BSE has commenced live operations from its Disaster Recovery (DR) site in Hyderabad today for the first time. This has been set up as per SEBI regulations.
All market segments opened successfully and trading is being conducted seamlessly, according to BSE.
While the number of users and trades remains regular, this is BSE’s maiden attempt to initiate trading from its DR site.
The new DR centre of BSE is a data centre built as per the international specifications spread over a 68,000 sq.ft area. The exchange has been conducting mock trading at the new DR site for the last four weekends.
According to BSE, it is amongst most technologically advanced exchange of India and the seamless manner in which the operations are live from the Disaster Recovery centre here is also an indication of the same.
Established in 1875, BSE is the world’s largest exchange in terms of 5554 listed companies. In April 2014, BSE had launched its equity trading platform software BOLT Plus. Bolt Plus is based on 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 platforms in the country.
BSE’s open source, low cost technology has capability to handle 5 lakh orders per second, BSE said in a statement.