MSEI completes trading from Disaster Recovery sites

| Updated: Mar 03, 2017 01:17 IST

New Delhi [India], March 2 (ANI): Metropolitan Stock Exchange of India Limited (MSEI), the third national level exchange, today announced completion of live trading in all segments of the exchange for two consecutive days in February 2017, from its Disaster Recovery (DR) site in New Delhi. Trading was completed successfully without requiring the trading members to implement any change in their systems, as per Securities and Exchange Board of India (SEBI) requirements. Trading is conducted generally from the exchange's Primary Data Centre (PDC) in Mumbai. Recommencement of the National Institute of Securities Market (NISM) will enable trading members to meet certification requirement in respect of dealers operating trading terminals besides promoting financial literacy amongst finance/non-finance professionals and students, who are looking to build career in/or understanding of financial markets.. "This underlines the fact that MSEI has in place a robust IT infrastructure that ensures continuous availability of trading mechanism through primary data centre, near site data centre and disaster recovery (DR) site. The revival of NISM examination is part of our commitment to promote financial literacy among market participants. The diversification of product basket will further empower the exchange which is in its revival trajectory," said Abhijit Chakraborty, Chief Operating Officer, MSEI. There are various certifications offered covering equities, currency, debt, derivatives, risk management, mutual funds, depositories, merchant banking and internal audit. In order to provide more investment opportunities to investors, MSEI has commenced trading in Sovereign Gold Bonds (SGB) in the Capital Market segment of the exchange. (ANI)