The Bombay Stock Exchange will see the implementation of the new system developed on technology provided by the Nasdaq-owned OMX group only by the second half of 2009. The Swedish firm is still in the process of meeting the final requirements, an official said.
BSE has entered into an agreement with OMX, a Swedish firm, for new trading and clearing systems. The systems will be rolled out in mid-08.
ISB students were invited to ring closing bell at Nasdaq.
The two largest stock exchanges of the world cut salaries of their CEOs.
New York Stock Exchange (NYSE) and Nasdaq remained closed for the second consecutive day, the first time since 9/11, as superstorm Sandy swept across New York City, leaving the Wall Street powerless.
They are followed by Shenzhen SE, NYSE and Shanghai SE, as per an analysis of data compiled by the World Federation of Exchanges
If approved, the Nasdaq plan could have far-reaching effects on competition, pricing and complexity in options and stock markets.
.jpg)
India plans IPO rule changes to lure homegrown start-ups.
.jpg)
Meanwhile, NSE was also ranked first in number of equity trades for the first half of 2013 with a total of 71.18 crore (711.8 million) trades.
The NYSE accounts for more than 60 percent of S&P 500 volume at the close of the market
Technical fault was the reason behind it.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
Among the biggest winners of a successful IPO would be co-founder Evan Williams with a 12 per cent stake.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances