Impact of Intermittent Issues at CDSL

Intermittent Issues at CDSL are Resolved

20 November 20222 mins read by Angel One

CDSL was intermittently down on 17th & 18th Nov & resumed on 20th Nov. Few regular services like Settlements & Portfolio on Angel One got impacted. The services are now resumed as CDSL is up.

Intermittent Issues at CDSL are Resolved

What is happening at CDSL

CDSL has isolated its systems from all broking platforms and other intermediaries involved in capital markets as a security measure on 18th and 19th November. CDSL has restored all connections today and services on Angel One will run as expected from 20th November.

How does it impact broking platforms ?

Angel One and other broking platforms consume information from CDSL to process funds/ withdrawals. Broking platforms also utilize CDSL services to display holdings and P&L on your portfolio.

Below are the services that are impacted across Angel One website and mobile applications:

Funds pay-in and pay-out will be delayed
Holdings & P&L values on portfolio might be inaccurate
Trades done on Friday (18/11) might not get booked under MTF and the positions might get squared off on T+7
Users will not see enhanced limits based on their pledged Holdings
Margin requirement displayed for buy/sell might be inaccurately reported

Note : The above services were restored on 20th November

Angel One Says

CDSL has resolved the intermittent issues and all the impacted services on Angel One, mentioned above will resume today.

"Prevent Unauthorised transactions in your Trading/Demat Account. Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/CDSL at the end of the day. Issued in the interest of investors."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf. We do not share our research reports or our clients’ personal or financial data with any third parties and have not authorized any such person to represent us in any manner. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker."
"Issued in public interest by Angel One Limited, having its registered office at 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai - 400093, Telephone: +91 22 4000 3600, Fax: + 91 22 2835 8811."

Intermittent Issues at CDSL are Resolved

What is happening at CDSL

How does it impact broking platforms ?

Angel One Says

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