Which was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system?

a. BSE

b. NSE

c. PSE

d. CSE

ANSWER: NSE

Explanation:

National Stock Exchange (NSE) was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system.

NSE was established in 1992 as the first demutualized electronic exchange in the country.

NSE was also instrumental in creating the National Securities Depository Limited (NSDL) which allows investors to securely hold and transfer their shares and bonds electronically.

NSE offers trading in the following segments:

Equities -

Indices

Mutual Funds

Exchange Traded Funds

Initial Public Offerings

Security Lending and Borrowing Scheme

Derivatives -

Equity Derivatives (including Global Indices like CNX 500, Dow Jones and FTSE )

Currency Derivatives

Interest Rate Futures

Debt -

Corporate Bonds

NSE

Founded : 1992

Headquarter : Mumbai, India

Current Head : Ashok Chawla (Chairman)