features of stock exchange

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FEATURES OF STOCK EXCHANGE

1.Stock exchanges have been an association of

individualmembers called member broker.2.Stock exchanges

are formed for the express purpose of regulating and

facilitating the buying and selling by aninstitution at large.3.

Stock exchange operate with due recognition with govt.

under securities and contract regulation act 1956.

4.

The member brokers are middleman who transact on behalf

of public for commission.5 .BOD l imi t is g iven by SEBI.

6.

Total 13 directors are in every stock exchange.7.

Board is headed by president.8.SEBI has been set to oversee

the orderly development of stock exchange.

9.

Stock exchange list the companies who wishes to raise thefunds of

cap.from public.

10.

Stock exchange facilitates trading in securities of the publicsectorcompanies as well as govt.securities.


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11.

The recognition accorded to a stock exchange is valid for period

of 5 years subject to satisfactory performance of stock exchange

during this period.

12.

Daily total turnover of all the stock exchanges is Rs.70000crores

(approx.)13. In India only recognized stock exchanges can

operate.

14.

Stock exchanges provide finance for production outputs.15. It is a

nerve centre.

FUNCTIONS OF STOCK EXCHANGES1.It channelises the

household savings into investments.2.It plays vital role in

the development of economy of thecountry.3.Providesliq1uidity and transpirancy.4.It encourages the companies

to perform the best possible way.5.Ensure funds and capital

to flow into profitableenterprises.6.Increase the mkt value

of shares.7.Protect interest of investots.8.Provide platform

for investors to trade.9.To ensure recognized code of


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conduct.10.Stock exchanges indirectly helps in

providingemployment to millions of peoples.

LIST OF VARIOUS REGIONAL STOCK

EXCHANGES:S . N O N a m e o f S t o c k ExchangeYear of establishmentType

of Organizations1.

Bombay stock exchange

1 8 7 5 V o l u n t a r y

n o n - p r o f i t organization

2.

Ahmadabad Stock exchange

1897Voluntary non-profitorganization

3.

C a l c a t t a s t o c k

e x c h a n g e 1 9 0 8 P u b l i

c l i m i t e d company

4 . M . P s t o c k

e x c h a n g e Indore1930

Voluntary non-profitorganization5 . M a d r a s

s t o c k exchange1 9 3 7 C

o . l i m i t e d

b y guarantee6 . D e l h i

s t o c k

e x c h a n g e 1 9 4 0 P

u b l i c

l i m i t e d company7 . H y d r

a b a d

s t o c k exchange1 9 4 3 C o

. l i m i t e d

b y guarantee8 . B a n g l o r e

s t o c k exchange1 9 5 7 P v t

. C o n v e r t e d


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i n t o public

ltd.Company9 . C o c h i n

s t o c k exchange1 9 7 8 P

u b l i c

l i m i t e d company1 0 . U . Ps t o c k

e x c h a n g e kanpur 1 9 8 2 P u

b l i c

l i m i t e d company1 1 .

P u n e s t o c k

e x c h a n g e 1 9 8 2

C o . l t d .

B y guarantee


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features of stock exchange

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