NCDEX increases VSAT base

National Commodity & Derivatives Exchange Ltd (NCDEX) is all set to
become the country’s lar-gest online commodity excha-nge with its plan to
increase its VSAT base to 1,250. This net-work spanning across more than 250
centers in the country will enable more than 400 trading members of the
Exc-hange to undertake online commodity trading. HCL Comnet partners NCDEX in
this endeavor.

The network expansion plan comes barely within nine months of commencement of
operations in Dec 03, making NCDEX one of the fastest growing networks in the
financial sector. It is the rapid growth in members and increa-sed city
coverage, which has catalyzed this growth at NCDEX.

As part of this turnkey project HCL Comnet, apart from the base
implemen-tation will also monitor and maintain the VSAT network for NCDEX from
its central hub in NOIDA.

CyberMedia News
New Delhi

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