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The NASDAQ is a virtual listed exchange, where all of the trading is done over a
computer network. The process is similar to the New York Stock Exchange. However,
buyers and sellers are electronically matched. One or more NASDAQ market makers will
always provide a bid and ask price at which they will always purchase or sell 'their' stock.
Bombay Stock Exchange
Location : Mumbai,India
Founded : 1875
Owner : Bombay Stock Exchange Limited
Key people : Madhu Kannan (CEO & MD)
Currency :
No. of listings : 6.123
MarketCap : US$1.28 trillion (Feb, 2010)
ÊÊÊVolume : US$980 billion (2006)
Indexes : BSE Sensex
Website : www.bseindia.com
National Stock Exchange
Website www.nse-india.com
The National Stock Exchange of India was promoted by leading Financial institutions at
the behest of the Government of India, and was incorporated in November 1992 as a tax-
paying company. In April 1993, it was recognized as a stock exchange under the
Securities Contracts (Regulation) Act, 1956. NSE commenced operations in the
Wholesale Debt Market (WDM) segment in June 1994. The Capital market (Equities)
segment of the NSE commenced operations in November 1994, while operations in the
Derivatives segment commenced in June 2000.
Markets
Currently, NSE has the following major segments of the capital market:
• Equity
• Futures and Options
• Retail Debt Market
• Wholesale Debt Market
• Currency futures
• MUTUAL FUND
• STOCKS LENDING & BROWING
August 2008 Currency derivatives were introduced in India with the launch of Currency
Futures in USD INR by NSE. Currently it has also launched currency futures in EURO,
POUND & YEN. Interest Rate Futures was introduced for the first time in India by NSE
on 31 August 2009, exactly after one year of the launch of Currency Futures.
NSE became the first stock exchange to get approval for Interest rate futures as
recommended by SEBI-RBI committee, on 31 August 2009, a futures contract based on
7% 10 Year GOI bond (NOTIONAL) was launched with quarterly maturities.
Founded 1878
Indexes TOPIX
Nikkei 225
Website TSE.or.jp
Location New York City, United States
NASDAQ-100
Website www.nasdaq.com