NSE expands co-location capacity by over 200, another 300 in offing

The National Stock Exchange is making a significant move to expand its colocation facilities, adding over 200 new racks and planning another 300 in the coming months. This strategic expansion will boost their total capacity to 1500 racks, positioning them as a major global player in trading infrastructure. The exchange is converting existing office space in Mumbai's BKC area into a data center to accommodate this growth. By continuously augmenting their facilities, NSE is responding directly to market participant demands and technological needs.

"To create the aforesaid capacities, the existing premises in Exchange Plaza, BKC is planned to be converted to a Data Centre" - NSE Statement

by ANI January 8, 2025 100 views

New Delhi, January 8: The National Stock Exchange introduced and released over 200 Full Rack Equivalent (FRE) capacity of various variants in colocation facilities at the start of the New Year 2025 -- on January 3.

Key Points

1. NSE introduces over 200 new Full Rack Equivalent colocation spaces

2. Plans additional 300 racks by Q1 2025-26

3. Targeting 1500 total rack capacity

4. Aims to become largest global colocation provider

In a statement, the stock exchange said it continued to review and augment the capacity of available racks in the colocation facility in phases, based on feedback and demand from market participants.

With the introduction of the new phases, NSE claims it is now one of the largest co-location facility providers in the world with a combined capacity of over 1200 Full Rack Equivalent (FRE) capacity being made available to market participants.

Currently, over 200 members have subscribed to racks in the Exchange Colocation Facility and over 100 members have subscribed to colocation via Colocation as a Service (CaaS) model being provided by NSE.

Looking at the demand dynamics, NSE plans to add over 300 more capacity by the end of the first quarter of the upcoming financial year 2025-26 at its Mumbai BKC site. The addition will take the capacity to 1500 racks in the next three months at its BKC site.

Further, NSE also plans to add approximately 2,000 Full Rack Equivalent (FRE) capacity, on a need basis, in a phased manner over the next two years.

"To create the aforesaid capacities, the existing premises in Exchange Plaza, BKC is planned to be converted to a Data Centre and non-critical employees/departments currently operating from the Exchange Plaza premises are being relocated to alternate office facilities which have been identified within the BKC area," said the exchange in the statement.

NSE began operations in 1994.

NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings.

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