national stock exchange of india (nse)

NATIONAL STOCK NATIONAL STOCK EXCHANGEEXCHANGE

A PRESENTATION ON NSE

Presented by; Chit Desai 10

Farhin Ghanchi 14 Rohit Sharma 46 Namrata Singh 48

Mohit Surana 52

CONTENTSCONTENTSIntroductionPurposeAdvantagesMarketNSE GroupRoleInnovationsMilestones

INTRODUCTIONINTRODUCTION The national stock exchange of India was promoted by

leading financial institution at the bhest of government of India and was incorporated in November 1992 as a tax paying company.

In April 1993,it was recognized as a stock exchange under the securities contract(Regulation) Act, 1956…NSE commenced operation in the WDM in June 1994

The capital market segment of the NSE commenced operation in November 1994 ,while operation in the derivatives segment in June 2000

Type Stock Exchange Location Mumbai, India Founded 1992 Owner National Stock Exchange of India

Limited Key people Mr.Ravi Narain - MD Currency INR No. of listings 1810 Market Cap Rs 47,01,923 crore (2009 August) Website www.nse-india.com

MD OF NSE MR. RAVI NARAIN

PURPOSEPURPOSEEstablishing a National wide trading facility for all type

of securities.Ensuring equal access to investor all over the country

through an appropriate communication network.Providing for a Fair, efficient and transparent securities market using electronic Trading system.Enabling shorter Settlement cycles.Meeting up with international benchmark and standard.

ADVANTAGES ADVANTAGES WIDER ACCESSIBILITY SCREEN BASED TRADING NON-DISCLOSURE OF THE TRADING MEMBERS IDENTITY TRANSPARENT TRANSACTION MATCHING OF ORDERS TRADING IN DEMATERIALISED FORM

MARKETMARKETCurrently, NSE has the following major segments ofcapital market:

EQUITY FUTURE AND OPTIONS DEBT MARKET CURRENCY FUTURE MUTUAL FUND

NSE GROUPNSE GROUP

1. India Index Services &

Products Ltd. (IISL)

2. National Securities Clearing

Corporation Ltd. (NSCCL)

3. NSE.IT Ltd.

4. Dot Ex International Limited

ROLEROLERaising capital for businessesMobilizing savings for investmentFacilitating company growthProfit sharingCorporate governanceBarometer of the economy

INNOVATIONINNOVATION Setting up the first clearing corporation "National Securities

Clearing Corporation Ltd." in India. NSCCL was a landmark in providing innovation on all spot equity market (and later, derivatives market) trades in India.

Co-promoting and setting up of National Securities Depository Limited, first depository in India.

Setting up of S&P CNX Nifty.

NSE pioneered commencement of Internet Trading in February 2000, which led to the wide popularization of the NSE in the broker community.

Being the first exchange that, in 1996, proposed exchange traded derivatives, particularly on an equity index, in India. After four years of policy and regulatory debate and formulation, the NSE was permitted to start trading equity derivatives.

Being the first and the only exchange to trade GOLD ETFs (exchange traded funds) in India.

NSE has also launched the NSE-CNBC-TV18 media centre in association with CNBC-TV18.

NSE.IT Limited, setup in 1999 , is a 100% subsidiary of the National Stock Exchange of India. A Vertical Specialist Enterprise, NSE.IT offers end-to-end Information Technology (IT) products, solutions and services.

Since the success of the NSE, existent market and new market structures have followed the "NSE" model.

Mile StonesMile Stones

November 1992 IncorporationApril 1993 Recognition as a stock exchangeOctober 1995 Became largest stock exchange in the

countryApril 1996 Launch of S&P CNX NiftyNovember 1997 Best IT Usage award by Computer

Society of India.May 1998 Launch of NSE's Web-site: www.nse.co.in

February 2000 Commencement of Internet TradingJune 2000 Commencement of Derivatives Trading

(Index Futures)January 2002 Launch of Exchange Traded Funds

(ETFs)June 2007 NSE launches derivatives on Nifty Junior

& CNX 100.August 2008 Launch of Currency DerivativesNovember 2009 Launch of Mutual Fund Service

SystemFebruary 2010 Launch of Currency Futures on

additional currency pairs