Stock Exchanges In India

What is Stock Exchange?

Stock exchange is that place where trading of share is done in terms of sale and purchase

Classification

Stock Exchange

NSE

BSE

MCX

OTCEI

Bombay Stock Exchange

The oldest stock exchange in Asia Established as The Native Share &Stock Broker Association in 1875 Over the past 135 years, BSE has facilitated the growth of the Indian Corporate Sector by providing it with an efficient capital raising platform The equity market capitalization of the companies listed on the BSE was US $ 1.63 trillion as of Dec. 2010 BSE has the largest number of listed companies in the world

BSE Turnover (Quarter Wise)

Turnover - Rs. Crore
500000 450000 400000 350000 300000 250000 200000 150000 100000 50000 0

Turnover

2009 Sep to Dec Series 1 441451.26

2010 Jan to Apr 393302.25

2010 May to Aug 385011.31

2010 Sep to Dec 414942

2011 Jan to Feb 138687.32

BSE Average Daily Turnover (Quarter Wise)

Turnover - Rs. Crore
25000
20000 Turnover 15000 10000 5000 2009 Sep to Dec Series 1 21839.04 0 2010 Jan to Apr 19735.66 2010 May to Aug 17500.31 2010 Sep to Dec 19582.62 2011 Jan to Feb 6934.37

Technology
BOLT:- open outcry system with the BSE online trading facility in 1995. capacity of the BOLT platform stands presently enhanced to 80 Lakh orders per day. BSEwebx.co.in :- introduced the first centralized exchange based internet trading system. Bseindia.com:- one of the most popular financial website in India and regularly visited by financial organization or stakeholders for updates

Continued.....
Others systems: Derivative Trading & Settlement System (DTSS) Electronic Contracts Notes(ECN) Unique Client Code Registration (UCC) etc. Real Time Data Dissemination System Integrated Back Office System CDB/IDB Book Building System(BBS) Reserve Book Building System(RBBS) Debt Market Director Database

National Stock Exchange (NSE)

NSE was set up by leading institutions to provide a modern, fully automated screen based trading system. Promoted by leading financial institutions at the behest of the Government of India.

Incorporated in Nov. 1992 as a tax paying company. Today NSE, network stretches to more than 1500 locations in the country and support more than 2,30,000 terminals. Market Capitalization went up to Rs. 6,009,173 crore at the end of march.

Technology
NSE set up a separate company, NSE InfoTech Service Ltd. Which provide a platform for taking up all IT related assignments of NSE. NEAT is a state of -the art client server based application. NSE is one of the largest interactive VSAT based stock exchange in the world. NSE today allows members to provide internet trading facility to their clients through the use of NOW (NSE on Web) a shared web infrastructure.

Products

Equity

Mutual Funds Units

Exchange traded Funds

Corporate Debt

Warrants

Derivatives

Central & State Govt. Securities

Certificate of Deposits Commercial Papers

T -Bills

Market Segment
Wholesale Debt Market Segment
Provide the trading of wide range of debt securities

Capital Market Segment

Offers a fully automated screen based trading system known as National Exchange Automated Trading System

Future & Option Segment

Provides trading in derivative instruments

Currency Derivative Segment

Provides trading in US Dollar Indian Rupees (USD INR )

Total Trading Volume

Series 1
30,000,000 25,000,000 Turnover in Crore 20,000,000 15,000,000 10,000,000 5,000,000 0 Series 1 2006-07 9,520,667 2007-08 16,923,833 2008-09 14,260,729 2009-10 24,151,088

Market Capitalization
Rs. Crore
10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Jan-07 Mar-07 5,152,151 Jan-08 Mar-08 6,981,468 Jan-09 Mar-09 5,744,570 Jan-10 Mar-10 9,175,102

Turnover in Crore

Series 1

Figures as on 31st March 2010

Listed Companies Trading Members VSATs

1470 1297 2527

Participants
FIs Corporate

Banks

Primary Dealers

Foreign Banks

Over The Counter Exchange Of India (OTCEI)

Incorporated in 1990, setup to aid enterprising promoters in raising finance for new projects. To provide investors with a transparent efficient mode of trading. OTCEI introduced a screen based nation wide trading. OTCEI net profit is 17.81 lacs Its increases total turnover is Rs.1627 crore to 1678 crore

Technology
The first Indian stock exchange to introduce nationwide computerized screen based trading. State of the art, STRATUS fault tolerant computer server Trading software modeled on TCAM Software Network of Members / Dealers Spread over more than 50 cities Connectivity through combination of satellite (VSAT) & Terrestrial (Lease Line/ Dial up) modes

Participants
Members and dealers appointed by OTCEI Companies whose securities are listed Investors who trade in the OTCEI Registrar who Keeps custody of scrip certification Settlement bank which clear the payment between counters SEBI & government who supervise and regulate the working

Multi Commodity Exchange of India Ltd. (MCX)

MCX state of the art electronic commodity future exchange To facilitate online trading and clearing & settlement operations for commodity futures across the country. Demutualised exchange setup by financial technologies India Ltd.(FTIC) MCX holds market share of over 80% of the Indian commodity future market MCX is the world largest exchange in Silver, second largest in Gold, Copper and Natural Gas, and third largest in Crude Oil Futures

Products

Bullions

Metals

Energy

Oil & Oil Seeds

Plantations

Weather

Cereals

Fiber

Pulses & Others

Technology
The exchanges technology framework is designed to provide high availability for all critical components, which guarantees continuous availability of Trading facility.

MPLS Multi Protocol Label Switching ISDN Integrated Service Digital Network CTCL Computer To Computer Link

Turnover Yearly Wise

Rs. Crore
5000000 4500000 4000000 3500000 3000000 2500000 2000000 1500000 1000000 500000 0
Rs. Crore

Axis Title

2006 - 07 2293700

2007 -08 3125959

2008 -09 4588093

Turnover Monthly Wise

Rs. Crore
600000

500000
Axis Title 400000 300000 200000 100000 0 Apr-09 Apr-09 404352 May-09 May-09 423779 Jun-09 Jun-09 509355

Rs. Crore

United Stock Exchange

Incorporated on 21st September 2010. India's newest stock exchange, marks the beginning of a new chapter in the development of Indian financial markets. USEs strong bank promoter base allows a build up of a highly liquid market place for these products. Provides the necessary expertise to reach out to Indian business and individuals, educate them on the benefits of these markets. USE also boasts of Bombay Stock Exchange, as a strategic partner.

USE Indias Newest Stock Exchange

Unique public private partners ship of banks with equity investments by both PSUs and private sectors
Trust

27 Banks, 3 Trading Companies and Indias oldest exchange BSE as consortium members
Liquidity

Technology

Unparallel experience in exchange technology, clearing and settlement and trading

Technology
Fas TradeTM Fas TradeTM is a revolutionary front and trading software that allows users to trade on USE directly through a browsers. To provide a highly secure, yet fast and robust trading experience to every USE trading member

Products
Currency Future
US Dollar - Rupee Currency Future Contracts Euro Rupee Currency Future Contracts Yen Rupee Currency Futures Contract Currency Options US Dollar - Rupee Currency Options Contracts