A key issue that had allegedly created a potential advantage for some stock brokers over the others was the absence of “load balancers” and ‘randomisers’” for the Tick-By-Tick (TBT) data servers of the National Stock Exchange (NSE).
The risks involved were discussed within the exchange from January 2012 onwards, according to the Securities and Exchange Board of India (SEBI) records.
A “load balancer” ensures that the load is evenly distributed among the TBT servers and the ‘randomiser’ randomly picks a connection to begin data dissemination, rather than starting with the first connection each time.
