03.09.2010 - MCX may offer co-location facility
From Business-standard.com: If implemented, it will be the first commodity exchange to offer such a facility. The Multi Commodity Exchange (MCX) plans to offer co-location facility to its broker members, which will allow them to host servers near the exchange’s trading platform, facilitating faster trades. This was the first time a leading commodity exchange had shown an interest in offering co-location to its members in India, vendors familiar with the matter said. The MCX has over 85 per cent share of the commodity futures market. However, the plan is at a preliminary stage, according to sources..............................................Full Article: Source
Print