BSE successfully completes trade from Hyderabad DR Site on 3rd and 4th September 2015
Conducts seamless trading for two days from its new site
Mumbai, 4th September 2015: BSE successfully completed trading operations from its Disaster Recovery (DR) site in Hyderabad on 3rd & 4th of September 2015. This operation was conducted over two days. Trading across all market segments was conducted seamlessly. The number of users and trades remained customary and the entire operation concluded into a successful endeavor. The switch over to DR and coming back to PR (Primary site) has been a very seamless affair with no impact to any of its market participants.
The new disaster recovery centre of BSE is a state of the art Data centre built as per the international Tier 3 specifications with a total of 68,000 square feet area. Country’s first exchange has always been at the forefront of providing smoother trading process and seamless technology to its members. BSE is technologically the most advanced exchange in India and the seamless manner in which the operations are live from DR is also an indication of the same.
BSE is the world largest exchange in terms of number of listed companies, which stands tall at 5765. Earlier last year in 2014, BSE launched its equity trading platform software ‘BOLT Plus’. The BSE trading system (Bolt Plus) is based on T7, the global trading architecture of Deutsche Bourse AG. One of the key features of the system is its response time of approximately 200 micro seconds, making it the fastest trading platform in the country. BSE's new technology, which is open source and low cost can handle 5 lakh orders per second. BSE has also gained significant leadership in segments like BSE SME platform, BSE STAR MF, currency Derivatives, IRF, etc.
About BSE
BSE (formerly Bombay Stock Exchange Ltd.) – Established in 1875, BSE, is Asia’s first Stock Exchange and one of India’s leading exchange groups and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing. BSE also has a dedicated platform for trading in equities of small-and-medium enterprises (SME).
BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, the wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on BSE platform and provides full innovation guaranteeing the settlement of all bonafide trades executed on the BSE Platform. BSE Institute Ltd, a fully owned subsidiary of BSE, runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), a subsidiary of is one of the two central depository services in India.
Media Contact
Yatin Padia
022 22728516
Yatin.padia@bseindia.com