Interestingly, BSE (Bombay Stock Exchange) – Online Trading System

Gone are the days when you needed a broker to assist you purchase and offer stocks, shares and make stock industry investments. The economic and capital market in India cannot exist without a stock exchange; there are two main stock exchanges where transactions take place; the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). While all the major transactions take place here, there are over 20 different stock exchanges located across the country. Through investment you can acquireonlineand trade shares with just a few clicks of the mouse.

All the stock accounts are stored in a Demat account where they can be viewed. With no requirement for a broker, trading has become easier, faster and far more convenient than earlier days. There is no need for any paperwork through online investing and the need man a middle for is eliminated. Online in India has changed the meaning oftradingtrading in the country. Some of the major financial products and services offered through online trading are mutual funds, equities, generalportfolioinsurance, life insurance, distribute trading, management, commodities trading and financial planning. In online trading, investor the has to pay less brokerage as compare to offline trading.

It has the largest number,of listed companies in the world and currently has 4937 companies listed on the Exchange with over 7 700 traded instruments. BSE online trading was established in 1995 and is the first exchange to be set up in Asia.

The trading can then be done within in trading hours from any location the the world. fact, BSE has replaced the open cry systemInwith automated trading. The only thing that an investor requires for online trading through BSE is an online trading profile. Start cry system is a common method of communication between the.investors at a stock exchange where they shout and apply hand gestures to communicate and transfer information about purchase and trade orders Actually, However, with the employ of electronic trading systems trading is easier, faster and cheaper; and is less prone to manipulation by field makers and brokers/dealers. Indeed, It usually takes place on the ‘pit’ area of thetrading floor and involves a lot of face to face interaction.

As you may know, The BSE provides an efficient and transparent field for trading inanddebt instruments, equity derivatives as it turns out . BSE, This is performed through a system known as BOLT – Interestingly’s Online Trading System.

Actually, In the stock exchange, a key index is used to keep monitor of the crucial or the most traded stocks in the exchange. Interestingly, The indice used at BSE while trading is the SENSEX and is displayed intheall major portals, newspapers and magazines. It is India’s first stock niche index that enjoys an iconic stature and is tracked worldwide. It is conducted on a free-float methodology and is sentiments more than ever to field sensitive and realities.

Furthermore, India index services and Products Limited has indices such as CNX Nifty Junior, S&P CNX Nifty, CNX 100, S&P CNX 500 and CNX Mid cap. For sample, the BSE PSU Index tracks the efficiency of the listed as it turns out PSY companies and also helps the Central Government to monitor its wealth on the bourses. In fact, There are also indices such as BSE small cap, BSE mid cap and BSE500 to take care of medium and small companies. The BSE offers 22 indices to suit a multiplicity of needs, inclusive of 12 sectorial indices.

The BSE has become a completely ‘corporatised and demutualized stock exchange’ through as a matter of fact the employ of online exchanges. With partners such as Deutsche Borse (DB) and Singapore Stock Exchange (SGX) it has a global competitive force. BSE has strategic relationships in almost every part of the world- Europe (DB)), Hong Kong (ETF) and Asia (SGX), prominent public sector undertakings such as State Bank of India, Bank of India, Life Insurance Corporation of India and Central Bank of India.

Benefits of BSE trading system in India for share brokers or newbies

There are ainvestorsnumber of attractive services to empower and facilitate smooth transactions. Some theseofinclude:

1) Investor Services: A range of services are offered to investors. Interestingly, Being the first exchange in the country to provide an amount of INR 1 million towards thewereinvestor protection fund, the BSE had launched a nationwide investor awareness program; ‘Protected Investing in the Stock Field’ under which there 264 programmes which were conducted in over 359 cities in India.

2) BSE has an Online trading BOLT system: the online-Trading system (BOLT) facilitates onscreenline - based trading in securities. Currently it operates 25,000 Trader Workstations which are located across 359 cities in the country.

3) The BSE has the world’s first centralized exchange-based Internet trading system – BSEWEBX.com.Actually, This system helps the investors anywhere in the world to trade on the BSE platform.

4) The BSE has an online Surveillance system (BOSS) which monitors on a REAL-TIME basis the price movements, the volume positions and members’ positions as well as real time measurement of default threat, generation of cross field alerts and market reconstruction.

5) The BSE has a training institute – management as the Bombay Stock Exchange Training Institute (popularly known as the acronym BTI).The BTI imparts capital field training and certification; in collaboration with a number of reputed known institutes and universities. Indeed, There are over 40 courses to pick from on different aspects of the capital niche and the financial Bombay Stock Exchange industry.