7 Things You Should Know About Bombay Stock Exchange

1) When it was born?

   One of the largest exchange in the world,the ‘Bombay Stock  Exchange’ was established in the year 1875. It has helped India in developing its Capital Market and also helped the corporate sector in growing.

2) Where is it located?

It is an Indian stock exchange located at Dalal Street, Kala Ghoda, Mumbai (formerly Bombay), Maharashtra, India .The term "Dalal Street" is used in the same way as "Wall Street" in the U.S.

3) What is its market Worth?

The market Capitalization of Bombay Stock Exchange is of $1.43 Trillion as of March,2016 . In other countries where 70% of the GDP is derived from larger companies and the corporate sector, the corporate sector in India accounts for only 12-14% of the national GDP.

4) Number of companies that are registered on Bombay Stock Exchange?

Based in Mumbai, India, the BSE lists close to 6,000 companies and is one of the largest exchanges in the world . Tata Motors, Maruti Suzuki, Adani ports,ICICI Bank, HDFC Bank and many other reputed companies are listed in BSE.

5) Its ranking in the world?

It is one the largest Stock Exchange in the world. It ranks 11th in the world. Here is the list of Stock Exchanges of world according to their ranking:

1. New York Stock Exchange (United States of America)
2. NASDAQ (United States of America)
3. London Stock Exchange Group (United Kingdom)
4. Japan Stock Exchange (Japan)
5. Shanghai Stock Exchange (China)
6. Hong Kong Stock Exchange (Hong Kong)
7. Euronext ( European Union)
8. Shenzhen Stock Exchange (China)
9. TMX Group ( Canada)
10. Deutsche Borse (Germany)
11. Bombay Stock Exchange (India)
12. National Stock Exchange (India)

6) How is the performance of BSE measured?

In 1986, it developed the BSE SENSEX index, giving the BSE a means to measure the 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.

7) Switched from Open Outcry Floor exchange to Electronic Trading System .

Bombay Stock Exchange switched from Open outcry floor trading Exchange to an electronic trading system developed by CMC Ltd. in 1995. It took the exchange only 50 days to make this transition. This automated, screen-based trading platform called BSE On-Line Trading (BOLT) had a capacity of 8 million orders per day. The BSE has also introduced a centralized exchange-based internet trading system, BSEWEBx.co.in to enable investors anywhere in the world to trade on the BSE platform.