NSE to Triple Colocation Data Centre Capacity in Mumbai HQ

The National Stock Exchange (NSE) plans to expand its colocation data centre at its Mumbai headquarters, increasing the number of racks from 1,400 to over 4,000 in three years. This move aims to improve operational ease and meet growing demand from trading members. The expansion is designed to support increasing traffic and technological demands.

The National Stock Exchange (NSE) is set to significantly expand its colocation data centre at its Mumbai headquarters, raising the number of racks for trading members from 1,400 to over 4,000 within the next three years, sources reported on Wednesday.

The upgraded facility will be located at the NSE's existing building in Exchange Plaza, Bandra Kurla, based on feedback from members with the objective of facilitating smoother operations and a higher rack availability.

Co-location services allow stock brokers to place their servers on-site for a fee, affording them a split-second advantage in accessing price data over other participants. By amplifying its infrastructure and technological capabilities, including increasing the handling capacity of order messages from 5 million to 20 million per second, the NSE aims to remain ahead in the global trading landscape.

(With inputs from agencies.)