Nse trading system using satellite communication technology is called

Asked by admin @ 10/08/2021 in Economy viewed by 313 People

Technology and application system in national stock exchange in india

Answered by admin @ 10/08/2021

Technology has been the backbone of the Exchange. Providing the services to the investing community and the market participants using technology at the cheapest possible cost has been its main thrust.
NSE chose to harness technology in creating a new market design. It believes that technology provides the necessary impetus for the organisation to retain its competitive edge and ensure timeliness and satisfaction in customer service.
In recognition of the fact that technology will continue to redefine the shape of the securities industry, NSE stresses on innovation and sustained investment in technology to remain ahead of competition.
NSE is the first exchange in the world to use satellite communication technology for trading. It uses satellite communication technology to energize participation from about 2,956 VSATs from nearly 245 cities spread all over the country.
Its trading system, called National Exchange for Automated Trading (NEAT), is a state of-the-art client server based application. At the server end all trading information is stored in an in-memory database to achieve minimum response time and maximum system availability for users.
hope this helps you

Nse trading system using satellite communication technology is called

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