Sunday 2 November 2014

Trade4target : Introduction History Of National Stock Exchange

Trade4target : Introduction to National Stock Exchange

The National Stock Exchange is India's leading stock exchange covering 364 cities and towns across the country. NSE was set up by leading institutions to provide a modern, fully automated screen-based trading system with national reach. The Exchange has brought about unparalleled transparency, speed & efficiency, safety and market integrity. It has set up facilities that serve as a model for the securities industry in terms of systems, practices and procedures. Trade4target give currect information to investors of NSE.

NSE has played a catalytic role in reforming the Indian securities market in terms of microstructure, market practices and trading volumes. The market today uses state-of-art information technology to provide an efficient and transparent trading, clearing and settlement mechanism, and has witnessed several innovations in products & services. demutualisation of stock exchange governance, screen based trading, compression of settlement cycles, dematerialisation and electronic transfer of securities, securities lending and borrowing, professionalisation of trading members, fine-tuned risk management systems, emergence of clearing   

corporations to assume counterparty risks, market of debt and derivative instruments and intensive use of information technology. The National Stock Exchange of India Limited has genesis in the report of the High Powered Study Group on Establishment of New Stock Exchanges, which recommended promotion of a National Stock Exchange by financial institutions to provide access to investors from all across the country on an equal footing. Based on the recommendations, NSE was promoted by leading Financial Institutions at the behest of the Government of India and was incorporated in November 1992 as a tax-paying company unlike other stock exchanges in the country. On its recognition as a stock exchange under the Securities Contracts Act, 1956 in April 1993, NSE commenced operations in the Wholesale Debt Market segment in June 1994.Trade4target is provide full information of NSE.

The Capital Market segment commenced operations in November 1994 and operations in Derivatives segment commenced in June 2000. NSE's mission is setting the agenda for change in the securities markets in India. The NSE was NSE's mission is setting the agenda for change in the securities markets in India.

The NSE was set-up with the following objectives:
1. establishing a nation-wide trading facility for equities, debt instruments and hybrids,
2. ensuring equal access to investors all over the country through an appropriate communication network,
3. providing a fair, efficient and transparent securities market to investors using electronic trading systems,
4. enabling shorter settlement cycles and book entry settlements systems, and
5. meeting the current international standards of securities markets.

The standards set by NSE in terms of market practices and technologies have become industry benchmarks and are being emulated by other market participants. NSE is more than a mere market facilitator. It's that force which is guiding the industry towards new horizons and greater opportunities. Till the advent of NSE, an investor wanting to transact in a security not traded on the nearest exchange had to route orders through a series of correspondent brokers to the appropriate exchange. This resulted in a great deal of uncertainty and high transaction costs. One of the objectives of NSE was to provide a nation wide trading facility and to enable investors spread all over the country to have an equal access to NSE.trade4target aim is  provide to right information for investors. NSE has made it possible for an investor to access the same market and order book, irrespective of location, at the same price and at the same cost. NSE uses sophisticated telecommunication technology through which members can trade remotely from their offices located in any part of the country. NSE trading terminals are present in 363 cities and towns all over India. NSE has been promoted by leading financial institutions, banks, insurance companies and other financial intermediaries NSE is one of the first demutualised stock exchanges in the country, where the ownership and management of the Exchange is completely divorced from the right to trade on it. Though the impetus for its establishment came from policy makers in the country, it has been set up as a public limited company, owned by the leading institutional investors in the country.  provide services nifty intraday jackpot pack etc.

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