Bse and Nse: by Chellakannan.k.p
Bse and Nse: by Chellakannan.k.p
Bse and Nse: by Chellakannan.k.p
By
Chellakannan.k.p
BSE
Bombay Stock Exchange is the oldest
basis on 1957.
OBJECTIVES
establish and
safeguard the
promote
interest of
just practices in
investing public
securities.
To promote
promote, develop
industrial
and maintain well-
development in the
regulated market
country through
for dealing in
efficient resource
securities
mobilization
TRADING SYSTEM
In March 1995, the BSE introduced screen
based trading called BOLT.
BOLT is designed to get best bids and
offers from Jobbers’ book as well as the best
buy and sell orders from order book
The capacity of the Tandem hardware of
BOLT is 5,00,000 trades per day (in 6
hours).
BOLT is now a nation wide network
connected with the main computer at
Mumbai through WAN.
SURVEILLANCE SYSTEM
1. Circuit Filters
2. Margin
a. Special Margin
b. Concentration Margin
c. Additional Volatility Margin
d. Ad-hoc Margin
PROTECTION AGAINST
DEFAULT
Customer’s Protection fund.
Trade Guarantee fund.
Brokers’ contingency fund.
Insurance cover.
Investors’ grievances.
NSE