The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
Much is riding on the role of market intermediaries to get this platform going
Much is riding on the role of market intermediaries to get this platform going
The Bombay Stock Exchange will start a separate platform for the small and medium-size enterprises by the year-end, a top bourse official said on Wednesday.
Both the main stock exchanges have set in motion a separate platform to generate more interest and more liquidity for the small and medium enterprises (SME) segment.
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
The minister added that the exchanges should not be discouraged by the failure of past attempts at launching such a dedicated platform for small exchanges.
The Bombay Stock Exchange, Asia's oldest stock exchange, plans to launch a separate trading platform for small and medium enterprises. Sources close to the development said the BSE was preparing a strategy for an SME exchange.
The National Stock Exchange, Bombay Stock Exchange, MCX Stock Exchange and United Stock Exchange have been invited for the August 6 meet.
The move is expected to cut into the business of rival Bombay Stock Exchange (BSE).
The National Stock Exchange is chalking out a strategy to launch a separate trading platform for small and medium companies.
Ashish Chauhan is generous in his praise for his former bosses and doesn't flinch in pointing out the reasons why the BSE lost out in the initial years of the NSE.
Nifty has a virtual monopoly in the index derivatives segment.
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