Monday 31 October 2011

Trading on BSE through ''NoW''

  • Monday 31 October 2011
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  • NSE is pleased to announce that some members have begun to connect their servers in co-location facility offered by NSE to their other servers located in facilities offered by BSE or by other reputed third party infrastructure providers. Members can also provide inter-exchange algo trading from servers in co-location facility or servers located outside. In addition, all NSE market segments will be available shortly on FoW (Fast Trade on Web) a facility provided by Market Place Infratel Pvt. Ltd., a subsidiary of BSE. Similarly, all BSE market segments will be available shortly on NoW (NEAT on Web) a facility provided by DOTEX, a subsidiary of NSE.

    NSE has issued a NSE circular pertaining to trading on BSE through NoW (NEAT on Web)  and details for the same are as appended below:

    NSE is pleased to announce that some members have begun to connect their servers in co-location facility offered by NSE to their other servers located in facilities offered by BSE or by other reputed third party infrastructure providers.

    Members can also provide inter-exchange algo trading from servers in co-location facility or servers located outside. In addition, all NSE market segments will be available shortly on FoW (Fast Trade on Web) a facility provided by Market Place Infratel Pvt. Ltd., a subsidiary of BSE. Similarly, all BSE market segments will be available shortly on NoW (NEAT on Web) a facility provided by DOTEX, a subsidiary of NSE.

    This is a remarkable feat and if it becomes feasible to settle trades of both exchanges at a single platform one will be able to undertake the arbitrage opportunity available on one exchange without any problem. Do remember to visit the website for daily free Nifty tips and make money like professionals in the market.

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