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    Nse National Stock Exchange

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    alen paul
    The National Stock Exchange of India (NSE) was incorporated in 1992 and recognized as a stock exchange in 1993. It commenced operations in the wholesale debt market in 1994 and the capital market/equities segment in November 1994. NSE brought transparency to financial markets by allowing anyone qualified to trade rather than restricting it to brokers. It separated ownership and management and replaced paper-based settlement with electronic depository-based accounts. NSE also created National Securities Depository Limited to allow electronic holding and trading of even single shares or bonds, improving security and attractiveness of the Indian stock market.

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    Nse National Stock Exchange

    Uploaded by

    alen paul
    156 views5 pages
    The National Stock Exchange of India (NSE) was incorporated in 1992 and recognized as a stock exchange in 1993. It commenced operations in the wholesale debt market in 1994 and the capital market/equities segment in November 1994. NSE brought transparency to financial markets by allowing anyone qualified to trade rather than restricting it to brokers. It separated ownership and management and replaced paper-based settlement with electronic depository-based accounts. NSE also created National Securities Depository Limited to allow electronic holding and trading of even single shares or bonds, improving security and attractiveness of the Indian stock market.

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    it gives all the information about national stock exchange of india. it all the information

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    Nse national stock exchange

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    The National Stock Exchange of India (NSE) was incorporated in 1992 and recognized as a stock exchange in 1993. It commenced operations in the wholesale debt market in 1994 and the capital market/equities segment in November 1994. NSE brought transparency to financial markets by allowing anyone qualified to trade rather than restricting it to brokers. It separated ownership and management and replaced paper-based settlement with electronic depository-based accounts. NSE also created National Securities Depository Limited to allow electronic holding and trading of even single shares or bonds, improving security and attractiveness of the Indian stock market.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    156 views5 pages

    Nse National Stock Exchange

    Uploaded by

    alen paul
    The National Stock Exchange of India (NSE) was incorporated in 1992 and recognized as a stock exchange in 1993. It commenced operations in the wholesale debt market in 1994 and the capital market/equities segment in November 1994. NSE brought transparency to financial markets by allowing anyone qualified to trade rather than restricting it to brokers. It separated ownership and management and replaced paper-based settlement with electronic depository-based accounts. NSE also created National Securities Depository Limited to allow electronic holding and trading of even single shares or bonds, improving security and attractiveness of the Indian stock market.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5
    At a glance
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    Some key takeaways are that NSE was established in 1992 and started operations in different segments over time to bring more transparency and efficiency to the Indian stock market.

    NSE ensured that anyone who was qualified, experienced and met minimum requirements could trade, it separated ownership and management, it provided easy access to price information, it replaced paper settlement with electronic depository accounts, and implemented a robust risk management system.

    NSE offers trading in Equities, Equity Indices, Mutual Funds, Exchange Traded Funds, Initial Public Offerings, Security Lending and Borrowing Scheme, Derivatives like Equity Derivatives and Currency Derivatives, Interest Rate Futures, and Corporate Bonds.

    The exchange was incorporated in 1992

    as a tax-paying company and was


    recognized as a stock exchange in 1993
    under the Securities Contracts
    (Regulation) Act, 1956, when P. V.
    Narasimha Rao was the Prime Minister of
    India and Manmohan Singh was the
    Finance Minister. NSE commenced
    operations in the Wholesale Debt Market
    (WDM) segment in June 1994. The capital
    market (equities) segment of the NSE
    commenced operations in November
    1994, while operations in the derivatives
    segment commenced in June 2000.

    How NSE brought about a paradigm shift in


    Financial market

    NSE was mainly set up to bring in transparency in


    the markets. Instead of trading membership being
    confined to a group of brokers, NSE ensured that
    anyone who was qualified, experienced and met
    minimum financial requirements was allowed to
    trade. In this context, NSE was ahead of its times
    when it separated ownership and management in the
    exchange under SEBI's supervision. The price
    information which could earlier be accessed only by
    a handful of people could now be seen by a client in
    a remote location with the same ease. The paperbased settlement was replaced by electronic
    depository-based accounts and settlement of trades
    was always done on time. One of the most critical
    changes was that a robust risk management system
    was set in place, so that settlement guarantees could
    protect investors against broker defaults.
    NSE was also instrumental in creating the National
    Securities Depository Limited (NSDL) which allows
    investors to securely hold and transfer their shares
    and bonds electronically. It also allows investors to
    hold and trade in as few as one share or bond. This
    not only made holding financial instruments
    convenient, but more importantly eliminated the
    need for paper certificates and greatly reduced the

    incidents of forged or fake certificates and


    fraudulent transactions that had plagued the Indian
    stock market. The NSDL's security, combined with
    the transparency, lower transaction prices and
    efficiency that NSE offered, greatly increased the
    attractiveness of the Indian stock market to domestic
    and international investors.
    Markets
    NSE offers trading in the following segments:
    Equities
    Equities
    Indices
    Mutual Funds
    Exchange Traded Funds
    Initial Public Offerings
    Security Lending and Borrowing Scheme
    Derivatives

    Equity Derivatives (including Global Indices


    like CNX 500, Dow Jones and FTSE )
    Currency Derivatives
    Interest Rate Futures
    Debt
    Corporate Bonds
    Trading schedule
    Trading on the equities segment takes place on all
    days of the week (except Saturdays and Sundays and
    holidays declared by the Exchange in advance). The
    market timings of the equities segment are:
    (1) Pre-open session
    o Order entry & modification Open: 09:00 hrs
    o Order entry & modification Close: 09:08
    hrs*
    *

    with random closure in last one minute. Pre-open


    order matching starts immediately after close of preopen order entry.

    (2) Regular trading session


    o Normal/Retail Debt/Limited Physical
    Market Open: 09:15 hrs
    o Normal/Retail Debt/Limited Physical
    Market Close: 15:30 hrs.

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