Koscom Completes Advanced Upgrade of Stocknet Securities Network Infrastructure

Amid the diversification of the capital market environment, including the launch of alternative trading platforms and the establishment of night trading markets for derivatives, Koscom has embarked on the advancement of 'Stock-Net,' a dedicated communication network for financial investment operations.

On the 25th, Koscom announced that it recently completed the upgrade of the network infrastructure for order and quotation networks in both spot and derivatives markets to enhance the quality of the Stock-Net service.

Provided by Koscom

Koscom Stock-Net is a dedicated communication line for financial investment operations connecting systems of the Korea Exchange, Korea Financial Investment Association, securities and futures firms, institutional investors, and related organizations. It has been operational since 1991. It supports order and execution operations and quotation information for spot and derivatives capital markets and provides an interconnection network for securities-related institutions, serving as a core network infrastructure of the capital market.

Through this advancement, the communication speed of both the order and quotation networks has improved by more than 80% compared to before, and network performance and service stability have also been enhanced. In particular, the quotation network's communication connection capacity has increased tenfold, and the number of services has more than doubled. With this capacity expansion, Koscom can smoothly handle the expected increase in quotation data due to the launch of alternative trading platforms and night trading of derivatives. This is expected to significantly improve the speed and stability of capital market information delivery.

Koscom plans to gradually advance the core network infrastructure connecting Yeouido and Busan by the end of December this year. It will replace communication equipment with the latest devices and optimize routes to improve data transmission times between Yeouido and Busan. Koscom’s ultra-high-speed optical infrastructure between Yeouido and Busan is an essential network infrastructure for operating data communication services among financial firms’ main centers, disaster recovery (DR) centers, and branches within Stock-Net.

Hyun Jung-hoon, Head of Koscom’s IT Infrastructure Business Division, said, "Through this upgrade of the order and quotation networks, capital market participants can use high-performance network services more stably. Once the network infrastructure upgrade between Yeouido and Busan is completed, the maximum capacity per line can be expanded tenfold from the current 10Gbps to 100Gbps, which will satisfy the large-capacity line service demands of securities, futures firms, and asset management clients."

This content was produced with the assistance of AI translation services.