Zerodha - Number One Discount Broker in India

TracerBullet

Well-Known Member




I'm facing Price Stream Issue..Dunno whats the reason.
dunno, if you have shared network through router - make sure no one is using it. ( Light usage is generally fine ) . Maybe try restarting router.

For me, mtnl works well. I had tried vodafone 2g before just to try it - it was terrible.
 

Zerodha

Well-Known Member
Dear Traders,

Over the last 10 days multiple leased line and data centre faults have affected us.We have clients distributed across multiple leased lines connecting to the exchanges from our data center. Each line has one backup line as well. After almost 1 year of no issues, we have had issues crop up in rapid succession.

1. Tuesday, 3rd May at 3.20 pm, one of the lines along with the backup failed. It was too near to the closing of the market, hence we couldn't switch clients from this line to another.

2. Wednesday, 4th May at around 10.20 am, again the same lines with the backup failed. Since the exchange technology in India doesn't support active failover, took us over 20 minutes to move clients manually from one to another. Orders placed before this incident wouldn't get a status update since the clients were moved to a separate line. Hence the orders placed earlier couldn't be cancelled and status was shown pending until around 2 pm, when we could connect the old lines and reconcile.

3. Monday, 9th May at around 9.20 am. Our team worked right through the weekend to ensure the best is done so that we are ready if the leased lines were to fail again. We flew some of the team to Mumbai and worked with two different data centres and ISPs. We were also super excited about releasing the new Kite web app on Monday into which a lot of love and hard work has been put in.

You can call it extreme misfortune that our second data center in Mumbai, where Kite servers are located, developed issues with internet connectivity (although we have multiple ISPs peered to it). So connectivity was on and off for almost an hour, probably also causing an impression that it was due to the new launch. All the other platforms were working perfectly fine.

In times when there are issues, our support team is subjected to exponential increase in work load and pressure, hence slower response time. I acknowledge that we can do better to proactively inform you with regular updates in such times. We will do the same from now on https://zerodha.com/marketintel/Bulletin/

I am sorry for the inconvenience and heartache this has brought. It's extremely unfortunate that it was completely out of our control, despite all the failsafes we have in place to avoid scenarios such as these, as is the case. I want to assure all of you that, we have been doing everything possible to ensure that you have the best experience, and we will continue to do so.

Thank you for your continued support.

Nithin Kamath
 
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TracerBullet

Well-Known Member
It was too near to the closing of the market, hence we couldn't switch clients from this line to another.
Since the exchange technology in India doesn't support active failover, took us over 20 minutes to move clients manually from one to another.
Orders placed before this incident wouldn't get a status update since the clients were moved to a separate line. Hence the orders placed earlier couldn't be cancelled and status was shown pending until around 2 pm, when we could connect the old lines and reconcile.
I dont understand it and It may not be under your control, but please try to push stakeholders for above two if possible. Switching to backups takes too long and after switch your orders are stuck untill main line is back. This has happened before too and it seems will happen again by design whenever backup lines are used.
 

columbus

Well-Known Member
@ zerodha,

I do not use KITE regularly. Today I opened it , I found BO orders there.
Is it a new addition to KITE?

===========================================
Checked now ,SMS by sent by you long back.
 
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columbus

Well-Known Member
Kite

The new look of BIDS & OFFERS is a bit misleading.
Have a look at first BID. It looks more like 1,150 but it is only 150.
Give more separation between No.of bidders and quantity.

 
This is nothing new as far as zerodha is concerned. Check previous posts, this keep happening every now and then. And they will give same reply that suddenly our broadband went down. And yes, OUR BACKUP LINES ALSO WENT DOWN. i am happy that i stopped trading with zerodha long back.
http://www.traderji.com/brokers-trading-platforms/89121-zerodha-part-3-a-1290.html#post1155123
Dear Traders,

Over the last 10 days multiple leased line and data centre faults have affected us.We have clients distributed across multiple leased lines connecting to the exchanges from our data center. Each line has one backup line as well. After almost 1 year of no issues, we have had issues crop up in rapid succession.

1. Tuesday, 3rd May at 3.20 pm, one of the lines along with the backup failed. It was too near to the closing of the market, hence we couldn't switch clients from this line to another.

2. Wednesday, 4th May at around 10.20 am, again the same lines with the backup failed. Since the exchange technology in India doesn't support active failover, took us over 20 minutes to move clients manually from one to another. Orders placed before this incident wouldn't get a status update since the clients were moved to a separate line. Hence the orders placed earlier couldn't be cancelled and status was shown pending until around 2 pm, when we could connect the old lines and reconcile.

3. Monday, 9th May at around 9.20 am. Our team worked right through the weekend to ensure the best is done so that we are ready if the leased lines were to fail again. We flew some of the team to Mumbai and worked with two different data centres and ISPs. We were also super excited about releasing the new Kite web app on Monday into which a lot of love and hard work has been put in.

You can call it extreme misfortune that our second data center in Mumbai, where Kite servers are located, developed issues with internet connectivity (although we have multiple ISPs peered to it). So connectivity was on and off for almost an hour, probably also causing an impression that it was due to the new launch. All the other platforms were working perfectly fine.

In times when there are issues, our support team is subjected to exponential increase in work load and pressure, hence slower response time. I acknowledge that we can do better to proactively inform you with regular updates in such times. We will do the same from now on https://zerodha.com/marketintel/Bulletin/

I am sorry for the inconvenience and heartache this has brought. It's extremely unfortunate that it was completely out of our control, despite all the failsafes we have in place to avoid scenarios such as these, as is the case. I want to assure all of you that, we have been doing everything possible to ensure that you have the best experience, and we will continue to do so.

Thank you for your continued support.

Nithin Kamath

kriya7 predicted this kind of reply on 4 May itself !!


These zerodha guys try to sound professional, but are not serious about the massive problems which are being faced by their clients on a Daily Basis. Moreover they are just too arrogant and egoistic. For example -

http://www.traderji.com/brokers-trading-platforms/89121-zerodha-part-3-a-1287.html#post1153586
What an arrogant and shameless reply from a broker. Really these guys have lost their mind ! Pure Ego Problem and absolutely no respect for their clients. Just blaming everything on others. The threads on traderji are filled with thousands of posts about the various issues which are being faced by zerodha clients on a DAILY Basis, but these smartasses will always find some way or the other to put the blame on someone else. Really third class attitude. And hopefully you guys will be taught a lesson of humility soon. Indian brokerage market is getting competitive by the day, and such third class support replies will not work.
 
Yes, Zerodha sucks these days. because of them i lost 5000 rupees.

There Kite platform was showing order placed successfully , but it reality nothing was happening .

These ******** have target to reach 1 million mark account opened. this how they will gonna reach this mark. Oh mr. nitin kamath , If you are reading this . if you can't handle technologies don't provide them For us Only NOW is sufficient to make money. We don't need your bullshit PI Kite. No professional trader will use your PI charts they already sucks. I pay 2000 per month for charts data because your PI charts is of no use

You guys have stopped visiting this thread. why you can't handle criticism. when people were praising tub to do minute mein reply ata tha....what happen now ...

http://www.traderji.com/brokers-trading-platforms/89121-zerodha-part-3-a-1294.html#post1156022
And as correctly pointed out by Mr.arora

WHY zerodha did not bother to visit this thread and reply even once, during so many days ? When they are available here to bash traders in an arrogant manner and brag about their Top End High Class New Technology Platforms !

What kind of customer support is this ? No responsibility at all. Just same excuses over and over again.
 
This is really unfortunate for Zerodha customers(thankfully i left trading with them a while back). I am not against zerodha but guys get the basics right first. Improve infrastructure, then experiment with all this Pi,kites, APIs and Q and whatever. Most people who are helping you earn huge profits are traders (and more so intraday traders). you simply cant give such excuses. Clearly now zerodha is more into acquiring customers(as can been seen from their strategy of giving zero brok. on investment). But soon you will lose your loyal customer base which are TRADERS
 

columbus

Well-Known Member
I am sorry for the inconvenience and heartache this has brought. It's extremely unfortunate that it was completely out of our control, despite all the failsafes we have in place to avoid scenarios such as these, as is the case. I want to assure all of you that, we have been doing everything possible to ensure that you have the best experience, and we will continue to do so.

Thank you for your continued support.

Nithin Kamath
......then imagine the plight of NSE ....
 

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