INTRODUCTION BSE (BOMBAY STOCK EXCHANGE)
· Tag line of BSE “The edge is efficiency”.
History of BSE:
Bombay Stock Exchange (BSE) is an oldest stock exchange in Asia. It was started in 1875 as “The Negative Share and Stock Brokers Association”. There is a story behind to BSE i: e, since 1850’s Four Gujarati and One Parsi or parsee (which indicates Parsis derived from a group of Persian Zoroastrians who came to India during 10th century AD) stockbrokers have met in Town Hall of Mumbai. This is an informal meeting among them. Time gone, no of brokers were increased then they would like to convert this meeting as a formal one. So they had found a place in 1874 at DALAL STREET and they made their office DS. It is become an official organisation in 1875, called “The Negative Share and Stock Brokers Association”. BSE was acknowledged by Indian government in 1956 under Securities Contracts Regulation Act (SCRA). An electronic trading system was introduced by BSE in 1995 i: e, BOLT – (BSE On line Trading) which has a capacity to make 8 million orders per day.
Besides, BSE has listed more than 5033 companies. BSE is the first exchange in India to receive ISO 9001: 2000 certification. It is also the first Exchange in India and second in the world to receive Information Security Management System Standard BS 7799-2-2002 certification for its BOLT.
Exchange Timings
Session | Time | |
From | TO | |
Beginning of the day session | 08 AM | 09 AM |
Pre-open trading session | 09 AM | 09:15 AM |
Trading Session | 09:15 AM | 03.30 PM |
Position Transfer Session | 03.30 PM | 03.50 PM |
Closing Session | 03.50 PM | 04.05 PM |
Option Exercise Session | 04.05 PM | 04.35 PM |
Margin Session | 04.35 PM | 04.50 PM |
Query Session | 04.50 PM | 05.35 PM |
End of the day | 05.35 PM |
Board of directors as on July 2011
Name & Photograph | Position holding as on July 2011 |
Mr. S. Ramadorai | Non-Executive Chairman(BSE) & Public Interest Director Vice Chairman Tata Consultancy Services Ltd |
Mr. Madhu Kannan | Managing Director & Chief Executive Officer |
Mr. Sudhakar Rao | Public Interest Director |
Dr. Sanjiv Misra - IAS (Retd.) | Public Interest Director |
Shareholder Director | |
Mr. Andreas Preuss | Shareholders Director |
Shareholders Director & Vice-Chairman & CEO HDFC Ltd | |
Trading Member Director & Designated Director BCB Brokerage Private Ltd | |
Trading Member Director & Designated Director Asit C. Mehta Investment Intermediates Ltd. | |
Trading Member Director & Designated Director Span Cap lease Private Ltd. |
Source: BSE India
BSE IS OFFERING FOLLOWING CERTIFICATION PROGRAMS
- BSE's Certificate on Derivatives Exchange - English | Gujarati
- BSE Certification on Securities Markets - English | Gujarati
- BSE's Certification on Central Depository
- BSE Certification on Corporate Governance
- BSE's Certification on Credit Rating(BCCR)
- BSE's Certification on International Financial Reporting Standards(BCIFRS)
- BSE's Certification on Options Trading(BCOT)
- BSE's Certification on Fundamental Analysis(BCFA)
- BSE's Certification on Security Analysis and Portfolio Management (BCSAPM)