Introduction :-
National Stock Exchange of India is one of the leading exchanges in the
world on several key parameters. Number of contracts traded relate
directly to the
technology and liquidity of the exchange. NSE ranks in top 3
globally for Stock Futures and Index Futures and Options. Technology at
the exchange remains
backstage to fulfill the demand for capacity, reliability
and performance ensuring the competitive edge of NSE as India’s number
one exchange platform.
Core Trading System :-
The core trading applications of NSE run on fault tolerant servers sourced from Stratus Technologies. Earlier generation of trading system was highly dependent on the growth of microprocessor industry for improved scalability. This was creating speed breakers in the growth demanded by Indian market participants. Some time back NSE architect-ed the trading system to achieve unlimited scalability. The system now has a multi layer architecture is designed for unlimited scalability at every layer. Each layer of Trading system can be scaled up by adding more hardware to the layer. The re-architectonic of the system has eased out meeting the ever growing capacity needs of Trading. This application extensively uses in-memory database technology to provide for performance needs expected from a Matching system. The matching engine response time can be measured in single digit millisecond for the thousands of transactions processed by the system every second. To complement the matching engine speed, Market Data is generated and distributed at a very high refresh frequency. Using the Multicasting the market data access is accessible to all trading members almost simultaneously.
NSE provides its customers a feature packed Trader Work Station (TWS) two Front-ends, NEAT & NEAT PLUS for all the market segments. Apart from distributing its own front end NSE also publishes the protocol that can be used by Independent Software Vendors as well as Sell Side firms to develop their own in-house systems.
Core Trading System :-
The core trading applications of NSE run on fault tolerant servers sourced from Stratus Technologies. Earlier generation of trading system was highly dependent on the growth of microprocessor industry for improved scalability. This was creating speed breakers in the growth demanded by Indian market participants. Some time back NSE architect-ed the trading system to achieve unlimited scalability. The system now has a multi layer architecture is designed for unlimited scalability at every layer. Each layer of Trading system can be scaled up by adding more hardware to the layer. The re-architectonic of the system has eased out meeting the ever growing capacity needs of Trading. This application extensively uses in-memory database technology to provide for performance needs expected from a Matching system. The matching engine response time can be measured in single digit millisecond for the thousands of transactions processed by the system every second. To complement the matching engine speed, Market Data is generated and distributed at a very high refresh frequency. Using the Multicasting the market data access is accessible to all trading members almost simultaneously.
NSE provides its customers a feature packed Trader Work Station (TWS) two Front-ends, NEAT & NEAT PLUS for all the market segments. Apart from distributing its own front end NSE also publishes the protocol that can be used by Independent Software Vendors as well as Sell Side firms to develop their own in-house systems.
Both NSC and BSC traded low today. Both the exchange closed with a low. Market seem low today as many global policies are affecting the market. epic research , works on deep analysis of stock market to predict the right market condition.
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