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Question
Explain National Stock Exchange. (NSE)
Answer in Brief
Solution
National Stock Exchanges:
- NSE was incorporated in November 1992.
- It is a Countrywide, Screen-based, Online, and order-driven trading system.
- It uses a satellite link to spread trading throughout the country thereby connecting members scattered all over India.
- NSE has two segments Debt and Capital Segments.
- It has revolutionized stock trading in India.
- Through a computer network, member’s orders for buying and selling within prescribed prices are matched by the central computers with each other and instantly communicate to the trading member.
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Recent Development in Stock Exchange
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