Indian Commodity Exchange upgrades to 'zero' data loss technology

The technology enables the system to handle very large orders with latencies under 300 microseconds

Reliance ADAG-anchored Indian Commodity Exchange Ltd (ICEX) has adopted a new technology that transfers exchange generated data from the data centre (DC) to the disaster recovery (DR) resulting in zero data loss.

Sourced from MillenniumIT (MIT), a subsidiary of London Stock Exchange Group (LSEG), the upgraded version of the technology brings ICEX into the league of exchanges with the world's best exchange technology platform. The upgraded technology platform of ICEX has advanced surveillance and risk management features at par with global best practices.

With the implementation of the new technology, ICEX becomes the first exchange in India to adopt such a global