Upstox runs at sub-millisecond latency for 10 million traders

<1 ms latencyfor real-time updates and fast order execution
30,000 operationsper second powered by Redis
4M active daily usersas part of a 10M+ customer base

Finding speed and performance

During the pandemic, Upstox moved from its on-prem data center to AWS, adopting Amazon ElastiCache to simplify infrastructure management. While it eased the load initially, it didn’t provide the advanced features needed to support their expanding use cases. With over 10 million customers and a focus on speed and performance, they needed a better solution that could provide affordable scaling and meet their growing demands. That’s when they turned to Redis for its advanced features, reliable support, and seamless integration with their AWS setup.

Fast, flexible infrastructure

Upstox relies on Redis to power its financial platform with a fast and reliable infrastructure. It handles key functions like caching, Pub/Sub, and a unified market data pipeline. Redis helps Upstox store and quickly access large amounts of data, including user portfolio details like asset holdings, transaction history, and performance stats, as well as live market data on top gainers, volume changes, and daily percentage changes. Redis also drives the platform’s charting tools, giving users quick access to price movements, historical trends, and trading volumes. Processing up to 30,000 operations per second, Redis centralizes data access, speeds up processing, and removes the need for storage at every app layer. This infrastructure keeps Upstox ahead in the fast-paced trading environment and empowers traders and investors with affordable, instant insights.

Staying ahead of the competition

Speed is everything in financial markets. With Redis, Upstox reaches sub-millisecond latency for order execution, market updates, and automated triggers. These markers help Upstox stay ahead of the competition and deliver the fastest, most reliable trading services to its users.

Redis also makes life easier for developers at Upstox. They spend less time on endless optimization cycles and more time building fast, reliable apps with confidence. Without post-deployment performance worries, teams are more satisfied, and new features reach users faster than ever, allowing Upstox to deliver innovations to its users faster than ever.

“

With Redis, building fast, high-performing applications is both quick and effortless, which provides immense relief for developers and their managers. They no longer have to worry about jumping back into optimization cycles after deployment—Redis just works, right out of the gate, ensuring everything runs smoothly and efficiently.

Anir Bhan BhomekSoftware Developer, Upstox

What’s next

Upstox turned to Redis Cloud to transform its trading platform. With Redis’ advanced features, it built a system that’s fast, scalable, and reliable. This move keeps Upstox leading the Indian brokerage industry, delivering its users the fastest and most reliable trading experience.