Various Stock Exchanges Inward India - Bse, Nse As Well As Otcei

1. Bombay Stock Exchange BSE

stock exchange inwards Republic of Republic of India too every bit inwards Asia. It was established inwards 1887 amongst the formation of "The Native Share as well as Stock Brokers' Association". BSE is a real active stock central amongst highest publish of listed securities inwards India. Nearly 70% to 80% of all transactions inwards the Republic of Republic of India are done solitary inwards BSE. Companies traded on BSE were 3,049 past times March, 2006. BSE is directly a national stock central every bit the BSE has started allowing its members to set-up reckoner terminals exterior the metropolis of Bombay (former Bombay). It is the exactly stock central inwards Republic of Republic of India which is given permanent recognition past times the government. At present, (Since 1980) BSE is located inwards the "Phiroze Jeejeebhoy Towers" (28 storey building) located at Dalal Street, Fort, Mumbai. Pin code - 400021.

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In 2005, BSE was given the condition of a total fledged world express society along amongst a novel advert every bit "Bombay Stock Exchange Limited". The BSE has computerized its trading organisation past times introducing BOLT (Bombay On Line Trading) since March 1995. BSE is operating BOLT at 275 cities amongst five lakh (0.5 million) traders a day. Average daily turnover of BSE is close Rs. 200 crores.

2. National Stock Exchange NSE

Formation of National Stock Exchange of Republic of Republic of India Limited (capital market. The withdraw was felt past times the manufacture as well as investing community since 1991. The NSE is piece of cake becoming the leading stock central inwards price of technology, systems as well as practices inwards due class of time. NSE is the largest as well as nearly modern stock central inwards India. In addition, it is the tertiary largest central inwards the earth adjacent to 2 exchanges operating inwards the USA.

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The NSE boasts of covert based trading system. In the NSE, the available organisation provides consummate marketplace transparency of trading operations to both trading members as well as the participates as well as finds a suitable match. The NSE does non induce got trading floors every bit inwards conventional stock exchanges. The trading is exclusively covert based amongst automated guild machine. The covert provides entire marketplace data at the press of a button. At the same time, the organisation provides for concealment of the position of marketplace operations. The covert gives all data which is dynamically updated. As the marketplace participants sit down inwards their ain offices, they induce got all the advantages of dorsum utilization support, as well as facility to arrive acquit upon amongst their constituents.

1. Wholesale debt marketplace segment,
2. Capital marketplace segment, and
3. Futures & options trading.

3. Over The Counter Exchange of Republic of Republic of India OTCEI

The OTCEI was incorporated inwards October, 1990 every bit a Company nether the Companies Act 1956. It became fully operational inwards 1992 amongst opening of a counter at Mumbai. It is recognised past times the Government of Republic of Republic of India every bit a recognised stock central nether the Securities Control as well as Regulation Act 1956. It was promoted jointly past times the fiscal institutions similar UTI, ICICI, IDBI, LIC, GIC, SBI, IFCI, etc.

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The Features of OTCEI are :-

1. OTCEI is a floorless central where all the activities are fully computerised.
2. Its promoters induce got been designated every bit sponsor members as well as they solitary are entitled to sponsor a society for listing there.
3. Trading on the OTCEI takes house through a network of computers or OTC dealers located at unlike places inside the same metropolis as well as fifty-fifty across the cities. These computers let dealers to quote, enquiry & transact through a key OTC reckoner using the telecommunications links.
4. A Company which is listed on whatsoever other recognised stock central inwards Republic of Republic of India is non permitted simultaneously for listing on OTCEI.
5. OTCEI deals inwards equity shares, preference shares, bonds, debentures as well as warrants.
6. The Participants of OTCEI are :-
   1. Members as well as dealers appointed past times OTCEI,
   2. Companies whose securities are listed,
   3. Investors who merchandise inwards the OTCEI,
   4. Registrar who keeps custody of scrip certificates,
   5. Settlement Bank which clears the payment betwixt counters, and
   6. SEBI as well as Government who supervise as well as regulate the working.

This was a brief outline of the diverse Stock Exchanges inwards India.