Mumbai: Country's premier stock exchange, BSE has commenced live trading from its Disaster Recovery (DR) site in Hyderabad for the first time, as per SEBI regulations.
All market segments opened successfully and trading is being conducted seamlessly, while the number of users and trades remain regular. BSE's first attempt to initiate trading from its DR site is a complete success, an exchange statement said here. BSE's new DR centre 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.
The exchange has been conducting mock trading at the new DR site for the last four weekends. BSE is the world's largest exchange in terms of number of listed companies, which stand at 5,554. In April 2014, BSE launched its equity trading platform software 'Bolt Plus', 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 microseconds, 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, the release said.
