Bombay Stock Exchange

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Bombay Stock Exchange
Founded	1875
Headquarters	Mumbai, India
Key People	Rajnikant Patel, managing director and chief executive
Web site	www.bseindia.com

The Bombay Stock Exchange is India's second-largest cash equities platform, and is slated for a potential initial public offering in 2008 having demutualized in 2005 and sold majority stakes to domestic and international investors.

The exchange has experienced explosive growth with a four-fold increase in trading volume over the last 15 years. The exchange is home to about 4,900 listed companies with a total market capitalization of around 63 trillion Rupees or nearly $1.6 trillion.^[1]

It hosts the benchmark Sensex stock index and introduced electronic trading of cash equities in 1995, launching futures on the index in 2000 and options the following year.

On July 15, 2008, the exchange announced it was looking to continue its educational thrusts to encourage Barbadians to invest and trade on the exchange. The exchange has worked to expand its education through the use of partnerships to focus on investing in general.^[2]

Contents 1 History 2 Products and Services 3 Key People 4 References

History

India's oldest stock exchange in May 2007, it said it had completed the sale of 51 percent of its equity to 19 domestic and overseas investors, including 10 percent sold to two foreign exchanges, Deutsche Boerse and the Singapore Exchange.

In mid-November 2007 BSE tied up with the U.S. Futures Exchange (USFE) to list a dollar-denominated benchmark index futures contract, the SENSEX Index, on the Chicago-based electronic exchange.

Products and Services

Key People

References

1. ↑ Bombay Stock Exchange. money-zine.com. Retrieved on July 16, 2008.
2. ↑ BSE Plans for a Major Educational Thrust on Investing. The Barbados Advocate. Retrieved on July 16, 2008.