Stock Exchanges


 
 
Concept Explanation
 

Stock Exchanges

 A stock exchange is a form of exchange which provides services for stock brokers and traders to trade stocks, bonds and other securities.Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital event including, the payment of income and dividends.

  • Every stock exchange have certain Broker (Dalals) who are registered. Customer can buy or sell securities through broker.
  • listing is important for a conpany in stock exchange if thee company participating in trading system.
  • Any company can be listed in different stock exchange.
  • India's oldest stock exchange is BSE.
  • BSE is also known as DALAL STREET
  • The three famous stock exchange of Mumbai are BSE, NSE and OTCEI

    1. National Stock Exchange (NSE):

     National Stock Exchange (NSE) is one of the stock exchanges located in Mumbai, India, It is located Bombay and is India's first debt market. Pherwani Committee recommended establishing the National Stock Exchange (NSE) in India in the year 1991 Thus, NSE was formed in 1992 by IDBI under the authorisation of the Government of India to encourage stock exchange reform through system modernisation and competition. The trading started in mid 1994 only. Trading of treasury bills, equity shares, bonds and government securities are done via NSE. It is the 11h largest stock exchange in the world by market capitalisation and the largest in India by daily turnover and number of trades, for both equities and derivative trading.

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