PSX Announces Launch of New Trading, Surveillance System with High Speed

Tue May 23 2023
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ISLAMABAD: The Pakistan Stock Exchange (PSX) announced the launch of a ‘New Trading & Surveillance System (NTS) on Tuesday, having 105 reports and 86 real-time alerts with a processing speed of 100,000 trades per second.

According to a press release issued, the state-of-the-art system has highly advanced features having high scalability and low latency with enough reliability and safety options.

The high-performance trading system can entertain 2,000 orders per second (4 million orders per day) on the available servers, and it can be boosted 100 times by simply adding more servers.

Its order processing latency is 2 milliseconds in active–active DR configuration. In addition, the trading system has unstoppable availability with automatic fail-over entertained within 10 seconds and a local disaster recovery switching time of even less than 10 minutes.

New Trading, Surveillance System to Enhance Business

NTS is a big-data-based system that integrates, analyses, and processes handsome amounts of data and has efficient real-time precaution supervision functionality enabling automated detection and early warnings, digital process flow, and visualized on-site analysis.

The scientific monitoring indicator system incorporated in the surveillance system has 130 synthetic alerts and five (5) sets of intelligent analysis indicators adding that the intelligent analysis function enables high-frequency time series matching, trade replay, multi-dimensional analysis, front-running identification, and market manipulating intelligent screening.

Similarly, Before the proper launching of NTS, some mock exercises were conducted in March and April, which were successful.

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