October 25, 2015

BSE now eyes 200 nano second trading speed in 3 yrs

Initially, the trading system was providing 200 micro seconds response time.
After clocking a record trading speed of six micro seconds, leading stock exchange BSE is aiming for a much faster speed of 200 nano seconds for the trades executed on its platform, in the next three years.
Earlier this month, BSE had said it has became the world’s fastest stock exchange clocking a median trade speed of six micro seconds.
“We are now having a target of going for 200 nano seconds to be achieved in next three years,” BSE CIO Kersi Tavadia told PTI.
“We give time stamp (for trade execution) in nano seconds today in hope to achieve our next target,” Tavadia added.

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