NSE: World’s Largest Bourse

The National Stock Exchange of India (NSE) came up as the world’s largest bourse in terms of the number of trades it made in equity segment for the first 6 months of 2012.

The ranking is done by World Federation of Exchanges (WFE).

As per WFE, NSE made a total of 7,35,474 trades in the equity segment during January-June 2012, making it the world’s largest exchange on this scale.

Rankings on the basis of No. of Trade in equity segment:

1. NSE India

2. NYSE Euronext

3. Nasdaq OMX

Ranking in terms of Index Options Traded

1. Korea Exchange

2. NSE India

3. Eurex

Factors helped NSE:

Expanding investor base

Latest technology

New products

Facts:

· Tier-three cities investors contributed more than 45 % of total cash market retail turnover in the financial year 2011- 12.

· Tier-three cities contribute more than half of the total retail investor base on NSE.

Month: Current Affairs - August, 2012