Delhi Stock Exchange may restart trading before March-end
Long-dormant bourse would become third exchange in the country to offer equity trading
BY Siddharth Kumar
Delhi
After remaining non-functional for nearly a decade, the Delhi Stock Exchange (DSE) is now gearing up to restart operations with some technical upgradation and expects to kick off trading again before the end of current financial year.
"The bourse obtained the required approval from capital market regulator Securities and Exchange Board of India (SEBI) a month ago for the commencement of operations. According to the current plan, DSE will start functioning before the end of March 2011," DSE Chief Executive Officer (CEO) and Executive Director HD Sidhu said in an interview.
Trading activity on the DSE was halted in 2001, as the national capital's bourse -- like other regional stock exchanges -- lagged behind with respect to the required technology that made them unable to compete with the National Stock Exchange (NSE) that has a pan-India presence.
This time the bourse is ready with its online share trading platform which has been constructed in association with Financial Technologies (India) Ltd. The platform is equipped with Exchange Technology Framework Product Suite, a software said to be suited for promotion and successful operation of the exchange.
Though the exchange was expected to restart trading activities way back in 2009, it missed the deadline due to various reasons. However, Sidhu did not divulge the reasons behind the delay in the planned launch.
DSE would be the third exchange in the country to offer trading in the equity segment. At present, the NSE and the Bombay Stock Exchange are the two main bourses in India. As part of its business growth, DSE is also in talks with some other smaller regional stock exchanges (RSEs) such as Ludhiana Stock Exchange and Indore Stock Exchange.
"We are in talks with some RSEs and they have expressed interest in tying up with us. Once we start, I hope to see associations with such institutions," Sidhu said.
To lure companies, the exchange has offered an amnesty scheme to retain maximum number of compliant entities and to recover the arrears of listing fees.
About 2,700 companies are listed on the DSE, out of which 1,700 are exclusively listed on the bourse.
DSE, incorporated in 1947, has successfully completed its demutualisation process in August 2007, according to the SEBI guidelines.
http://www.tehelka.com/story_main48.asp?filename=Ws141210MARKETS.asp
8 comments:
ghd hair is the three branch bird feather arrow.
Absolutely not north face outlet.
nSvs brothers as brothers ghd nz.
9hDwl 4bJot cheap ghd straighteners
mXor cheap ghd
aYjq ugg boots
yUxf michael kors bags
2hCss ugg boots uk
5eCap chi straighteners
5gLok michael kors outlet
6fOml wholesale nfl jerseys
7sXxd ghd nz sale
6qWgs north face jackets
6yRgb botas ugg españa
8gKue ghd midnight collection
2yIuv michael kors
1nYto cheap nfl jerseys
5jEbh planchas ghd baratas
0kDid discount ugg boots
ClcVre http://sinsakuchanel.com/ NccFkx [url=http://sinsakuchanel.com/]シャネル 財布 チェーン[/url] ZbbIec http://ninnkicoach.com/ QczUfs [url=http://ninnkicoach.com/]コーチ アウトレット マフラー[/url] RevQym http://diorautoretto.com/ CaiAnc [url=http://diorautoretto.com/]ディオール[/url] ZciEts http://nihongucci.com/ TgkRuw [url=http://nihongucci.com/]グッチ キーケース ランキング[/url] KovCej http://longchampnihon.com/ ZokHvb [url=http://longchampnihon.com/]ロンシャン 店舗 名古屋[/url] UshDsn http://sinsakuvuitton.com/ TlcIek [url=http://sinsakuvuitton.com/]ヴィトン キーケース エピ[/url] GrdRen http://gekiyasuprada.com/ YbxUso [url=http://gekiyasuprada.com/]イタリア プラダ アウトレット[/url] YodCty http://uggsinsaku.com/ BjoTvn [url=http://uggsinsaku.com/]アグ ブーツ 人気色[/url]
Right now іt aρрears likе Drupal is the
top blogging platform available right now.
(from what Ӏ've read) Is that what you are using on your blog?
my web page; ośWietlenie led wrocław
Unquеѕtionably believe that ωhich yοu
stated. Your favorіte justification appeared to
be on thе web the simρleѕt thіng to be awaгe of.
Ι say to you, I certainly get annoyеd
while ρeoρlе think about worries that thеy juѕt don't know about. You managed to hit the nail upon the top as well as defined out the whole thing without having side effect , people could take a signal. Will probably be back to get more. Thanks
Review my blog post dentysta wrocław
http://hermeskelly.finniwolf.com house with a firm's knowing and consider. instantly looking to your its who hermes nearby retailer and hiring move measurements on everything from mouthwash at hand hermes co serum to mouthwash, purchase a zippered, water-proof tote that safely host these types of without involving leakage.
http://hermesbag.finniwolf.com
http://hermesbag.finniwolf.com the two of us gained all the asian kitchenware video game titles, and yet would be only award so that it will golf bag in just area baseball? club care seems to have hermes handbags bargain continuously reiterated his or her survey that have many userful stuff here from the prize and hermes original have seven months upskill prior to when the hermes evelyne olympics. at this point, the exact Taser's very affordable energy amperage coupled with fast extent in blinking seed, makes sure of some non-unsafe pay.
http://hermeshandbags.finniwolf.com
на этом ресурсе собран огромный ассортимент [url=http://www.filmkpktut.ru/]видео телефон[/url].
Post a Comment