Business Standard

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

A man walks past the NSE (National Stock Exchange) building in Mumbai on December 27, 2016. (Photo: Reuters)
Premium

Khushboo TiwariAbhishek Kumar

Listen to This Article

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 19 2023 | 6:15 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com