Thursday, January 3, 2008

National Stock Exchange (NSE)

National Stock Exchange (NSE)
The National Stock Exchange of India (NSE) was incorporated in November 1992 as a tax-paying company. It is recognised under Securities Contracts (Regulation) Act, 1956 in 1993 as a stock exchange. In June 1994, it commenced operations in the Wholesale Debt Market (WDM). In November, the same year, the Capital Market (Equities) segment commenced operations and the Derivatives segment in June 2000.


NSE Group
National Securities Clearing Corporation Ltd. (NSCCL)
It is a wholly owned subsidiary, which was incorporated in August 1995 and commenced clearing operations in April 1996. It was formed to build confidence in clearing and settlement of securities, to promote and maintain the short and consitent settlement cycles, to provide a counter-party risk guarantee and to operate a tight risk containment system.
NSE.IT Ltd.
It is also a wholly owned subsidiary of NSE and is its IT arm. This arm of the NSE is uniquely positioned to provide products, services and solutions for the securities industry. NSE.IT primarily focus on in the area of trading, broker front-end and back-office, clearing and settlement, web-based, insurance, etc. Along with this, it also provides consultancy and implementation services in Data Warehousing, Business Continuity Plans, Site Maintenance and Backups, Stratus Mainframe Facility Management, Real Time Market Analysis & Financial News.
India Index Services & Products Ltd. (IISL)
It is a jointventure between NSE and CRISIL Ltd. to provide a variety of indices and index related services and products for the Indian Capital markets. It was set up in May 1998. IISL has a consulting and licensing agreement with the Standard and Poor's (S&P), world's leading provider of investible equity indices, for co-branding equity indices.
National Securities Depository Ltd. (NSDL)
NSE joined hands with IDBI and UTI to promote dematerialisation of securities. This step was taken to solve problems related to trading in physical securities. It commenced operations in November 1996.
DotEx International Limited
DotEx was formed to provide a well structured inter trading platform for the members to further offer online trading facilities to their customers. With this facility, the members can serve a larger clientele with the use of automated risk management features and hence increase the volume. The investors also get comprehensive and updated information through it.
NSE Facts

* It uses satellite communication technology to energise participation from around 400 cities in India.
* NSE can handle up to 1 million trades per day.
* It is one of the largest interactive VSAT based stock exchanges in the world.
* The NSE- network is the largest private wide area network in India and the first extended C- Band VSAT network in the world.
* Presently more than 9000 users are trading on the real time-online NSE application.

NSE Offices
Corporate Office
National Stock Exchange of India Ltd.
Exchange Plaza
Plot no. C/1, G Block
Bandra-Kurla Complex
Bandra (E)
Mumbai - 400 051
India
Tel: +(91)-(22)-26598100 - 8114
Fax: +(91)-(22)-26598120
E-mail: cc_nse@nse.co.in
Branch Offices
406 Sakar II
Near Ellis Bridge
Ahmedabad - 380 006
India
Tel: +(91)-(79)-26580212, 26580213
Fax: +(91)-(79)-2657 6123
7th Floor, Arihant Nitco Park
90, Dr. Radhakrishnan Salai
Mylapore, Chennai - 600 004
India
Tel: +(91)-(44)-28475100, 28473670
Fax: +(91)-(44)-28473633
"Thapar House" Western Wing
Mezzanine Floor
Janpath Lane, 124, Janpath
Connaught Place
New Delhi 110 001
India
Tel: +(91)-(11)-23344313 - 23344327
Fax: +(91)-(11)-23366658
H No.3-6-322
Mahavir House, IInd Floor
Chamber no.203 & 204
Basheerbagh, Hyderabad : 500029
India
Tel: +(91)-(40)-23227084, 23227085
Fax: +(91)-(40)-23227086
Ideal Plaza
11 / 1, Sarat Bose Road
Kolkata - 700 020
India
Tel: +(91)-(33)-22805950-55, 22801202 - 1205
Fax: +(91)-(33)-22831859, 22805957
NSE Website: www.nseindia.com

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