The National Stock Exchange (NSE) plans to expand its colocation data centre at its headquarter in Mumbai for trading members with an almost three-fold increase in number of racks to over 4,000 within the next three years, sources said on Wednesday.
The expansion will be carried out at the NSE’s existing building at Exchange Plaza, Bandra Kurla.
The decision is based on member feedback and aimed at enhancing ease of operations and increasing the availability of racks for trading members.
Currently, NSE offers 1,400 racks to members, and the planned expansion will boost this capacity to over 4,000 racks within the next three years.
Further expansions will be made available as per additional requirements, they added.
Co-location facility allows stock brokers to place their servers at a stock exchange in consideration of a fee, giving them access to price data a fraction of second before other participants.
NSE, which is the largest stock exchange globally in terms of orders and tra
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