The 103-year-old Calcutta Stock Exchange (CSE) launched operations on the National Stock Exchange (NSE) platform on 28 November 2011. The CSE thus became the only stock exchange in India to offer facility to trade on three trading platforms — Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and CSE with a single membership.
As per the agreement signed with the NSE, CSE trading members will be able to access the trading platform of NSE and trade on the shares listed on the bourse.
CSE members will now be able to enjoy the opportunity to issue contract notes directly. This is special kind of opportunity where the brokers from CSE will go to national platform. Second, the companies which are listed in CSE platform, if they have the compliance, will go to the national platform.
At present, there are 2606 companies listed on the CSE, of which 1550 are listed exclusively on the CSE. Two New Delhi-based companies — Tribute Financial Company and Elite Leasing were the most recent companies to have been listed listed on the CSE. CSE's daily turnover stands at around Rs.70 crore presently. CSE was offering BSE trading platform since 2008.
The Calcutta Stock Exchange (CSE) also introduced a Bangla language website in the presence of state Industry Minister Partha Chatterjee. The brouse declared its decision to fund a Chair at the Calcutta University for conducting studies in financial markets. About Rs.25 lakh was earmarked for this project out of the interest earned from the corpus of Investors Service Fund.
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