MSEI completes trading on disaster recovery site

Metropolitan Stock Exchange of India (MSEI) today announced completion of live trading in all segments on its disaster recovery (DR) site here.

Generally, disaster recovery site are maintained to ensure that there is proper back up of data and can be recovered during times of disaster.

Trading was conducted for two consecutive days in February on DR site without requiring trading members to effect any modification in their systems, as per markets regulator Sebi requirements.

Generally, trading is conducted from the exchange's primary data centre in Mumbai.

Besides, MSEI, formerly known as MCX Stock Exchange (MCX-SX), has recommenced NISM (National Institute of Securities Market) examination that will enable trading members to meet certification requirement and promote financial literacy.

"This underlines the fact that MSEI has in place a robust IT infrastructure that ensures continuous availability of trading mechanism through primary data centre, near site data centre and disaster recovery site," MSEI CEO Abhijit Chakraborty said in a statement.

"The revival of NISM examination is part of our commitment to promote financial literacy among market participants," he added.