The Securities and Alternate Board of India (SEBI) has proposed commodity exchanges and clearing firms to take care of twice the put in capability of the projected peak load for essential IT programs, half of the present 4 time load.
As per current pointers dated 2016, commodity exchanges are required to take care of a buying and selling system capability of a minimum of 4 instances the height load. Nevertheless, there was no readability about clearing firms and the rule utilized to solely exchanges.
The proposal follows suggestions from exchanges and observations by Sebi’s technical advisory committee, which flagged important underuse of current IT infrastructure.
The draft guidelines embody forward-looking capability planning, quarterly stress testing, and real-time automated alert programs. If utilisation crosses 75 p.c of put in capability, rapid corrective motion ought to be taken by inventory exchanges and clearing firms.
The projected peak load should be based mostly on 180-day traits and 60-day forecasts, although shorter durations will be adopted with board approval. All {hardware}, software program, and vendor programs will probably be included below the brand new framework.
Entities should additionally preserve asset registers and get utilisation thresholds authorised by their Standing Committee on Know-how (SCOT) and governing board.
The regulator has sought public feedback by July 20. As soon as finalised, implementation insurance policies should be board-approved and submitted by exchanges and CCs inside three months.
Printed on June 30, 2025