Indian stock exchange, Bombay Stock Exchange’s (BSE) 100% subsidiary - Marketplace Tech Infra Services (MTISPL) and Thomson Reuters have signed a Memorandum of Understanding (MoU) to deploy BEST (BSE Electronic Smart Trader), a robust, state-of-the-art hosted trading solution built on Thomson Reuters Omnesys NEST platform, for BSE members and customers.
Thomson Reuters Omnesys NEST hosted trading platform brings greater scalability, convenience, speed and transparency to the users. This hosted trading platform will be offered through various channels including dealers, investor exe and web.
BEST will supplement the existing order routing platform of MTISPL, BOW (Bolt+ On Web) to provide a single trading platform for all stock and commodity exchanges through BSE, INDIA INX, NSE, NCDEX, MCX, MSEI & ICEX.
Bombay Stock Exchange (BSE) is engaged in extensive monitoring of its members, of listed companies and of market activities in order to minimize the risk of default, promote market transparency and integrity.