BSE to launch equity trading on Bolt Plus from April 7
Posted on: 24/Mar/2014 11:10:39 AM
Bombay Stock Exchange has decided to launch a equity trading on Bolt Plus from April 7.
"We have already launched currency Futures & Options in November 2013, interest rates futures in January and equity derivatives on February 7 on Bolt Plus Live platform in 2014," said Ashish Chauhan, CEO and MD, BSE.
It also upgraded its technology platform in November 2013 to BOLT+. The BSE trading system (Bolt Plus) is based on T7, the global trading architecture of Deutsche Bourse AG. One of the key features of the system is its response time of approximately 200 micro seconds, making it the fastest trading platform in the country today. BSE new technology is open source and low cost.
The technology currently offers 200 micro seconds as the order execution speed and can handle 5 lakh orders per second. Adding to this, BSE intends to increase the speed further to 20 microseconds by 2016 with an order taking capacity of 50 lakh orders per second. It has infact helped BSE to achieve highest global standards for speed, reliability and order handling capacity.
