Friday, December 11, 2009

Bombay Stock Exchange

Bombay Stock Exchange Limited is the oldest Stock Exchange in Asia. Popularly known as BSE it was established as "The Native Share & Stock Brokers Association" in 1875. It is the first stock exchange in India to obtain permanent recognition in 1956 of the Government of India under the Securities Contract (Regulation) Act, 1956.

Bombay Stock Exchange played a pivotal role in the development of the Indian capital market and its index, SENSEX, is tracked worldwide. The Exchange has a nation-wide Reach the presence in 359 cities and towns of
India. Since its inception BSE has played a vital role the growth of the Indian corporate sector by providing it with an efficient access to resources. The exchange provides an efficient and transparent market for trading in equity, debt instruments and derivatives. To Reach out to a large number of investors BSE has launched its website in Hindi and Gujarati.

Bombay Stock Exchange has several achievements to its credit. It is the world's premier exchange in terms of the number of listed companies and the world's 5th in transaction numbers. BSE is the first exchange in
India and the second in the world to obtain an ISO 9001:2000 certification. BSE has also received Information Security Management System Standard BS 7799-2-2002 certification for its BSE Online Trading System (Bolt). It is only the second exchange in the world to receive such a certification. In February 2001, BSE introduced the world's first centralized exchange-based Internet Trading System, BSEWEBX.com. It allows investors anywhere in the world to trade on the BSE platform.

BSE has won several awards for its efficient and responsible work. The World Council of Corporate Governance with BSE awarded the Golden Peacock Global CSR Award for Initiatives in BSE's Corporate Social Responsibility (CSR). BSE has also won the Asia-Pacific HRM award for its excellent Human Resources practices.

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