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NATIONAL STOCK EXCHANGE

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  • 1. NSESubmitted toProf R K RAULDean of JNSMS ByASSAM UNIVERSITY Sujoy kr paul ,03 Abhishek dutta 07 Prithwiraj das ,08

2. NSE - Corporate Office National Stock Exchange of IndiaLtd.Exchange Plaza,Plot no. C/1, G Block,Bandra-Kurla ComplexBandra (E)Mumbai - 400 051. Tel No: (022) 26598100 - 8114Fax No: (022) 26598120 3. NSE In November 1992 on the recommendation of the High Powered Study Group On Establishment of New stock exchange Report to the Govt of India paved the way for the promotion of National Stock Exchange by Leading financial institution to provide access to investor from all across the country on equal footing. 4. The National Stock Exchange was first formed in1992 as a tax-paying company, a first for stockexchanges in India. The NSE moved into thewholesale debt market and the capital market in 1994, and the derivatives market in 2000. NSE also engages in Internet trading, exchange traded funds (ETF) and started Indias first volatility index in 2008. The NSE was also the first India exchange to begin current and interest rate futures exchanges. 5. Promoters IDBI LTD IFCI LTD LIC LTD SBI ICICI BANK LTD IL & FC TRUST COMPANY LTD SHCI LTD SBI CAPITAL MARKET LTD 6. BANK OF BARODA CANARA BANK GENERAL INSURANCE CORPORATION OF INDIA NATIONAL INSURANCE CORPORATION OF INDIA THE NEW INDIA ASSURANCE COMPANY LTD THE ORIENTAL INSURANCE COMPANY LTD UNITED INDIA INSURANCE COMPANY LTD PANJAB NATIONAL BANK 7. ORIENTAL BANK OF COMMERCE INDIAN BANK UNION BANK OF INDIA INFRACTURE DEVELOPMENT FINANCE COMPANY LTD. 8. Currently, NSE has the following major segments of the capital market: Equity Futures and Options Retail Debt Market Wholesale Debt Market Currency futures Mutual Fund Stocks lending and borrowing 9. Organizational Structure of National Stock Exchange National Securities Clearing Corporation National Commodity Clearing Limited NSE InfoTech Services Limited NSE.IT National Security Depository Limited Dot Ex International Ltd. India Index Services and Products Ltd. 10. Mile stones 11. Innovations Being the first national, anonymous, electronic limit order book (LOB) exchange to trade securities in India. Since the success of the NSE, existent market and new market structures have followed the "NSE" model. 12. Setting up the first clearing corporation "National Securities Clearing Corporation Ltd." in India. NSCCL was a landmark in providing innovation on all spot equity market (and later, derivatives market) trades in India. 13. Co-promoting and setting up of National Securities Depository Limited, first depository in India. Setting up of S&P CNX Nifty. NSE pioneered commencement of Internet Trading in February 2000, which led to the wide popularization of the NSE in the broker community 14. Being the first exchange that, in 1996, proposed exchange traded derivatives, particularly on an equity index, in India. After four years of policy and regulatory debate and formulation, the NSE was permitted to start trading equity derivatives 15. Being the first and the only exchange to trade GOLD ETFs (exchange traded funds) in India. NSE has also launched the NSE-CNBC-TV18 media center in association with CNBC-TV18. 16. NSE.IT Limited, setup in 1999 , is a 100% subsidiary of the National Stock Exchange of India. A Vertical Specialist Enterprise, NSE.IT offers end-to-end Information Technology (IT) products, solutions and services. 17. NSE (National Stock Exchange) was the first exchange in the world to use satellite communication technology for trading, using a client server based system called National Exchange for Automated Trading (NEAT). For all trades entered into NEAT system, there is uniform response time of less than one second. 18. How it operates 19. List of companies in nse 20. Benefits of listing A premier marketplace Visibility Largest exchange Unprecedented reach Transaction speed Nominal listing fees 21. Operation of NSE Wholesale Debt Market (WDM) segment in June1994. Capital Market (equities) commenced operations inNovember 1994 Derivatives segment commenced in June 2000. 22. Capital Market Equities Indices Mutual funds Exchange traded funds Initial public offerings Security lending and borrowing scheme 23. Derivatives Equity derivatives Currency derivatives Interest rate derivatives 24. Debt Retail debt market Wholesale debt market Corporate bonds 25. Trading technology CTCL Internet WAP 26. How to calculate NSE NiftyFree float market capitalization STOCK TotalSharesShares Price of TotalFree no. of held by availabl sharemarket float shares promote for cap. marketers tradingcap. A 1000 200 800100100000 80000 B 2000 10001000 200400000 200000Formula = (Sum of the Free float market cap. of 50 biggeststocks of NSE)*Index value in 1995/Market cap. Value in1995=(80000+200000)100/50000=560 27. 1) The NSE has two segments, the capital market segments, and the wholesale debt market segment.2)The NSE is a national, computerized exchange.3)Trading members in the capital market segment areconnected to the central computer in Mumbai though asatellite link up, using VSATs. 28. 4) The NSE has opted for n order- driven system.5) The identity of trading member is not revealed to others when someone places order or when his pending orders are displayed. Hence, large number of orders can be placed on the NSE. 29. Current Volume and TurnoverAs on Aug 30, 2011 Traded Volume (shares in Lakh) 6,530.91 Traded Value (Rs crore) 11,687.49 30. CAPITAL MARKET (EQUITIES) SEGMENT Settlement Guarantee Fund 31-MAR-2011 5,100.35 crore Investor Protection Fund 28-FEB-2011 311.04 crore Number of securities available for trading31-JUN-2011 2,993 31. DERIVATIVES SEGMENT Settlement Guarantee Fund 31-MAR-2011 29,759.79 crore Investor Protection Fund28-FEB-201157.18 crore Record daily turnover (value) 24-FEB-2011 277,277.49crore Record number of trades 24-FEB-20113029676 32. WHOLESALE DEBT SEGMENTNumber of securities available for trading 31-MAR-2011 4,479Record daily turnover (value) 13,911.57 crore