The National Stock Exchange of India Limited (NSE), a pioneer in screen-based trading and a leader in technology-driven innovations, has announced significant updates for its Commodity Derivatives segment. These changes aim to address increasing market participation and enhance connectivity options for members trading in this space.
To cater to the growing demand for robust connectivity in the Commodity Derivatives segment, NSE has introduced additional high-bandwidth options for leased line connectivity. Members can now access bandwidth options of up to 300 Mbps, a notable upgrade from the previous maximum of 20 Mbps. This enhancement is made possible through the Telecom Network Integrator (TNI), SIFY Technologies Limited, which provides last-mile connectivity across Points of Presence (POP) networks.
The newly available bandwidth options include:
These options complement the existing lower bandwidth offerings of 4 Mbps, 10 Mbps, 20 Mbps, and 30 Mbps, ensuring that members have a wide range of connectivity solutions to meet their trading needs.
With over 240 members trading across more than 25 products in the Energy, Bullion, and Base Metals categories, the NSE Commodity Derivatives segment has seen unprecedented growth in volumes and participation. The upgraded connectivity infrastructure supports this growth by enabling seamless access to Multicast Tick-by-Tick (MTBT) market data broadcasts on higher bandwidths, enhancing the trading experience.
While the NSE facilitates these services through SIFY Technologies Limited, it is important to note that the Exchange itself is not a telecom service provider. The responsibility for network architecture and connectivity lies solely with the participants. NSE’s role is limited to acting as a facilitator to provide members with access to improved connectivity options.
Participants should consider the following:
The National Stock Exchange of India Limited, operational since 1994, stands as a cornerstone of India’s financial ecosystem. NSE’s achievements include being the largest derivatives exchange globally by trading volume and ranking third in equity trading volumes worldwide in 2023. The Exchange remains committed to leveraging innovation and technology to meet market demands.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 22, 2025, 3:33 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates