Monday October 5 2015
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: India
The BSE has announced that that it has implemented the Precision Time Protocol (PTP) in its exchange trading platform and has also started to extend it to all the members trading from its colocation facility. World exchanges are slowly migrating to Precision Time Protocol (PTP) because Network Time Protocol (NTP) is not a suitable framework in today`s ultra low latency trading platforms.
PTP offers time synchronizations in the range of nano seconds, due to which BSE has been able to leverage the accuracy in all its time stamps. This is the highest transparency and fairness which BSE has brought in for all its stakeholders. BSE provides colocation facility to members for low latency trading on 10 Gbps end-to-end fiber network.
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