There are over 1,000 brokers who access the BSE's trading platform, punching in almost 180 million orders a day. The exchange boasts of a capacity of processing 500,000 orders per second.
How do individual and brokers place their orders?
The exchange network is connected to over 10,000 main terminals across the country. These terminals are further connected to thousands of terminals operated by end-users.
Market participants with trading software installed on their computers can access this network. All these terminals are connected to the trading engine of the BSE through a very complicated network, which is operated by service providers such as HCL and Cisco.
Text: Surabhi Agarwal, Business Standard
Image courtesy: Reuters