My friend and I have built a couple of algos and we, along with some of our friends, trade together on this platform. We are a small, closed group.
Our platform runs on Zerodha only.
We are facing a problem over the last few days (3-4 days).
Order status confirmation is taking a long time.
One of the things that we do is to rapidly react ( square off/take new positions ) when the market moves against us. This is becoming a problem for us. Not knowing the status quickly enough has resulted in us either erroring out or duplicating orders in some cases
I have also seen many orders stuck in “Validation Pending” status and we have had problems in clearing these even manually from Kite
Now, we can absolutely wait indefinitely or we could time out and try doing things manually. But that can result in a heavy loss if the market moves sharply against us
Has anyone here faced this problem and has any suggestions?