As part of its regular BCP procedures, Qatar Stock Exchange, brokers and business partners successfully conducted an industry-wide BCP exercise at QSE premises. The proposed scenario involved a major disaster striking QSE primary data centre during the continuous trading phase of the trading session. During the simulated outage, QSE moved all critical IT operations to the secondary DR site while all brokers and business partners shifted their connectivity to the same, allowing for the resumption of a safe and orderly trading session within less than one hour. At the end of the BCP test, connectivity moved back to the primary site, thereby ensuring the normal resumption of trading on the next day following the exercise.
Commenting on the occasion, QSE CEO, Rashid Al-Mansoori stated: "We are delighted at the positive outcome of this BCP test and we want to thank all brokers, business partners,and the participating QSE staff for this success as well as the QFMA for their supervision of the event. Recent enhancements to our trading platform now allow us to fail-over trading operations and to resume trading with all previous trades and open orders standing within less than one hour. It is a clear indication of our willingness to ensure business continuity in case of major BCP events for the benefit of the local and international investor community.