Sebi asks commodity exchanges to maintain two times of projected peak load capacity

New Delhi: Sebi came out with a new infrastructure planning and real-time performance moni-toring framework for exchanges and clearing corporations operating in the commodity deriva-tives segment, mandating that critical IT systems maintain installed capacity of at least two times the projected peak load.

The move is aimed at strengthening system resilience, ensuring con-sistent response times during high-volume trading, and enhancing oversight of technology infra-structure.

In its circular, Sebi said exchanges and clearing corporations in the commodity derivatives seg-ment will be required to maintain installed system capacity of at least two times (2x) the project-ed peak load.

Until now, commodity exchanges were required to maintain a trading system ca-pacity of at least four times the peak load under the guidelines issued in 2016.

The latest move follows industry representations and consultations with Sebi’s Technical Advi-sory Committee (TAC), and aims to strengthen the robustness, scalability and oversight of criti-cal IT infrastructure supporting commodity derivatives trading.

Further, if actual capacity utilisa-tion of any component exceeds 75 per cent of installed capacity, the exchange or clearing cor-poration is required to immediately take corrective action, such as system fine-tuning or capaci-ty enhancement.