BSE sets up a Regional HUB in New Delhi

In a significant move to provide speedy access and low cost connectivity to member-brokers or their sub-brokers in and around New Delhi, The Stock Exchange, Mumbai (BSE) has set up and operationalised a Regional Hub in Himalaya House at Connaught Place, New Delhi. The hub in New Delhi will provide member-brokers and their sub-brokers in the region an extremely low cost connectivity to BSE systems in Mumbai and will help the Exchange to reach out to more intermediaries and investors in Delhi and surrounding areas.

The Hub has state of the art network equipment and has been connected to the Exchange in Mumbai through a Backbone link. The 64 Kbps leased line from member-brokers or sub-brokers offices within Delhi would terminate at the Hub. There would also be a back up facility in the form of local integrated services digital network (ISDN) lines in case of failure of local leased lines.

The Exchange has also stationed a Resident Engineer at New Delhi to take care of the maintenance of the Hub as also to address the user problem that may arise.

It may be recalled that the Exchange had set up an Investor Services Center at Himalaya House, New Delhi on September 2, 2002 to provide better services to investors. The Investor Service Centre marked a crucial development in expanding the scope and reach of BSE services to investors by offering them a complete range of services.