NSE – To Provide Hosting & Other Cloud Services
NSE – Thu, 17 Mar 2016 11:38:38 AM
Update on the Technology Palliatives to Dealing Member Firms on the Minimum Operating Standards
Further to the National Council’s approval for the Management of The Exchange to provide technology palliatives to Dealing Member Firms, The Exchange is pleased to announce that it will be providing a Hosting Service for all qualifying Dealing Member Firms.
Only Dealing Member Firms that have complied with all other requirements of the MOS except the Order Management System requirement would be eligible. The equipment has been ordered by The Exchange and the implementation has now begun we anticipate that the roll out to the Dealing Member Firms will commence in the third quarter of 2016; and Dealing Member Firms that are eligible for the palliative would be deemed compliant with this Order Management System aspect of the MOS Technology standard for the purpose of assessing their overall compliance level.