BSE again faces trading glitch

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Press Trust of India Mumbai
Last Updated : Apr 09 2014 | 2:28 PM IST
BSE today witnessed a brief trading disruption, the second time this week, after it introduced a new trading platform.
The leading exchange introduced Bolt Plus, one of the fastest trading platform, on Monday. The new system has a response time of about 200 micro seconds.
Sources said there was technical glitch on the exchange for a brief period in the morning today and the same was rectified later.
On Monday also, the bourse had witnessed glitch on its new trading platform.
When contacted, a BSE spokesperson did not provide any clarification on the disruption that happened today.
BSE sources on Monday had said there was a minor glitch for four minutes, when the system migrated to new platform on that day.
The new technology offers an order execution speed of 200 microseconds and can handle 5 lakh orders per second. This is based on T7, the global trading architecture of Deutsche Borse AG.
"We have launched equity cash segment for trading on our Bolt Plus platform today. We have already launched currency Futures & Options in November 2013, interest rates futures in January and equity derivatives on February 7 this year on Bolt Plus Live platform," BSE CEO and MD Ashish Chauhan had said on Monday.
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First Published: Apr 09 2014 | 2:28 PM IST

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