Hello, We want to develop a chat viewing platform like trading view ,so where can i get live market data ? If we go to NSE website there it is mentioned that for accessing live market data we need to pay a hefty amount Rs.2200000 .Is zerodha providing any live market data (during market hour) API to develop such platform ? plz help
Yes, the KIte API provides live tick data and not tick-by-tick data that you need to set up a colocation in NSE.
Kite API provides snapshot tick data through websocket streaming; you can fetch and process live tick data through any efficient DB. One single API does support three Websocket connections with 3000 instrument tokens.
There are differences between snapshot data and tick-by-tick data. A snapshot means that you won't get all trades that's happen in exchange in a second. To be very clear, there are many trades that actually happen in the exchange, so the snapshot data provides only the best bid and ask rate with LTP. The values are almost similar with the tick-by-tick data, but the data frequency is higher for TBT data. If you are not looking to trade at high frequency, then tbt data is not required, and a snapshot is enough for the chart development process.
You can reach out to the compliance team on kiteconnect(at)zerodha.com and make sure to include the complete description of the product you are building. If you don't want to build a massive product, otherwise, it's better to use the Zerodha API for Rs. 2000 monthly, which is good for retail purposes.
Kite API provides snapshot tick data through websocket streaming; you can fetch and process live tick data through any efficient DB. One single API does support three Websocket connections with 3000 instrument tokens.
There are differences between snapshot data and tick-by-tick data. A snapshot means that you won't get all trades that's happen in exchange in a second. To be very clear, there are many trades that actually happen in the exchange, so the snapshot data provides only the best bid and ask rate with LTP. The values are almost similar with the tick-by-tick data, but the data frequency is higher for TBT data. If you are not looking to trade at high frequency, then tbt data is not required, and a snapshot is enough for the chart development process.
You can reach out to the compliance team on kiteconnect(at)zerodha.com and make sure to include the complete description of the product you are building. If you don't want to build a massive product, otherwise, it's better to use the Zerodha API for Rs. 2000 monthly, which is good for retail purposes.