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BSE to launch equity cash segment on new platform in April

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Press Trust of India Mumbai
Premier stock exchange BSE Ltd will launch equity cash segment for trading on its newly launched 'Bolt Plus' platform on April 7.

"We are launching equity cash segment for trading on our Bolt Plus platform on April 7. We launched currency Futures & Options in November 2013, interest rate futures in January and equity derivatives on February 7 this year on Bolt Plus Live platform," Bombay Stock Exchange CEO and MD Ashish Chauhan told reporters here today.

The BSE trading system (Bolt Plus) is based on T7, the global trading architecture of Deutsche Bourse AG.

One of the key features of the system is its response time of approximately 200 micro seconds, making it the fastest trading platform in the country today, several times faster than its nearest competitor, Chauhan said.
 

BSE has acquired the new technology from the German derivative powerhouse Deutsche Bourse.

BSE is the fifth largest exchange in the world in terms of number of trades in equity shares, having largest number of listed companies (5,305) globally.

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First Published: Feb 26 2014 | 10:12 PM IST

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