What is National Stock Exchange? Discuss the features and functions performed by NSE.
Answers
Functions of NSE
establishing a nation-wide trading facility for equities, debt and other hybrid instruments. ensuring equal access to investors across the nation through an appropriate communication network. providing a fair, efficient and transparent securities market to investors using electronic trading systems.
Answer:
National Stock Exchange (NSE) was promoted as a new stock market in which both securities of companies and debt instruments are traded in order to counter the influence of Bombay Stock Exhange (BSE) and to reduce the influence of certain powerful intermediaries in the Stock Market.
Explanation:
FEATURES OF NSE :
establishing a nation-wide trading facility for equities, debt and other hybrid instruments. ensuring equal access to investors across the nation through an appropriate communication network. providing a fair, efficient and transparent securities market to investors using electronic trading systems