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A very common name for all traders in the stockmarket, BSE, stands for Bombay Stock
Exchange. The oldest market not only in the country, but also in Asia. In the early days, BSE
was known as "The Native Share & Stock Brokers Association." It was established in the
year 1875 and became the first stock exchange in the country to be recognised by the
government. In 1956, BSE obtained a permanent recognition from the Government of India
under the Securities Contracts (Regulation) Act, 1956.
In the past and even now, it plays a pivotal role in the development of the country's capital
market. This is recognised worldwide and its index, SENSEX, is also tracked worldwide.
Earlier it was an Association of Persons (AOP), but now it is a demutualised and
corporatised entity incorporated under the provisions of the Companies Act, 1956, pursuant
to the BSE (Corporatisation and Demutualisation) Scheme, 2005 notified by the Securities
and Exchange Board of India (SEBI).
BSE Vision
The vision of the Bombay Stock Exchange is to "Emerge as the premier Indian stock
exchange by establishing global benchmarks."
BSE Management
Bombay Stock Exchage is managed professionally by Board of Directors. It comprises of
eminent professionals, representatives of Trading Members and the Managing Director. The
Board is an inclusive one and is shaped to benefit from the market intermediaries
participation.
The Board exercises complete control and formulates larger policy issues. The day-to-day
operations of BSE is managed by the Managing Director and its school of professionsl as a
management team.
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BSE Network
The Exchange reaches physically to 417 cities and towns in the country. The framework of it
has been designed to safeguard market integrity and to operate with transparency. It
provides an efficient market for the trading in equity, debt instruments and derivatives. Its
online trading system, poularly known as BOLT, is a proprietory system and it is BS 7799-2-
2002 certified. The BOLT network was expanded, nationwide, in 1997. The surveillance and
clearing & settlement functions of the Exchange are ISO 9001:2000 certified.
It is centrally located at Mumbai, which can be easily reached from Churchgate or CST (VT)
railway stations. It has a capacity of around 700 to 900 persons with state-of-the-art
infrastructure. The hall has Projection Equipment, Web-cast facility and a Business Room
with Facsimile, Internet, Photocpier and telecom equipment.
BSE Facts
BSE Helpdesk
BSE has made arrangement for a toll-free numbers which makes it easier for customers to
contact. A focussed number helps in providing best support to the customers. The toll-free
number is as mentioned below:
Toll-Free: 1600 22 6661
Members who are not in Mumbai can also call up this number without dialling the area code
of Mumbai from there local telephone line (not a STD line). Currently the facility is available
to 101 cities in India where MTNL has toll free services.