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Thursday, August 6, 2009

OLDEST STOCK EXCHANGE OF INDIA

Bombay Stock Exchange Limited is the oldest stock exchange in India as well as Asia. It was established as "The Native Share & Stock Brokers Association" in 1875. Bombay Stock Exchange, popularly known as BSE, is the first stock exchange in the country to obtain permanent recognition in 1956 from the Government of India under the Securities Contracts (Regulation) Act, 1956. Bombay Stock Exchange has played a vital role in the development of the Indian capital market. The Exchange has a pan-Indian reach with presence in
417 cities and towns of India. Bombay Stock Exchange provides an efficient and transparent market for trading in equity, debt instruments and derivatives. The BSE's On Line Trading System (BOLT) is a proprietory system of the Exchange and is BS 7799-2-2002 certified

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