Comment on On conspiracy theories about Zerodha
commented on
05 Sep 2019, 05:42 PM
1.Since you are the leader in your Technology stack, why rely on third-party OMS vendor for order gateway? Why not remove the handshake layer and directly talk to the exchanges using your Technology stack?
2. Its true you are leading the Technology stack from the front-end approach, your front end is cool. However the back end sucks big time and your root cause is your OMS vendor.
3. As a techie and a trader I understand your frustration with downtimes.People lose money when you guys go down, and there is no risk mitigation as well. I might be on a winning streak for 30 days but one technology glitch on you end would lose all my funds and that would be my last day of trading. This makes trading extremely unreliable.
You guys talk about automated trading. And I am big contender for automated trading. However imagine my situation – I have more than 20-50 active orders pending and then your system goes down.My trading career is over in 30 mins.