The Pakistan Stock Exchange has officially announced the launch of a new trading and surveillance system. This advanced system includes 86 real-time alerts and 105 reports and has a remarkable processing speed of 100,000 trades per second.
The new system is described as highly advanced, state-of-the-art, and cutting-edge, offering scalability, low latency, and enhanced safety and reliability features. It is capable of processing 2,000 orders per second or 4 million orders per day using the current servers. By adding more servers, its capacity can be increased by 100 times.
The order processing latency of the system is 2 milliseconds in an active-active disaster recovery configuration. In addition, the system ensures constant availability with automatic fail-over completed within 10 seconds and a local disaster recovery switching time of less than 10 minutes.
The new trading and surveillance system, known as NTS, is based on big data technology. It integrates, processes, and analyzes massive amounts of data, providing efficient real-time supervision and precautionary measures. This enables automated early warnings and detection, on-site analysis, and digital process flow, enhancing the overall functionality of the system.
In simpler terms, the Pakistan Stock Exchange has introduced a highly advanced system for trading and monitoring activities. This system can handle a large number of trades per second and provides real-time alerts and reports. It is designed to be efficient, reliable, and secure, ensuring smooth operations and rapid response to any potential issues. With its advanced features and capabilities, it will contribute to the effectiveness and safety of stock exchange operations in Pakistan.
