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The National Stock Exchange (NSE) is the world’s third largest stock exchange in
terms of transaction volumes. The NSE is based out of Mumbai. It is the largest
stock exchange in India in terms of daily turnover and number of trades, for both
equities and derivative trading.
NSE was promoted by leading financial institutions, banks, insurance companies and
other financial intermediaries in India but its ownership and management operate
as separate entities eliminating any conflict of interest.
It was incorporated in November 1992 as a tax-paying company unlike other stock
exchanges in the India.
NSE commenced operations in the Wholesale Debt Market (WDM) segment in June 1994.
The Capital Market (Equities) segment commenced operations in November 1994 and
operations in FNO segment commenced in June 2000.
NSE pioneered commencement of Internet Trading in February 2000, which led to the
wide popularization of the NSE in the broker community.
The year 2008 saw introduction of Stock and Currency derivatives by the NSE.
Interest Rate Futures was introduced for the first time in India by NSE on 31st
August 2009, exactly after one year of the launch of Currency Futures.
Interest Rate Futures was introduced for the first time in
India by NSE on 31st August 2009, exactly after one year of the launch of Currency
Futures :
• Equity
• Futures and Options
• Retail Debt Market
• Wholesale Debt Market
• Currency futures
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