National Stock Exchange of India (NSE) History & Markets

What is the National Stock Exchange (NSE) of India

The National Stock Exchange of India (NSE) is the largest financial market in India in terms of daily turnover and number of trades for equities and derivative trading.  There are thousands of securities listed on the NSE, with a market capitalization of over $1.46 trillion dollars.  The NSE is owned jointly by a number of banking institutions and insurance companies with the mission of providing a fast, electronic routing of orders throughout India.   Lastly, the NSE was the first financial system in India providing electronic limit orders for securities. 

History of the National Stock Exchange of INdia

The NSE was incorporated in 1992 as a tax-paying entity.  However, the origins of the NSE can be traced back to the Securities Contracts Regulation Act of 1956.  In this act, the Indian government sought to create a financial market where investors can invest safely and securely in order to build wealth. 

Markets Trading on the NSE

The NSE is responsible for a number of trading markets.  Below is a list of these markets

• Equity Markets
• Futures and Options Markets
• Wholesale Debt Market
• Mutual Funds
• Initial Public Offerings

NSE Technology

The NSE is using a satellite communication technology to support trading for over 320 cities throughout India.  The National Stock Exchange has the capacity to process over 6 million trades per day.  The NSE all supports one of the largest VSAT (Very Small Aperture satellite Terminal) networks in the world.  There are over 3.000 VSATs on the NSE network and over 15 large super computers.