First exchange in country to provide fully automated screen-based system?

Q.  Which was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system?
- Published on 13 Feb 17

a. BSE
b. NSE
c. PSE
d. CSE

ANSWER: NSE
 
National Stock Exchange (NSE) was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system.

NSE was established in 1992 as the first demutualized electronic exchange in the country.

NSE was also instrumental in creating the National Securities Depository Limited (NSDL) which allows investors to securely hold and transfer their shares and bonds electronically.

NSE offers trading in the following segments:

Equities -
  • Indices
  • Mutual Funds
  • Exchange Traded Funds
  • Initial Public Offerings
  • Security Lending and Borrowing Scheme
Derivatives -
  • Equity Derivatives (including Global Indices like CNX 500, Dow Jones and FTSE )
  • Currency Derivatives
  • Interest Rate Futures
Debt -
  • Corporate Bonds
NSE

Founded : 1992
Headquarter : Mumbai, India
Current Head : Ashok Chawla (Chairman)

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