Mumbai, May 4: The Bombay Stock Exchange (BSE) on Thursday inaugurated itsMaster Earth Station or Hub and Managed Leased Data Network, which willextend its VSAT (very small aperture terminals) catering capability, itsreach and speed of its BOLT system.The 11 metre private VSAT earth station was installed by Hughes EscortsCommunications and will allow the exchange to cater to 1,000 VSATs witharound 1,500 trader workstations in over 300 cities. By the end of thecurrent fiscal, the exchange hopes to expand its reach to around 750 cities,covering over 3,000 VSATs and 5,000 work stations.
The Rs 25-crore leased line network, the infrastrcuture for which wasprovided by Mahanagar Telephone Nigam Ltd (MTNL), allows 10-fold increase inthe speed of the system, while it also offers 1,000 Mbps connectivity, thatis 10 times the previous capacity. In recent times, BSE authorities havebeen striving to increase the order execution speed of BOLT from the current300 trades per minute. The new system is expected rectify this lacunae.
Nortel Networks Ltd of the USA provided the networking equipment at theexchange and member levels, while the network integration services wereprovided by Ramco Systems.
With the leased line network, it would be also possible for WAN-networkedmembers to trade from remote offices at speeds of 2 Mbps (64 Kbps),president of the exchange Anand Rathi said.
The exchange is also moving towards a system of encryption in order toprovide security to its members while trading on-line.
Other advantages accruing from the newly set up facilities are: multileservices deom a single communication channel, centraliseed networkmonitoring and no single point of failure in the backbone of th entirenetworks.
Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.