“Zerodha updates the settlement price in place of LTP once they receive the BHAVCOPY from NSE, typically between 6:30 AM and 7:00 AM the following day.”
But every day NSE releases F&O Bhavcopy by 18:00 and on expiry days it may release up to 21:00, but every day in the evening itself NSE releases F&O BHAVCOPY. Why can’t Zerodha update the Closing prices of Futures and Options from Bhavcopy in 5 minutes after NSE releases it? Why are you updating it the next day?
Hi @GopiKiran
Ideally, after the market closes, a series of internal processes, including settlement, margin updates, and other backend tasks, are initiated. The duration of these processes varies depending on the specific setup. In addition to these, maintenance for the Kite platform is carried out. Consequently, only after these procedures have been successfully completed, it becomes feasible to present the client with updated data. Displaying real-time data before this point could potentially result in confusion, particularly with regard to open positions and portfolio holdings.