MCX-SX moves co-location services to BKC

Exchange began trading from new centre with effect from Monday

As part of moving out of the premises of Financial Technologies India (FTIL), MCX Stock Exchange (MCX-SX) has moved its data centre and co-location services to the Bandra Kurla Complex (BKC). The exchange had shifted its corporate office to BKC last week. “We are essentially based out of BKC now; only the manpower from some departments are left to be shifted,” said an exchange official.

The connectivity from the new premises was tested on August 31 and live trading began on Monday, said an MCX-SX statement. “The board has identified the road map for turnaround and this was one of the important milestones. Shifting data centre to a reputed partner like Tata Communications will give MCX-SX the much-needed reduction in cost and maintaining world class service standards.

The focus will now be on developing consistent and sustainable volumes on our exchange,” said Saurabh Sarkar, managing director and CEO of MCX-SX.