The National Stock Exchange of India Limited (NSE)
National Stock Exchange of India Limited (NSE) was incorporated in 1992 and recognized as a Stock Exchange in 1993. NSE provides a modern, fully automated screen-based electronic exchange trading system which offers easy trading facility to the investors across India. NSE oﬀers trading in equity, equity derivatives, debt and currency derivatives segments. Its fully-integrated business model includes exchange listing, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education oﬀerings. NSE lists and trades securities on two markets: cash market and derivatives market. NSE’s products and services includes cash market, derivatives, debt market, data and information vending and index services.
NSE has 10 wholly-owned subsidiaries i.e National Securities Clearing Corporation Limited (NSCCL), NSE Strategic Investment Corporation Limited (NSICL), India Index Services & Products Limited (IISL), NSEIT Limited, DotEx International Limited, NSE Infotech Services Limited, NSE Academy Limited, NSEIT (US), Inc, NSE IFSC Limited, NSE IFSC Clearing Corporation Limited.
NSE was the 1st exchange to receive approvals from SEBI and the Reserve Bank of India for trading in currency derivatives and interest rate futures.
NSE has a domestic market share of 84% in the cash segment and nearly 100% in derivatives segment. NSE is dominant market leader in equity derivative products. It has a majority share in trading volumes at 99.9% while BSE contributed only 0.1% in financial year 2016-17.
NSE NIFTY and BSE SENSEX are considered as benchmark indices and considered to represent overall market performance. NIFTY50 is listed in more than 15 countries with total AUM of approx. USD 6 billion.
NSE ranks 1st in the world in terms of the number of contracts traded in Index Options and Currency Options, 2nd in the world in terms of number of contracts traded in Stock Futures and Currency Futures and 4th in the number of trades in the CM segment.
NSE is owned by leading financial institutions, banks, insurance companies and other financial intermediaries viz. Life Insurance Corporation of India, State Bank of India, IFCI Limited, SBI Capital markets.