Home » Exchange Technology » Overview

Overview

Technology forms the backbone of data-rich, transaction-driven online, real-time networked systems.

The state-of-the-art, new generation trading platform of GBOT is extremely user-friendly and adaptable, enabling the trading of futures and options products for a wide range of commodities and currencies. The Exchange Trading System, which maintains the Central Order Book, is located in Mauritius. Orders placed by the members through their Trader Work Station (TWS) from across the globe are routed to the central order book where the orders are matched based on a price time priority algorithm. Additionally, members can also use their existing front-end application through Exchange FIX Gateway which supports FIX 4.2 protocol standard.

The trading platform also incorporates a highly sophisticated and automated Risk Management System which reduces human intervention to a minimum and creates alerts based on the pre-defined parameters for risk management. This provides comfort to the market participants at all times regarding the financial integrity and transparency of the marketplace.

The hardware implemented by GBOT provides a fault tolerant environment with multiple levels of backup to ensure a very high degree of availability. The hardware incorporates best fail over options and redundancy, for all the components at exchange level and network level.

GBOT is an international exchange and members can connect to its trading platform from anywhere in the world through various modes of connectivity ranging from terrestrial links and VPNs to public networks. This guarantees ease of access for trading, clearing, settlement, payments and obtaining real time information. Customers and members can opt for their preferred medium of connectivity so that every market participant minimizes costs and maximizes benefits.