National Stock Exchange of India (NSE)

The National Stock Exchange (NSE) is a leading stock exchange located in Mumbai (India), providing a modern, fully automated screen-based trading system with national reach. The Exchange has set up facilities that serve as a model for the securities industry in terms of systems, practices and procedures.

NSE has license agreements covering benchmark indexes for U.S. and Indian equities with CME Group and has also signed a Memorandum of Understanding (MOU) with Singapore Exchange (SGX) to cooperate in the development of a market for India-linked products and services to be listed on SGX.

NSE is one of the largest interactive VSAT based stock exchanges in the world. The NSE- network is the largest private wide area network in the country and the first extended C- Band VSAT network in the world.

In May 2002 NSE won the Wharton-Infosys Business Transformation Award in the Organization-wide Transformation category.

NSE has achieved high worldwide rankings in 2009 (Jan-Dec): 2nd in terms of Number of Contracts traded in Single Stock Futures; 2nd in terms of Number of Contracts traded in Stock Index Options; 3rd in terms of Number of Contracts traded in Stock Index Futures; 4th in Number of Trades in Equity Shares; 7th Largest Derivatives Exchange in the World (Source:WFE & FIA).

* Next: List of Stock Exchanges in India

Author

Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn