Integrated stock trading soon

ISE ties up with TCS to provide software solutions

PTI | May 18, 2010



Inter-connected Stock Exchange of India, a bourse promoted by 13 regional stock exchanges, today said it has tied up with leading outsourcing firm Tata Consultancy Services (TCS) to provide software solutions to its yet to be launched trading platform.

The software would enable multi-exchange, multi-asset class trading on a single platform, and integrates the surveillance, risk, clearing, and settlement platforms for better operational efficiency and uniformity, Inter-connected Stock Exchange (ISE) said in a press release.

ISE, would offer services like cost-effective trading, clearing and settlement, risk management and surveillance support to over 800 trading members across 79 cities in the country through its nine branches.

"The first phase will be the launch of live trading on ISE platform scheduled to begin in October 2010,? ISE Managing Director P J Mathew said.

The second phase would witness ISE hosting a trading platform especially for small and medium enterprises, ISE said in press release.

 

Comments

 

Other News

Cabinet approves museum at North-South Block complex

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday has approved the development of the Yuge Yugeen Bharat Museum (YYBM) at the North and South Block Complex, New Delhi, at an estimated total project cost of ₹3,230 crore, as appraised by the Public Investmen

Cabinet approves extension of Noida metro corridor

The Union Cabinet, chaired by prime minister Narendra Modi, has approved the extension of Aqua Line Metro Rail Corridor from Noida Sector-51 to Greater Noida Sector-04 of Noida Metro Rail Project with corridor for a length of 8.449 km with 5 elevated stations. On operationalization of this corridor, Noid

India reaffirms commitment to climate multilateralism

India has reaffirmed its commitment to climate multilateralism and the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), calling for a fair, equitable and ambitious outcome at the 31st Conference of the Parties (COP31) to the United Nations Framewo

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter