Co-location / proximity hosting facility offered by stock exchanges
X X X X Extracts X X X X
X X X X Extracts X X X X
.... by whatever name called) is offered by the stock exchanges to stock brokers and data vendors whereby their trading or data-vending systems are allowed to be located within or at close proximity to the premises of the stock exchanges, and are allowed to connect to the trading platform of stock exchanges through direct and private network. 2. Based on the recommendations of SEBI's Technical Advi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....icient to accommodate all the stock brokers and data vendors who are desirous of availing the facility. 3.5. provide the flexibility to avail rack space in the co-location / proximity hosting so as to meet the needs of all stock brokers desirous of availing such facility. 3.6. expeditiously decide on the request of the desirous stock brokers /data vendors for availing co-location....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ly reports on latencies observed at the exchange. 3.10. be able to identify orders emanating from the co-located servers of stock brokers and the resultant trades. Suitable statistics relating to such orders and trades shall be disseminated by the stock exchanges 4. In order to ensure that the facility of co-location / proximity hosting does not compromise integrity and security of the....
TaxTMI