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BSE
Bombay Stock Exchange is the
oldest stock exchange in Asia What is now popularly known as the BSE was established as "The Native Share & Stock Brokers' Association" in 1875.
world's number 1 exchange in the
basis on 1957.
OBJECTIVES
TRADING SYSTEM
In March 1995, the BSE introduced
offers from Jobbers book as well as the best buy and sell orders from order book
The capacity of the Tandem hardware
SURVEILLANCE SYSTEM
1. Circuit Filters
2. Margin
a. b. c.
d.
NSE
NSE
of India became operational in the capital market on 3rd November 1994 in Mumbai. The genesis of the NSE in the recommendations of the Pherwani Committee.
the Indian stock market. Lack of liquidity in terms of depth and breadth. Lack of ability to develop markets for debt. Lack of Infrastructure facilities. Lack of transparency. Lack of single market due to the inability of various stock exchanges to function cohesively with the legal structure.
OBJECTIVES
To establish a nation wide trading facility for equities,
debt instruments and hybrids. To ensure equal access to investors all over the country through appropriate communication network. To provide a fair, efficient and transparent securities market to investors. To enable shorter settlement cycle and book entry settlement system. To meet current international standards of securities market.
10 crores are listed in NSE. The software in the NSE trading system is known as National Exchange for Automated Trading (NEAT). The trading members computers are connected with the central computer at NSE through leased lines and VSAT. The communication is carried out with the help of the satellites.
TYPES OF ORDER
Time based orders
A good till day order Immediate or cancel order
ADVANTAGES
Wider accessibility
Screen based trading Non-disclosure of the trading members identity Transparent transaction Marching of orders Effective settlement of corporate benefit Trading in dematerialized for SG L facility in the debt market
Quality
More liquidity Less brokerage
Thank you!!!!!