whispers in the corridors
National Stock Exchange (NSE) continuously reviews and enhances its connectivity offering, based on feedback and demand from market participants. While higher bandwidth connectivity options are available for members within the Exchange’s co-location facility for other segments such as Equity, Equity Derivatives and Currency Derivatives, these higher bandwidth options are not available for Commodity Derivatives because co-location is not permitted in commodities. With Commodity derivatives now being available on over 25 products on the NSE, across Energy, Bullion and Base metals baskets, the demand for bandwidth has increased for POP based Leased line connectivity. In line with the above, Exchange is now pleased to announce the availability of additional higher bandwidth options for last mile connectivity under leased line offering available to members across POP network by Telecom Network Integrator (‘TNI’) – SIFY Technologies Limited. Accordingly, members can now avail last mile connectivity with bandwidth options of 50 Mbps, 100 Mbps, 150 Mbps, 200 Mbps, 300 Mbps, in addition to the 4 Mbps, 10 Mbps, 20 Mbps, 30 Mbps options. The new bandwidth options shall be offered under all the POP’s offered by Telecom Network Integrator (‘TNI’) – SIFY Technologies Limited. With over 240 members now setup to trade Commodity Derivatives on NSE and the record increase in volumes and participation, the increased bandwidth options will provide enhanced and wider range of options for market access for members. With the introduction of additional higher bandwidth options, members participating in Commodity Derivatives segment can now subscribe to Multicast Tick by Tick (MTBT) market data broadcast on higher bandwidth leased lines up to 300 Mbps vis a vis current bandwidth option of 20 Mbps. A brief on leased line connectivity offering is available on Exchange website under link Types of connectivity. Disclaimers about Exchange Connectivity offering: Participants may note that, the Exchange is not a telecom service provider, however, to facilitate its participants to procure connectivity to its trading system, the Exchange has appointed SIFY Technologies Limited as Telecom Network Integrator (TNI) for ownership, management and implementation and for providing end to end telecom network connectivity (Last mile connectivity for members). It is solely a participant’s responsibility to procure and maintain their network architecture, assets, and connectivity. Participants should note that National Stock Exchange of India Limited (“NSEIL”) is only a facilitator of this service via Telecom Network Integrator (TNI). Neither NSEIL nor its directors, managers, officers, employees, or agents guarantee the functioning of the connectivity, SLAs, uptime etc. (“Service”) provided by Telecom Network Integrators and last mile telecom service providers. NSEIL does not warrant the accuracy, adequacy or completeness of this Service and expressly disclaims liability for errors or omissions in the same. NSEIL does not provide any warranty of an express or statutory nature including but not limited to the warranties of title, merchantability, fitness for a particular purpose or for any non-performance or interruption or incidents in relation to the Service. In no event, will NSEIL be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this Service or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption and/or defect. Participants shall take due care and shall solely be responsible for creating back-ups in terms of connectivity with NSEIL.
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