India NSE: Maximum Performance for Faster Risk Computations
India’s National Stock Exchange (NSE) tests its PRISM* inline trade risk management system on an open platform based on the Intel® Xeon® processor E5-2600 v2 product family, delivering 1.55 times higher throughput performance than the previous Intel Xeon processor generation.
Located in Mumbai, India, the NSE was established in the mid-1990s as a demutualized electronic exchange. Now the eleventh largest stock exchange in the world by market capitalization, and the largest in India by daily turnover and number of trades, both for equities and derivative trading, NSE provides a modern, fully automated, screen-based trading system with over 200,000 dealer terminals through which investors in every corner of India can trade. It has a market capitalization of more than USD 1 trillion and 1,665 companies listed as of December 2012. Though India has a number of other exchanges, NSE is one of the most significant, responsible for the vast majority of share transactions. Its key index is the CNX Nifty*, now known as the NSE NIFTY* (National Stock Exchange Fifty), an index of 50 major stocks weighted by market capitalization.
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