(Reuters) – The National Stock Exchange of India (NSE), the country’s largest bourse, said on Wednesday it has expanded the capacity of its co-location data centre by more than 200 racks, which house servers and storage devices.
A co-location facility lets brokers set up servers within a stock exchange, giving them quicker and easier access to price-sensitive information as well as faster connectivity.
NSE said it now has the capacity for more than 1,200 racks, making it one of the largest co-location facility providers in the world.
To meet high demand, the NSE plans to add another 300 racks by the end of the first quarter of fiscal year 2025-26 and, if the demand sustains, it will add about 2,000 racks over the next two years, the exchange said.
(Reporting by Nishit Navin in Bengaluru; Editing by Savio D’Souza)
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