Street Signs: Beefing up colocation facility, auditors on the run & more

NSE to expand colocation facility offerings, the allotments for these racks are to be done over the next six months by the first-in, first-out method

First-in, first-out: More racks for colo

The National Stock Exchange (NSE) has announced that participants in its colocation (colo) facility will be able to apply for additional racks. The allotments for these racks are to be done over the next six months by the first-in, first-out method, the exchange said in a communiqué. Additionally, the exchange has also increased the maximum permissible internet protocol limits by up to 50 per cent. Expanding the colo facility will add to the exchange’s top line. In 2022-23, the NSE scooped up Rs 633 crore as colo charges, up from Rs 433 crore the