What is stock exchange ?
Stock Exchange is a market place where stock or share, derivatives and other financial instruments are traded. In today’s date all major exchange provide online trading where any investor can buy or sell stocks online. Two biggest stock exchanges in India are NSE and BSE.
List of worlds top stock exchanges:
|1||United States||NYSE Euronext||14,242||20,161|
|2||United States||NASDAQ OMX||4,687||13,552|
|3||Japan||Tokyo Stock Exchange||3,325||3,972|
|4||United Kingdom||London Stock Exchange||3,266||2,837|
|5||China||Shanghai Stock Exchange||2,357||3,658|
|6||Hong Kong||Hong Kong Stock Exchange||2,258||1,447|
|7||Canada||Toronto Stock Exchange||1,912||1,542|
|9||Australia||Australian Securities Exchange||1,198||1,197|
|11||Switzerland||SIX Swiss Exchange||1,090||887|
|12||China||Shenzhen Stock Exchange||1,055||2,838|
|13||Spain||BME Spanish Exchanges||1,031||1,226|
|14||India||Bombay Stock Exchange||1,007||148|
|15||South Korea||Korea Exchange||996||2,029|
|16||India||National Stock Exchange||985||589|
|17||South Africa||JSE Limited||789||372|
We’ve two nationalized stock exchanges in India:
National Stock exchange
The National Stock exchange of India is world’s 16th largest stock exchange located in Mumbai, Maharashtra. It was incorporated in Nov. 1992 and commenced operations in Nov. 1994. The trading time is in between 9:15 am to 3.30 pm, Saturday, Sunday and national holidays are off.
Bombay Stock Exchange
The Bombay stock exchange is oldest exchange in Asia and rank 14th in the world. It was started in early 1830’s in Mumbai by cotton traders. However, SENSEX got compiled in 1986. SENSEX is the key index of BSE. There are over 5112 companies listed on BSE till Dec’2011. The market trading period is 9:15 am to 3:30 pm.
How we trade in stock exchange?
If you want to trade online you need to open a Bank Account, Trading Account and DMAT Account. You need to furnish certain documentations and these are regulatory norms. All the formalities can be done through a stock broker.