BSE

Inside Bombay Stock Exchange - BSE

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• published: 23 Sep 2011
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BSE Bombay Stock Exchange, Dalal Street, Bombay. This is where ALL the action takes place in Mumbai! Even after the city's name was changed to Mumbai, they have gladly not changed it to the MBE. Imagine calling it the Mumbai Stock Exchange. It just doesn't sound right! As per Wikipedia: The Bombay Stock Exchange is the oldest exchange in Asia. It traces its history to the 1850s, when four Gujarati and one Parsi stockbroker would gather under banyan trees in front of Mumbai's Town Hall. The location of these meetings changed many times, as the number of brokers constantly increased. The group eventually moved to Dalal Street in 1874 and in 1875 became an official organization known as 'The Native Share & Stock Brokers Association'. In 1956, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act. The Bombay Stock Exchange developed the BSE SENSEX in 1986, giving the BSE a means to measure overall performance of the exchange. In 2000 the BSE used this index to open its derivatives market, trading SENSEX futures contracts. The development of SENSEX options along with equity derivatives followed in 2001 and 2002, expanding the BSE's trading platform. Historically an open outcry floor trading exchange, the Bombay Stock Exchange switched to an electronic trading system in 1995. It took the exchange only fifty days to make this transition. This automated, screen-based trading platform called BSE On-line trading (BOLT) currently has a capacity of 8 million orders per day. The BSE has also introduced the world's first centralized exchange-based internet trading system, BSEWEBx.co.in to enable investors anywhere in the world to trade on the BSE platform. The BSE is currently housed in Phiroze Jeejeebhoy Towers at Dalal Street, Fort area. This footage is part of the professionally-shot broadcast stock footage archive of Wilderness Films India Ltd., the largest collection of imagery from South Asia. The Wilderness Films India collection comprises of thousands of hours of high quality broadcast imagery, mostly shot on HDCAM 1080i High Definition, HDV and XDCAM. Write to us for licensing this footage on a broadcast format, for use in your production! We are happy to be commissioned to film for you or else provide you with broadcast crewing and production solutions across South Asia. We pride ourselves in bringing the best of India and South Asia to the world... Reach us at wfi @ vsnl.com and admin@wildfilmsindia.com. Mumbai The Bombay Stock Exchange stock exchange stockbrokers broker official organization BSE SENSEX Dalal Street Fort area Phiroze Jeejeebhoy Towers dalaal dalal Mumbai The Bombay Stock Exchange stock exchange stockbrokers broker official organization BSE SENSEX Dalal Street Fort area Phiroze Jeejeebhoy Towers dalaal dalal street analyst goldman sachs tower bomb blast trader ticket ticker bse nse seat bell gong ring listing list share price discovery futures put call option cash delivery short margin auction bar company public issue ipo operator circuit upper lower limit trading