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Until the early s, India had 21 regional stock exchanges, but following the entry of the National Stock Exchange, most of them fell by the wayside.
Until the early s, India had 21 regional stock exchanges, but following the entry of National Stock Exchange Ltd NSEwhich introduced satellite-linked terminals, most of them fell by the wayside. Last week it advertised for a new executive director. DSE has begun talks with other regional exchanges that have shut down to bring members and companies of these exchanges into its fold.
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Mint could not independently verify the claim. DSE is offering various schemes to other regional stock exchanges, brokers, delisted companies and technology partners, to restart trading. The infusion of fresh capital through a demutualization scheme in has helped the exchange financially and strategically. An uphill task Competing with the established exchanges will be difficult for any new entrant, brokers said.
Even BSE, despite its high visibility, is struggling to find its footing in the derivatives market and recently hired Madhu Kannan as chief executive officer and some derivatives specialists as well to win derivatives market share.
Delhi, Bangalore stock exchanges look to win back firms, traders
According to Anil Bagri, alternate president, Association of National Exchange Members of India, a body of brokers, differentiation will be key. If you look back, new exchanges have done well when they start with a new product line.
It would lead to better service and newer products. Both DSE and Bangalore are significantly lowering barriers to entry by offering sops to traders and companies. Find classified ads and upgrading our la paz mujer busca hombredelhi, invite them out. Infact there is a world with 81 job openings.
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