This cleared the initial salvo but there are still a lot more pending after the late night World Cup game.
This cleared the initial salvo but there are still a lot more pending after the late night World Cup game.
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This cleared the initial salvo but there are still a lot more pending after the late night World Cup game.
This cleared the initial salvo but there are still a lot more pending after the late night World Cup game.
Large backlog of unsettled RFQs for me as well.
Large backlog of unsettled RFQs for me as well.
Quoting just fine, appreciate the concern
Quoting just fine, appreciate the concern
So a RFQ spammer sends 10K requests probing the combos market for weakness with zero intention to take anything unless it's 20% off market and the quoter is the bad guy for pricing accurately?
So a RFQ spammer sends 10K requests probing the combos market for weakness with zero intention to take anything unless it's 20% off market and the quoter is the bad guy for pricing accurately?
Yeah, maybe, especially if that is published somewhere.
Yeah, maybe, especially if that is published somewhere.
And clearly Kalshi agrees because they are rolling out a fix for it.
And clearly Kalshi agrees because they are rolling out a fix for it.
I think it's pretty obvious the quoters shouldn't have been tangled up in this mess and that the primary target rightfully was the RFQ request spammers that never take anything.
I think it's pretty obvious the quoters shouldn't have been tangled up in this mess and that the primary target rightfully was the RFQ request spammers that never take anything.
Bottom performing is an interesting way to phrase it
Bottom performing is an interesting way to phrase it
Extreme throughput through the RFQ channel. Thousands per second.
Extreme throughput through the RFQ channel. Thousands per second.
I don't think it's a coincidence that the 400s started getting thrown during what was probably a massively busy period for quoters, Friday afternoon during a USA World Cup game.
I don't think it's a coincidence that the 400s started getting thrown during what was probably a massively busy period for quoters, Friday afternoon during a USA World Cup game.
Good recommendation and was absolutely the next step as soon as pricing algos were established/more refined.
Good recommendation and was absolutely the next step as soon as pricing algos were established/more refined.
That is my theory as well.
That is my theory as well.
Fill rate and volume on certain odds ranges was quite good. Certainly can make updates to ignore prices/markets that weren't competitive in and that would help with fill rate and limits. Just needed some time and transparency to sort it out. Speaking strictly from a quoter/maker perspective, did not do any RFQ creation which I believe is the intended target of this countermeasure -- people who constantly scan for broken/glitched RFQs and seldom take.
Fill rate and volume on certain odds ranges was quite good. Certainly can make updates to ignore prices/markets that weren't competitive in and that would help with fill rate and limits. Just needed some time and transparency to sort it out. Speaking strictly from a quoter/maker perspective, did not do any RFQ creation which I believe is the intended target of this countermeasure -- people who constantly scan for broken/glitched RFQs and seldom take.
Sounds like they have a handle on it now at least.
Sounds like they have a handle on it now at least.
Same, 1 order same 400 invalid parameters.
Same, 1 order same 400 invalid parameters.
Seems to have been done so inadvertently, yes.
Seems to have been done so inadvertently, yes.
If by spamming you mean responding to quotes and providing liquidity, sure.
If by spamming you mean responding to quotes and providing liquidity, sure.
Thanks for the update. 429 usually a rate limit thing right? Figure something like that usually clears up in a few minutes/hours, not days. Will keep trying throughout the week.
Thanks for the update. 429 usually a rate limit thing right? Figure something like that usually clears up in a few minutes/hours, not days. Will keep trying throughout the week.
The backlog? Or the 400 errors?
The backlog? Or the 400 errors?
100% failure rate since Friday afternoon, millions in volume in the previous weeks. 400 invalid parameters.
100% failure rate since Friday afternoon, millions in volume in the previous weeks. 400 invalid parameters.
That is what I am thinking as well. So it would be nice if that was the case to be given the opportunity to tweak the code that may be viewed as malignant.
That is what I am thinking as well. So it would be nice if that was the case to be given the opportunity to tweak the code that may be viewed as malignant.
The RFQ system is insanely high volume at peak times, no getting around it. There are thousands of requests per second at times. If there is a desired fill rate of some kind that they are measuring it sure would be nice to know what to target instead of putting people in shadow-timeout.
The RFQ system is insanely high volume at peak times, no getting around it. There are thousands of requests per second at times. If there is a desired fill rate of some kind that they are measuring it sure would be nice to know what to target instead of putting people in shadow-timeout.
Sure, but the crackdown obviously scooped up some people that aren't bad actors and they should look into that.
Sure, but the crackdown obviously scooped up some people that aren't bad actors and they should look into that.
I guess there is a bug being tracked in the support channel.
I guess there is a bug being tracked in the support channel.
You're right about that isolated part. I am not even sure if there's been an acknowledgement from anyone in here so it's kind of awkward at this point 😆.
You're right about that isolated part. I am not even sure if there's been an acknowledgement from anyone in here so it's kind of awkward at this point 😆.
Yeah, only responding to RFQs/Combos, not doing anything that would be construed as spamming. Decent volume as well, 5+ million filled in the last couple weeks.
Yeah, only responding to RFQs/Combos, not doing anything that would be construed as spamming. Decent volume as well, 5+ million filled in the last couple weeks.
Saved me a lot of money last night at least with the chalk 2+ goal parlay popular combo winning.
Saved me a lot of money last night at least with the chalk 2+ goal parlay popular combo winning.
Yes, like many others here.
Yes, like many others here.
Still getting 400s here.
Still getting 400s here.
Understood. Usually the devs in here are quick to provide solutions but between this rumor and the psuedo radio silence we are getting it all seems to be pointing one direction. Would appreciate an update if/when you get one.
Understood. Usually the devs in here are quick to provide solutions but between this rumor and the psuedo radio silence we are getting it all seems to be pointing one direction. Would appreciate an update if/when you get one.
Does this mean it is true? Is Kalshi aware that many Combos Market Makers have been unable to quote since Friday afternoon?
Does this mean it is true? Is Kalshi aware that many Combos Market Makers have been unable to quote since Friday afternoon?
The silence on the topic from the devs seems to kind of confirm the theory, but doing something like that without warning and permanently seems absurd.
The silence on the topic from the devs seems to kind of confirm the theory, but doing something like that without warning and permanently seems absurd.
Still broken on my end
Still broken on my end
Still broken?
Still broken?
Same boat. 100% failure rate, invalid parameters 400 and nothing in details field.
Same boat. 100% failure rate, invalid parameters 400 and nothing in details field.
Nope, hoping a Dev can provide some insight.
Nope, hoping a Dev can provide some insight.
Seems rather systemic then. Nothing helpful returning aside from 400 invalid parameters.
Seems rather systemic then. Nothing helpful returning aside from 400 invalid parameters.
Were you able to resolve this? Still happening to me this morning.
Were you able to resolve this? Still happening to me this morning.