Business Standard

Disaster recovery sites of exchanges under focus as NCDEX volumes fall

NCDEX has been trading on DR site for almost two weeks now; with volumes down, other exchanges are rechecking their own DR sites



Rajesh Bhayani Mumbai
Volumes on the National Commodity & Derivatives Exchange (NCDEX) fell sharply after the bourse shifted trading to a disaster recovery (DR) site mid-April. A DR site is an alternative scaled-down trading facility that exchanges use when the primary set-up becomes dysfunctional. 

The decision to migrate had to be taken after some cables were damaged in an accidental fire on April 16, in the building that houses the NCDEX office in Kanjurmarg, Mumbai. Trading operations were normalised a day after the exchange moved site.

The incident has brought DR operations in focus as this is perhaps the first time an exchange

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First Published: Apr 29 2018 | 11:05 PM IST

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