The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance, Government of India. It was established on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992.
National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai, Maharashtra. It is the world’s largest derivatives exchange in 2021 by number of contracts traded based on the statistics maintained by Futures Industry Association (FIA), a derivatives trade body. NSE is ranked 4th in the world in cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for the calendar year 2021. It is under the ownership of some leading financial institutions, banks, and insurance companies. NSE was established in 1992 as the first dematerialized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system that offered easy trading facilities to investors spread across the length and breadth of the country. Vikram Limaye is the Managing Director and Chief Executive Officer of NSE.
Inter-connected Stock Exchange Ltd. (ISE) is an Indian national-level government owned stock exchange, providing trading, clearing, settlement, risk management and surveillance support to its trading members. It is under the ownership of Ministry of Finance, Government of India. It started its operation in 1998 in Vashi, Mumbai, and has 841 trading members, who are located in 18 cities. These intermediaries are administratively supported through the regional offices at Delhi, Kolkata, Patna, Ahmedabad, Coimbatore and Nagpur, besides Mumbai.
Bangalore Stock Exchange (BgSE), was a public stock exchange based in Bangalore, India fully owned by Government of India. It was founded in 1963 and had 595 regional and non-regional companies listed. In September 2005, the BgSE announced plans to go public by divesting at least 51% of its ownership. The stock exchange was managed by a Council of Management, consisting of members appointed by the Securities and Exchange Board of India. It was the first stock exchange in South India to start electronic trading of securities in 1996.
The Calcutta Stock Exchange (CSE), located at the Lyons Range, Kolkata, India, is the oldest government owned stock exchange in Asia. It was founded on 1 December 1863 by sixteen of Calcutta's leading stockbrokers, beginning its work in rented premises at 11 Strand Road. It was reconstituted in its current form in 1908, and is the second largest bourse in India. The Calcutta Stock Exchange has been asked to exit by SEBI, but the matter is sub judice before the Calcutta High Court; thirteen other regional stock exchanges have closed in the last three years under SEBI's exit policy, including the Bangalore Stock Exchange, the Hyderabad Stock Exchange and the Madras Stock Exchange. Since 2013, there has been no trading on the CSE trading platform.
Madhya Pradesh Stock Exchange (MPSE) was a stock exchange located at Indore, Madhya Pradesh, India. It was a SEBI recognized Permanent Stock Exchange, until its de-recognition in 2015. Established in 1919, it was 3rd oldest stock exchange in India, and a leading stock exchange under outcry system.
The Ahmedabad Stock Exchange (ASE) is the second oldest exchange of India located in the city of Ahmedabad in the Western part of the country and is fully owned by Government of India. It is recognised by Securities Contract (Regulations) Act, 1956 as permanent stock exchange. Its logo consists of the Swastika which is one of the most auspicious symbols of Hinduism depicting wealth and prosperity.
Bhubaneswar Stock Exchange (BhSE) is a defunct stock exchange located in Bhubaneswar, Odisha, India. It was incorporated on 17 April 1989, and granted recognition to the Stock Exchange on 5 June 1989, by the Ministry of Finance, Govt. of India. It is one among the 21 odd regional stock exchanges in India.
Guwahati Stock Exchange (GSE) is a defunct stock exchange located in Gauhati, Assam.
The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.
Vadodara Stock Exchange (VSE) is a defunct stock exchange located in the city of Vadodara and fully owned by Government of India in Western India. It was established in 1990 at Vadodara. It is the only existing stock exchange in the state of Gujarat along with Ahmedabad. It is recognized by the Securities Contract (Regulations) Act of 1956 as a permanent stock exchange.
The Forward Markets Commission (FMC) is the regulatory body for the commodity market and futures market in India. It is a division of the Securities and Exchange Board of India, Ministry of Finance, Government of India. As of July 2014, it regulated Rs 17 trillion worth of commodity trades in India. It is headquartered in Mumbai and this financial regulatory agency is overseen by the Ministry of Finance. The Commission allows commodity trading in 22 exchanges in India, of which 6 are national.
Pune Stock Exchange (PSE) was established in 1982. The Securities and Exchange Board of India (SEBI) allowed the exchange to exit bourse business with an order on 13 April 2015. Earlier, the SEBI had allowed various stock exchanges including OTC Exchange of India, Cochin Stock Exchange, Ludhiana Stock Exchange, Gauhati Stock Exchange, Bhubaneswar Stock Exchange, Hyderabad Stock Exchange, Coimbatore Stock Exchange, Inter-connected Stock Exchange of India and Bangalore Stock Exchange to exit from the bourse business.
Ashish Kumar Chauhan is an Indian business executive, administrator and current Chancellor of University of Allahabad. He is the current managing director and chief executive officer of the Bombay Stock Exchange (BSE). He also serves as the member of Governing council of one of the premier B school in India - IIM Raipur. Ashish is best known as the father of modern financial derivatives in India, and is considered one of the foremost experts in financial market policies, Information technology, organized retail, telecommunications and Indian social issues.
Religare Enterprises Limited (REL) is an Indian financial services company, headquartered in New Delhi, India. It offers an integrated suite of financial services through its underlying subsidiaries and operating entities, including loans to Small and Medium Enterprises (SME)'s, affordable housing finance, as well as retail broking and health insurance. REL is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India.
T. V. Mohandas Pai is a Padma Shri Awardee and current Chairman of Manipal Global Education. He was a former director of Infosys, and Head – Administration, Education and Research, Financial, Human Resources of Infosys Leadership Institute.
Chitra Ramkrishna is an Indian businesswoman and the former CEO of the National Stock Exchange (NSE). In March 2022, she was arrested by the CBI for her involvement in the 'yogi scam'.
Angel One Limited, formerly known as Angel Broking Limited, is an Indian stockbroker firm established in 1996. The company is a member of the Bombay Stock Exchange, National Stock Exchange of India, National Commodity & Derivatives Exchange Limited and Multi Commodity Exchange of India Limited. It is a depository participant with Central Depository Services Limited (CDSL). The company has more than 8500 sub-brokers and franchisee outlets in more than 900 cities across India.
Metropolitan Stock Exchange of India Limited (MSE) is a government owned stock exchange recognized by Securities and Exchange Board of India (SEBI) under Section 4 of Securities Contracts (Regulation) Act, 1956. It is under the ownership of Ministry of Finance, Government of India. The Exchange was notified of a "recognized stock exchange" under Section 2(39) of the Companies Act, 1956 by the Ministry of Corporate Affairs, Govt. of India, on December 21, 2012. The exchange’s shareholders are some of India’s top public sector banks, private sector banks, and domestic financial institutions.
The NSE co-location scam relates to the market manipulation at the National Stock Exchange of India, India's leading stock exchange. Allegedly select players obtained market price information ahead of the rest of the market, enabling them to front run the rest of the market, possibly breaching the NSE's purpose of demutualisation exchange governance and its robust transparency-based mechanism. The alleged connivance of insiders by rigging NSE's algo-trading and use of co-location servers ensured substantial profits to a set of brokers. This multi-dollar, widespread market fraud came to light when markets' regulator, the Securities and Exchange Board of India (SEBI), received the first anonymous complaint through a whistle-blower's letter in January 2015. The whistle-blower alleged that trading members were able to capitalise on advance knowledge by colluding with some exchange officials. The overall default amount through NSE's high-frequency trading (HFT) is estimated to be ₹500 billion over five years.
