The Exchange’s online trading system is designed with robust,
multi-modal secured connectivity options, providing members with
the flexibility to choose the most suitable mode for their
business operations. Members can access the trading platform
through Multi-Protocol Label Switching (MPLS) or the Internet,
each offering different levels of network latency depending on the
connectivity method and the geographical distance between the
member’s trading location and the Exchange. This flexibility
allows members to select the connectivity mode that best aligns
with their specific requirements for speed, security, and
reliability.
Internet-Based Connectivity with Hypertext Transfer Protocol Secure (HTTPS)
The HTTPS protocol with TLS provides essential security benefits when accessing trading platform. First, it ensures data confidentiality by encrypting the communication between the browser and the server, preventing unauthorized access to sensitive information like login credentials or bid details. Second, data integrity is maintained, ensuring that the information exchanged is not tampered with during transmission. The use of HTTPS with TLS provides secure connectivity for members, instilling confidence that any bidding transactions are conducted over a trusted and a secured connection. Members only need a stable internet connection and a compatible web browser to access our trading web portal. Furthermore, it helps to protect against man-in-the-middle attacks, giving users peace of mind while placing their bids through web portal or through API.
Internet-Based Connectivity with Secure Socket Layer Virtual Private Network (SSL VPN)
The Secure Sockets Layer Virtual Private Network (SSL VPN) is another key connectivity option, providing a secure channel over the internet with an encrypted connection between the user's device and Exchange Trading System. Within the Exchange Trading System, SSL devices are implemented with meticulous attention to ensuring data confidentiality, integrity, and reliability. Trading members are provided with unique user credentials, allowing them to securely access the trading platform through SSL.
MPLS Connectivity
MPLS (Multi-Protocol Label Switching) is an industry-standard technology known for its high-speed switching capabilities and widespread use in securing Virtual Private Networks (VPNs). It is a cost-effective solution that delivers a range of advanced, value-added services over a unified infrastructure, making it an ideal choice for members requiring secure and efficient communication channels.
In any robust exchange trading system, safeguarding the Confidentiality, Integrity, and Reliability (CIR) of data is paramount. MPLS is strongly recommended for members who prioritize these aspects for their bidding and other critical tasks, ensuring a secure and dependable trading environment. The Exchange facilitates access to its servers (across India) through MPLS circuits, with services sourced from reputable providers. These circuits are terminated at the Exchange’s Data Centre, ensuring secure connectivity between the member’s dedicated terminal and the Exchange’s infrastructure.