NATIONAL STOCK EXCHANGE’S EXTRANET API DISCONTINUATION

The National Stock Exchange (NSE) on December 30, 2022, issued a notification on the extranet facility –
Extranet API LIVE release.
As per National Stock Exchange’s circular number MSD55362 Exchange has decided to enhance the
Extranet API facility.
Exchange is pleased to inform members that the Extranet API facility is now made available for use in
LIVE Access to Extranet API via lease line also shall be available. Members who are desirous to use this
facility, are requested to use/connect to https://172.19.125.70:443/extranet-api
Exchange recommends that the preferred mode of accessing the Extranet API shall be via Internet,
though the facility is provided through a leased line. Extranet is used to download files provided by
exchange on day to day basis
In this regards India’s Leading options Algo vendor Greeksoft Technologies Pvt Limited has launched a
dynamic product to bridge the stock brokers needs immediately by launching Greek Extranet product to
facilitate hassle free downloading operations. This product will now allow users to download files on
daily basis and not only that users will also be able to download historical files said Mr. Jainam Gala –
Senior Products and marketing manager at Greeksoft Technologies
Apart from this, Greeksoft is Empanelled vendor across all Indian Exchanges and Abroad too and
specialized in Advance option Algos, Back office tools, PMS tools, EKYC, Risk management Systems,
Mobile and Web Based application and IBT. Known for Industry’s best support services Greeksoft has
70% Plus option volumes at NSE
Greeksoft’s Algos are known for below reasons
● Trading without Emotions to take the best profitable decision
● Handling Multiple larger trades
● Options Algorithmic Trading allows high-frequency trades by machine trading
● Supported Back Testing for following trading disciplines
● Immediate squaring off decisions on gap opening
● Multiple open positions management
● Highest Salable model handling more than a hundred open positions at one time
● Trade Analysis
● Back testing and historical references make you mentally strong for the potential losses.
● Easy optimization of a trading plan
● You cannot miss any opportunity for trade during a trading day
● More than half of the trade today is supported by Algorithms.
Algos compiled with Colocation works like cherry on the cake, Greeksoft algo offers NSE’s managed
colocation services. Colocation provides real time Tick by Tick data for enhanced execution of High

frequency trades. NSE allows brokers to keep servers in their premises, This reduces the trade latency
and the round trip order cycle which results in better average price and exploiting minute trade
opportunities.
Greeksoft offers shared colocation facility which means brokers who do not wish to opt for their own
colocated racks can hire Greeksoft for their proportionate use. This has resulted in boon for many small
and mid sized brokers not only that but huge investment banks and hedge funds are now opting
Greeksoft’s colocation to avoid their headaches. Greeksoft offers procurement, management and
deployment of hardware infra and post managed services with respect to EOD and BOD services
you can reach out to www.greeksoft.co.in for further details.

Must Read

17-Year-Old Author To Raise His First Round for His Mental Health Venture at ₹2 Crore Valuation

Dhruv Gupta, a teenager who published his first book at 16, is now on the brink of raising his first round of...

Mrinalini Sur Sthalekar Awarded “Changemaker in Social Work” at the Prestigious India Business Conclave 2024

Born in 1981, Mrinalini Sur Sthalekar's life has been a tapestry woven with threads of compassion, activism, and dedication towards serving society....

5 Industries That Will Most Likely Never Adopt a Subscription Model

The subscription model has transformed various industries, from streaming services to meal kits, by offering continuous access to products or services for...

5 Must-Try Real Estate Marketing Ideas That Will Attract Buyers

In the competitive world of real estate, innovative marketing strategies can make all the difference in attracting potential buyers. Whether you’re a...

Key Financial Metrics Every Founder Should Know About

Understanding financial metrics is essential for any startup founder. These metrics provide insights into the health and performance of the business, guiding...