Metropolitan Stock Exchange successfully completes live trading from DR site

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 by Shrutee K/DNS                          

Mumbai : After successfully conducting the mock trading on 5th August 2017, from its DR site, the Metropolitan Stock Exchange of India Limited (MSE) conducted live trading in all segments of the exchange on 10th & 11th August 2017, from its New Delhi DR site. MSE has state-of-art IT infrastructure that ensures continuous availability of trading mechanism through primary data centre (Mumbai), near DR-site data centre (Mumbai) and DR site (New Delhi). Also, its subsidiary Metropolitan Clearing Corporation of India Ltd (MCCIL), carried out all intraday and post trade live operations including settlements on the above dates from the DR site.

This live trading from the DR site was conducted with no prior announcement to the market and without requiring the trading members to effect any configuration change in their systems, as per Securities and Exchange Board of India (SEBI) requirements. Trading resumed successfully from the Exchange’s primary data centre in Mumbai w.e.f Monday, the 14th August 2017.

About MSE: Metropolitan Stock Exchange of India Limited (MSE) is a SEBI-recognized stock exchange with licences to operate in currency, interest rate & equity derivatives, equity cash, ETFs and debt. Its shareholders include India’s top public and private sector banks and domestic financial institutions who together hold over 34%, besides eminent shareholders like Rakesh Jhunjhunwala, Radhakishan Damani and Nemish S. Shah. MSEI boasts of a Board of Directors with eminent personalities and a professional management to steering the company to its growth potential. In line with global best practices and regulatory requirements, clearing & settlement of trade on the exchange are through its subsidiary Metropolitan Clearing Corporation of India Ltd., an accredited Qualified Central Counterparty.

Comments

  1. Phani Kumar16 July 2020 at 02:19

    Hey, thanks for the information. your posts are informative and useful. I am regularly following your posts.
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