What is Bombay Stock Exchange?


Bombay Stock Exchange

Bombay stock exchange was set in 1875. BSE is India’s quickest stock exchange with speed of 6 microseconds. Bombay Stock Exchange is one of the leading stock exchanges in the world. It grants an efficient capital raising platform which helps in the growth of the Indian corporate sector. BSE provides a transparent market for trading in equity, currencies, debt instruments, derivatives, mutual funds, equities of small-and-medium enterprises (SME). BSE’s famous equity index – the S&P BSE SENSEX – is India’s largely 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 systems and processes are created to safeguard market integrity, improve the growth of the Indian capital market and stimulate innovation and competition across all market divisions. BSE is the first exchange in India and second in the world to gain an ISO 9001:2000 certification. BSE has now taken only its initials as the new name (BSE), positioning itself better stage as a national multi-asset financial infrastructure institution. BSE’s deliberate shift in approach, orientation and business aim is speculated in its new tagline – Experience the New.
With committedness and goal on new business opportunities, product and service innovation, enhance in technology, increased investor and member focus, BSE is always pushing the cover on all fronts. BSE’s objective is to continually improve and adopt new and better ways of conducting our business.
As the first stock exchange in Asia and the first of securities transaction business, BSE prides itself on being at the forefront of bringing innovations to the Indian capital markets while making diverse investment opportunities for the investor community in India throughout its long history. In 2005, the Exchange altered from being simply an association of brokers to become a corporate entity. The administrative structure of the Exchange is lead by a board of directors, below which is a governing council and management that presides over it is day-to-day functioning.
Bombay Stock Exchange continues to undertake several initiatives to build on its strong brand, legacy and market position to create value for its stakeholders and the financial system. In 1995, the BSE jumped from an open-floor to an electronic trading system. There are more than a 15 electronic exchanges in the U.S. alone with the New York Stock Exchange (NYSE) and Nasdaq being the most popularly known. Today electronic systems dominate the financial industry total, offering fewer errors, faster execution and better efficiency than traditional open-outcry trading systems. Securities that the BSE lists cover stocks, stock futures, stock options, index futures, index options, and weekly options. The BSE’s overall performance is measured by the Sensex, an index of 30 of the BSE’s largest stocks includes 12 sectors.

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