Millennium Exchange is an ultra low latency, highly scalable trading platform offering low-cost solutions to exchange businesses around the world.
Tony Weeresinghe, CEO of MillenniumIT and Director of Global Development at London Stock Exchange Group said:
"We are delighted to have been chosen to provide trading and clearing technology solutions to the Delhi Stock Exchange. India is a dynamic and fast developing market and we look forward to working with the Delhi Stock Exchange to introduce a high-speed, low-cost trading solution to the Indian market."
A timetable for implementation will be announced in due course, the company said.
Part of the London Stock Exchange Group, MillenniumIT is a premier technology solutions provider serving the global capital markets industry. The company’s products currently power exchanges, depositories, brokerages and regulatory bodies in the United States, Europe, Africa and the Asia-Pacific region. In Sri Lanka, MillenniumIT is a leading information technology solutions provider, specialising in IT solutions for the financial and telecom industries. MillenniumIT also offers information technology infrastructure and consulting services.
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