The Bombay Stock Exchange (BSE) today said it has entered into an agreement with the exchange solutions provider NYSE Tech to offer high speed trading facility.
The empanelment of NYSE Technologies, which is a part of NYSE Euronext, by the BSE would help to offer high speed and low latency trading.
The agreement is one of the moves by the BSE to address growing interest in high speed trading, low latency data feeds, co-location and other services supporting automated trading by its members and their customers, the Asia's oldest bourse said in a release.
The NYSE Technologies market data infrastructure has been implemented by many traders globally.
"We are adding coverage of the BSE to our feed library based on strong customer demand and we see this as a testament to increased international interest in trading this market," NYSE Tech's regional head for Asia Peter Tierney said.
NYSE Technologies provides innovative software, market data products and data management applications and connectivity solutions.
