The document discusses stock exchanges in India. It provides classifications of major stock exchanges such as the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), Multi Commodity Exchange of India (MCX), Over The Counter Exchange of India (OTCEI), and United Stock Exchange. It provides brief histories and descriptions of each exchange. The BSE is the oldest stock exchange in Asia, while the NSE is one of the largest stock exchanges in the world. MCX has the largest market share for commodity futures in India.

1. Working of Stock
Exchange In India

2. What is Stock Exchange?
Stock exchange is that place where trading of
share is done in terms of sale and purchase

3. CLASSIFICATION
Stock
Exchange
BSE
NSE
MCX
OTCEI

4. • The oldest stock exchange in Asia
• Established as “The Native Share &Stock
Broker Association” in 1875.
• In 1956, the BSE became the first stock
exchange to be recognized by the Indian
Government under the Securities Contracts
Regulation Act.
• BSE has the largest number of listed companies
in the world

5. *BSE Turnover (Quarter
Wise)
Turnover
Turnover - Rs. Crore
500000
450000
400000
350000
300000
250000
200000
150000
100000
50000
0
2009 Sep to
Dec
2010 Jan to
Apr
2010 May
to Aug
2010 Sep to
Dec
2011 Jan to
Feb
Series 1 441451.26
393302.25
385011.31
414942
138687.32

6. National Stock Exchange
(NSE)
 NSE was set up by leading institutions to provide a modern, fully
automated screen based trading system.
 Promoted by leading financial institutions at the behest of the
Government of India.
 Incorporated in Nov. 1992 as a tax paying company.
 Today NSE, network stretches to more than 1500 locations in the
country and support more than 2,30,000 terminals.
 NSE is one of the largest interactive VSAT based stock exchange in the
world

7.  Multi Commodity Exchange of India Ltd (MCX) is
an independent commodity exchange based in
India
 To facilitate online trading and clearing &
settlement operations for commodity futures
across the country.
 MCX hold’s market share of over 80% of the Indian
commodity future market

 MCX is the world largest exchange in
Silver, second largest in Gold, Copper and Natural
Gas, and third largest in Crude Oil Futures

8. Over The Counter Exchange
Of India (OTCEI)
 Incorporated in 1990, setup to aid enterprising promoters in raising finance for new
projects.
 To provide investors with a transparent efficient mode of trading.
 OTCEI introduced a screen based nation wide trading.
 OTCEI introduced many novel concepts to the Indian capital markets such as
screen-based nationwide trading, sponsorship of companies, market making and
scripless trading.
 The first Indian stock exchange to introduce nationwide computerized screen based
trading.

9. United Stock Exchange
 Incorporated on 21st September 2010.
 India's newest stock exchange, marks the beginning of a new chapter in the
development of Indian financial markets.
 USE’s strong bank promoter base allows a build –up of a highly liquid
market place for these products.
 Provides the necessary expertise to reach out to Indian business and
individuals, educate them on the benefits of these markets.
 USE also boasts of Bombay Stock Exchange, as a strategic partner.
 It is the fourth pan India exchange to be launched for trading financial
instruments in India over the last 140 years.

10. Trust
Liqui
dity
Technolo
gy
27 Banks, 3 Trading
Companies and India’s oldest
exchange BSE as consortium
members

11.  The stock exchange is a necessary aspect of commerce
world-wide.
 it is true that the flow of new capital soon would slow to a
trickle without it
 The investment-banking business has built up a highly
efficient mechanism for the initial sale of securities issued
by a new enterprise