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On the face of it, India’s largest commodities exchange may be struggling because of the delay in switching from 63 Moons Technologies to TCS as its tech partner. But at the heart of the problem lies an excessive reliance on third-party tech vendors.

With competition in the segment intensifying, the chief business development officer of India’s largest exchange unpacks the bourse’s strategy going forward.
The market regulator is once again considering allowing colocation in the segment to pave the way for a smooth trading experience as commodity derivatives are drawing investors in hordes.
The recent layoffs at TCS have drawn attention to the chances of AI disruption in the industry. While AI is not yet directly causing staffing changes, it is definitely shaping them.