Review of guidelines for Co-location / proximity hosting facility offered by stock exchanges

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....dvisory Committee of SEBI (TAC), has reviewed the applicable provisions of the SEBI circular dated May 13, 2015 regarding guidelines to be followed by stock exchanges while facilitating co-location / proximity hosting, particularly with respect to the following: (i) Direct connectivity between colocation facilities of recognized stock exchanges. (ii) Colocation services / data centre facilities ....

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....are desirous to avail such connectivity, in a fair and equitable manner. 3. In addition to the above, in order to ensure fair and equitable access to the colocation facility it is clarified as under: (i) Colocation services provided by a third party or outsourced from a third party is deemed to be provided by the stock exchanges. Stock exchange shall ensure complete control and jurisdiction over....

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....ade applicable, including for cases such as colocation facility entirely/ partially managed by a third party and facility available to stock brokers / data vendors to connect to stock exchange's system over LAN. 5. All other conditions as specified in the aforementioned SEBI Circular shall remain unchanged. 6. This circular is not applicable to Commodity Derivatives Exchanges. 7. Stock exchange....