Zerodha’s trading platform experienced another technical disruption on June 21, causing significant inconvenience for traders. During this outage, stocks like India Cement, which were no longer under the F&O ban, erroneously appeared as banned, preventing traders from placing orders. The platform has since resumed normal operations after this brief period of disruption.
This incident comes just 15 days after a previous glitch on June 3, when Zerodha encountered issues coinciding with the domestic benchmark indices reaching record highs following exit polls indicating a potential third term for PM Modi’s government in the Lok Sabha elections. Additionally, IIFL brokerage accounts also faced freezing due to large order placements surpassing margin limits, thereby preventing traders from executing derivatives positions.
