What Is BSE Markets ?
DEFINITION of Bombay Stock Exchange (BSE)
What is bse Markets | The Bombay Stock Exchange (BSE) is the first and largest securities market in India and was established in 1875 as the Native Share and Stock Brokers’ Association. Based in Mumbai, India, the BSE lists close to 6,000 companies and is one of the largest exchanges in the world, along with the New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange Group, Japan Exchange Group, and Shanghai Stock Exchange.
The BSE has helped develop the country’s capital markets, including the retail debt market, and helped grow the Indian corporate sector.
Bombay Stock Exchange (BSE) and Other Major International Stock Exchanges
In addition to the BSE major international stock exchanges include.
- The New York Stock Exchange (NYSE). NYSE is considered the largest equities-based exchange in the world, based on the total market capitalization of its listed securities. NYSE was formerly a private organization but became public in 2005 after it acquired the electronic trading exchange Archipelago.
- Nasdaq. This is a global electronic marketplace and the benchmark index for U.S. technology stocks. National Association of Securities Dealers (NASD) created Nasdaq in 1971 to enable investors to trade securities on a rapid, computerized, and transparent system. Today “Nasdaq” also refers to the Nasdaq Composite, an index of more than 3,000 listed technology that include Apple, Google, Microsoft, Oracle, Amazon, Intel and Amgen.
- London Stock Exchange (LSE). The primary U.K. stock exchange and largest in Europe, LSE developed after several regional exchanges merged in 1973. LSE was first called the Stock Exchange of Great Britain and Ireland. 100 of the top blue chips on the LSE form the Financial Times Stock Exchange (FTSE) 100 Share Index, or “Footsie.”
- Exchange changed from being simply an association of brokers to became a corporate entity. The administrative structure of the Exchange is headed by a board of directors, below which is a governing council and management that presides over its day-to-day functioning.