BSE begins operations from Hyderabad DR site

Published on March 13, 2015 18:46:05 PM
Business
As per the Sebi regulations, BSE began live trading operations from its Disaster Recovery (DR) site in Hyderabad for the first time.

BSE kicked off the operations successfully, while the number of users and traders remain regular.

BSE's new DR centre is built as per the international Tier 3 specifications with a total of 68,000 square feet area.

BSE has been carrying mock trading at the Hyderabad site for the last four weekends.

BSE is considered to be one of Asia’s fastest stock exchanges with a speed of 200 microseconds.

BSE is the world's largest exchange in terms of number of listed companies, which stand at 5,554 and world’s 10th largest stock exchange in terms of market capitalization at $1.7 trillion as of 23 January 2015.

BSE introduced 'Bolt Plus', its equity trading platform software based on T7, the global trading architecture of Deutsche Bourse AG on April 2014.

BSE's new technology is an open source with low cost and can handle 5 lakh orders per second.

BSE has also gained significant leadership in segments like BSE SME platform, BSE STAR MF, currency derivatives and IRF.