Bombay Stock Exchange Ltd. (BSE)
BSE is one of the to leading stock exchange in India(other being NSE). Established in 1875, BSE (formerly known as Bombay Stock Exchange Ltd.), is Asia's first & fastest Stock Exchange in world with the speed of 6 micro seconds.
Over the past 140 years, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform.
More than 5500 companies are listed on BSE making it world's No. 1 exchange in terms of listed companies. The companies listed on BSE command a total market capitalization of USD 1.64 Trillion as of Sep 2015. It is also one of the world's leading exchanges (5th largest in September 2015) for Index options trading (Source: World Federation of Exchanges).
BSE is the first exchange in India and second in the world to obtain an ISO 9001:2000 certification. It is also the first Exchange in the country and second in the world to receive Information Security Management System Standard BS 7799-2-2002 certification for its On-Line trading System (BOLT). It operates one of the most respected capital market educational institutes in the country (the BSE Institute Ltd.). BSE also provides depository services through its Central Depository Services Ltd. (CDSL) arm.
BSE's popular equity index - the S&P BSE SENSEX - is India's most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRCS nations (Brazil, Russia, China and South Africa).
BSE Ltd., as a institutional brand, has been and is synonymous with the capital market in India. Its S&P BSE SENSEX is the benchmark equity index that reflects the health of the Indian economy.
HISTORY of BSE
While BSE Ltd is now synonymous with Dalal Street, it was not always so. The first venue of the earliest stock broker meetings in the 1850s was in rather natural environs - under banyan trees - in front of the Town Hall, where Horniman Circle is now situated. A decade later, the brokers moved their venue to another set of foliage, this time under banyan trees at the junction of Meadows Street and what is now called Mahatma Gandhi Road. As the number of brokers increased, they had to shift from place to place, but they always overflowed to the streets. At last, in 1874, the brokers found a permanent place, and one that they could, quite literally, call their own. The new place was, aptly, called Dalal Street (Brokers' Street).
SEGMENTS TRADED ON BSE
- Mutual Funds
- Exchange Traded Funds
- Initial Public Offerings
- Security Lending and Borrowing Scheme
- Equity Derivatives
- Currency Derivatives
- Corporate Bonds