Sharing an experience: Change of expiry date in symbols
-
Dear friends,
I just wanted to share with you how yesterday went for us.
A change in expiry date announced just before one day was a significant event for us. This means that all F&O symbols were going to change. The fact that we are both a brokerage house and a product made it a challenge for us. There are strategies in Opstra, TradePoint and Zone. People perform chart analysis that needs continuity and we manage various F&O groups. All of these platforms are relied upon by people, especially on expiry days. There is also a dependency on the files we receive from exchanges.
You might have seen that continuity of options charts, groups in TradePoint and Zone was not affected today. In Opstra, the symbols in strategies were updated. Everything was as seamless as if the expiry symbols hadn't changed.
In order to achieve this, the team worked late into the night and has been working since the morning today. To ensure that nothing was broken, they tested everything on UAT servers and deployed it on live servers during this time.
Of course, this is part of our job. Other companies would have also done it. Unlike other brokers, we have many products of analysis to manage. Providing a seamless experience with products and brokerage was a small accomplishment of our team today. Furthermore, it indicates that we are capable of handling and that the frameworks we have built are both flexible and scalable.
From a subscriber's perspective, you should expect neither an issue nor an excuse from us. It was our job. I just shared it here as a friend as an expression of how things are at the back at times that you may not even be aware of.
