Organized and regulated financial market where

securities are bought and sold at prices governed

by the forces of demand and supply.

Stock
Market
Primary

Seconda
ry

BSE

NSE

Recent Developments
PAN

Securities
market

Equity financing for

SME
IPO grading
Permitting MF to invest
overseas
New Derivative
Navratna &
Miniratna
Short selling

Protection Developments
Circuit breakers
Mark to margin
Investor awareness
campaign

Technological Progress
Smart Order Routing
Algorithmic Trading
Direct Market Access
Currency future & option
Electronic trading conference

Other Developments
Shareholding in stock
exchange
Exit option to RSE
Margining of
institutional trade
Advertisement by
mutual fund
Financial Action Task
Force

Cont.
Working Group
MF : Commission to
Fee
Increase in public
shareholding norms
Application supported
by blocked amount
Uniform margin

Conclusion

Derivativ
e

Market
Reform

Institutio
nal
Investme
nt

Transparency,
efficiency, integration