The National Stock Exchange (NSE) has recently expanded its co-location facility in Mumbai by adding over 200 new racks, bringing its total capacity to over 1,200 full rack equivalents (FRE). This move positions the NSE as one of the largest colocation facility providers in the world, offering market participants ultra-low latency access to trading data and price feeds.
The colocation facility allows trading members to place their servers at the exchange’s premises, giving them a critical advantage in technology-driven financial markets. Currently, over 200 members have subscribed to racks in the Exchange Colocation Facility, with an additional 100 members subscribing to colocation via Colocation as a Service (CaaS) model offered by the Exchange.
Due to the growing demand, the exchange plans to add over 300 more FRE capacity by the end of the June quarter, ultimately reaching a total capacity of 1,500 racks. Additionally, the NSE plans to add an additional 2,000 FRE capacity on an as-needed basis over the next two years. This expansion involves converting existing premises in Exchange Plaza, BKC into a Data Centre and relocating non-critical employees and departments to alternate office facilities in the BKC area.
Overall, the NSE’s expansion of its colocation facility in Mumbai reflects its commitment to meeting the increasing demands of market participants for high-speed, reliable trading infrastructure. This move reinforces its position as a key player in the global financial markets and underscores its dedication to providing cutting-edge technology solutions to its members.
