Indian Stock Exchange

All stock exchanges are organized marketplaces where the corporation or any organization that is mutual where the members of the organization come together to trade on all company stocks and other securities.

These members do the job of agents for their customers or even as principals for their accounts.

These stock exchanges render services for the issue of redemption of securities and also other financial aid and they deal with the payment of all income and dividends.

Modern markets are computerized.

The stock broker has no seat in the exchange and only the members are there in the Indian Stock Exchange.

History of stock exchanges in India

In the year 1960 there were 60n brokers who made the exchange a great hit and the share's in India became a super hit when the American Civil War broke out and that was the era when cotton that was being supplied to Europe by the United States was stopped.

From then the brokers increased in number from 60 brokers to 250 brokers which was a good sign of the rise in this market.

When the war was over in the year 1874, there was no way the market could keep to its building and had to come to the street which is called Dalal Street.

In 1887 there was an association that was the, “Native Share and Stock Brokers’ Association” which came into being. The exchange needed an apt building in the street and found the right place in the year 1899.

The Indian stock exchange has made it very essential for every action to be transparent and to have efficient trading.

They use the most advanced information technology in order to clear settlements and they come out with various and big innovations in all products and services.

It has the technology that will give all important inputs for the functioning of the organization.

The Indian stock exchange stresses on all new innovations and keeps up to the technology to remain ahead of every other stock exchange.

The Indian stock exchange uses satellite communication technology so that they can participate in events in over 200 cities in the country.

The stock exchange of India can now handle over 15 million trades every day in the capital market. This exchange uses UNIX servers for back office work. The network that this stock exchange uses is the largest wide area network in the country which is private and the very first extended C-Band and VSAT network in the world.