Stock Exchanges are structured marketplace where affiliates of the union gather to sell firm's shares and other securities. India Stock Exchanges can either be a conglomerate/ firm or mutual group. The affiliates act as intermediaries to their patrons or as key players for their own accounts.
Stock Exchanges in India also assist the issue and release of securities and other monetary tools incorporating the fortification of revenues and dividends. The book keeping of the trade is centralized but the buying and selling is associated to a particular place as advanced marketplaces are mechanized. The buying and selling on an exchange is only open to its affiliates and ...view middle of the document...
The exchange administers around rs 1 million of buying and selling on daily basis.
It is one of the biggest VSAT incorporated stock exchange across the world.
Currently more than 8,500 customers are doing online exchange business on NSE application.
NSE Corporate Office
National Stock Exchange of India Ltd.
Plot no. C/1, G Block
Mumbai - 400 051
(b) Bombay Stock Exchange (BSE) of India
The oldest stock market in Asia, BSE stands for Bombay Stock Exchange and was initially known as "The Native Share & Stock Brokers Association." Incorporated in the 1875, BSE became the first exchange in India to be certified by the administration. It attained a permanent authorization from the Indian government in 1956 under Securities Contracts (Regulation) Act, 1956.
Over the year, the exchange company has played an essential part in the expansion of Indian investment market. At present the association is functioning as corporatised body integrated under the stipulations of the Companies Act, 1956.
Some BSE Figures and Facts
BSE exchange was the first in India to launch Equity Derivatives, Free Float Index, USD adaptation of BSE Sensex and Exchange facilitated Internet buying and selling policy
BSE exchange was the first in India to acquire the ISO authorization for supervision, clearance & Settlement
BSE exchange was the first in India to have launched private service for economic training