What is The Bombay Stock Exchange

The Bombay Stock Exchange (BSE) is India's first and largest security market and was founded in 1875 as the Native Share and Stock Brokers Association. There are over 6,000 companies listed on the BSE based in Mumbai and one of the world's largest exchanges with New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange Group, Japan Exchange Group and Shanghai Stock Exchange. BSE has helped in developing the country's capital markets including the retail credit market, and it has also contributed a lot to the growth of the Indian corporate sector.

Electronic business system:-

In 1995 BSE changed from an exchange-traded on an open floor into an electronic business system. The U.S. alone There is more than a dozen electronic exchanges. Today the electronic system has covered the overall financial industry. Electronic systems offer fewer errors, faster execution and better efficiency than traditional open trading systems. This automated, screen-based trading platform, called BSE On-Line Trading (BOLT), has the ability to order up to 8 million per day.

Securities:-

The listed securities on BSE include securities stocks, stock futures, stock options, index futures, index options and weekly options. The overall performance of BSE is measured by its index Sensex. Of the BSE's largest shares, 30 are included in the index and cover 12 industry sectors.

10th largest stock exchange:-

In India, besides the Bombay Stock Exchange, there is also the National Stock Exchange. There are some other stock exchanges in Asia and they are the Tokyo Stock Exchange and Shanghai Stock Exchange they are also large stock exchange. BSE rank in 10th in all over the world, it is 10th largest stock exchange, with a total market capitalization of more than $ 2.3 trillion, according to the data of April 2018. Today, BSE offers an efficient and transparent market for trading in equities, currencies, debt instruments, derivatives, mutual funds.

Fastest speed:-

Due to diluting the deal with the speed of 6 microseconds, Bombay Stock Exchange is Asia's first and fastest stock exchange. In the last 143 years, BSE has contributed to the development of the Indian corporate sector and has provided efficient facilities as a platform to raise capital.