Various Stock Exchanges Inwards India - Bse, Nse Together With Otcei

1. Bombay Stock Exchange BSE

blogspot.com//search?q=what-is-stock-exchange-its-definitions">stock exchange inwards Republic of Republic of India besides equally inwards Asia. It was established inwards 1887 amongst the formation of "The Native Share together with Stock Brokers' Association". BSE is a really active stock telephone substitution amongst highest set out of listed securities inwards India. Nearly 70% to 80% of all transactions inwards the Republic of Republic of India are done lone inwards BSE. Companies traded on BSE were 3,049 past times March, 2006. BSE is forthwith a national stock telephone substitution equally the BSE has started allowing its members to set-up reckoner terminals exterior the urban nub of Bombay (former Bombay). It is the simply stock telephone substitution 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.

Image Credits © Vikram Walia.

In 2005, BSE was given the condition of a total fledged world express society along amongst a novel lift equally "Bombay Stock Exchange Limited". The BSE has computerized its trading organization past times introducing BOLT (Bombay On Line Trading) since March 1995. BSE is operating BOLT at 275 cities amongst v 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 (blogspot.com//search?q=what-is-stock-exchange-its-definitions">capital market. The require was felt past times the manufacture together with investing community since 1991. The NSE is piece of cake becoming the leading stock telephone substitution inwards price of technology, systems together with practices inwards due course of teaching of time. NSE is the largest together with close modern stock telephone substitution inwards India. In addition, it is the 3rd largest telephone substitution inwards the basis side past times side to 2 exchanges operating inwards the USA.

Image Credits © Wikimedia.

The NSE boasts of hide based trading system. In the NSE, the available organization provides consummate marketplace transparency of trading operations to both trading members together with the participates together with finds a suitable match. The NSE does non cause got trading floors equally inwards conventional stock exchanges. The trading is simply hide based amongst automated gild machine. The hide provides entire marketplace data at the press of a button. At the same time, the organization provides for concealment of the position of marketplace operations. The hide gives all data which is dynamically updated. As the marketplace participants sit down inwards their ain offices, they cause got all the advantages of dorsum utilisation support, together with facility to arrive impact 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 equally 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 equally a recognised stock telephone substitution nether the Securities Control together with Regulation Act 1956. It was promoted jointly past times the fiscal institutions similar UTI, ICICI, IDBI, LIC, GIC, SBI, IFCI, etc.

Image Credits © Siddhartha Shukla.

The Features of OTCEI are :-

1. OTCEI is a floorless telephone substitution where all the activities are fully computerised.
2. Its promoters cause got been designated equally sponsor members together with they lone 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 urban nub together with fifty-fifty across the cities. These computers let dealers to quote, inquiry & transact through a key OTC reckoner using the telecommunications links.
4. A Company which is listed on whatsoever other recognised stock telephone substitution inwards Republic of Republic of India is non permitted simultaneously for listing on OTCEI.
5. OTCEI deals inwards equity shares, preference shares, bonds, debentures together with warrants.
6. The Participants of OTCEI are :-
   1. Members together with 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 together with Government who supervise together with regulate the working.

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