Kumar: Co-location prop trading firms generate 50% of NSE derivative volume
Ravi Kumar · BHARAT’s Decade, Stock Market & IPL Sponsorship - Upstox Co-founder & CEO Ravi Kumar on Neon Show · Sep 15, 2023 · at 9:19
Upstox CEO Ravi Kumar explains how co-location data centers and institutional algorithmic trading firms dominate Indian derivatives trading volume.
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“In fact, in the world of like futures and options trading, derivatives trading, the majority comes from what's called co-location. Which is the exchanges have their own data centers where a lot of these you know, big prop trading firms set up shop. And you know, so the NSC co-location side, for example, may have like, 152 hundred different customers, but these guys do 50% of all of NSC FNO's volumes and a significant amount of cash as well.”
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