geared towards failing the trader.I am saying this again. Tell Nitin to open up his own Zerodha stock exchange.
otherwise there is no reliable solution to this.
Thanks
Regards
This has significantly reduced ever since we added a new data center to our system recently. While you might still see delays of 3-5 seconds during market opening, I assure you this will be fixed in the coming days too.
Concerning the NSE order limits, are you talking about the order rejection outside of execution range?
The delay for these orders was almost half minute, and not 3-4 seconds as you mentioned. Even 3-4 seconds are enough to cause some loss, and half minute is enough to almost bankrupt a trader on bad day.
Can you let me know what specifically went wrong with these 2 trades causing half minute delay?
I think NSE Order limits is directed at me!
By NSE Order limits
i meant number of orders NSE can handle per second.
Wikipedia
Thanks
Regards
Kite Connect is not meant for HFT. We strongly recommend not to use it, if your strategy is time-based, latency based.
In order to do HFT, you need to have a set up at NSE which will cost you around 18 lakh+ per annum. If you are interested, you can drop an email at kiteconnect(at)zerodha.com and someone from the business team will connect with you.
Usually, during the market opening, there will be tens of thousands of orders per second punched by the users. The exchange lease lines have a maximum cap for the number of messages per second. Your order might be stuck in the queue. We have been doing everything in our capacity to keep improving the throughput to the exchange by adding more lease lines or whatever other means. If your strategy can't handle this kind of situation then we recommend not using Kite Connect and go for colo set up as mentioned above.