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.

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