National Stock Exchange of India (NSE), which started operations in 1994, makes the grade, having brought about a complete change in the way shares are traded in India. It successfully expanded online trading, to all parts of the country by selling dedicated terminals against a refundable deposit. This more or less ended the hegemony of BSE cartels and ushered in transparency and efficiency. In 2000, NSE started futures and options trading. In 2009, it was ranked as the world's seventh largest derivative exchange, the second largest exchange in single stock futures and stock indices and the third largest in stock index futures.
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2 comments:
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