Calcutta Stock Exchange
| দি ক্যালকাটা স্টক এক্সচেঞ্জ | |
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| Type | Stock Exchange |
|---|---|
| Location | Kolkata, India |
| Founded | 1830, incorporated in 1908 |
| Owner | The Calcutta Stock Exchange Limited |
| Key people | Bhaskar Sen(Chairman) Subrato Das (MD & CEO) |
| Currency | Indian rupee (₹) |
| No. of listings | 2,700~ |
| Market cap | ₹1,40,141 Crores (2009) |
| Indices | CSE 40 |
| Website | www.cse-india.com |
Calcutta Stock Exchange, also abbreviated to CSE, (Bengali: দি ক্যালকাটা স্টক এক্সচেঞ্জ di kyalkata stôk ekschenj) located at the Lyons Range, Kolkata, India, is the oldest stock exchange in South Asia. It was incorporated in 1908 and is the second largest bourse in India.[1] The Calcutta Stock Exchange has been asked to exit by SEBI but the matter is Subjudice before Calcutta High Court and the other 13 regional stock exchanges have closed in the last three years under the exit policy of Sebi, including Bangalore, Hyderabad and Madras Stock Exchanges[2]
History
In 1830, the bourse activities in Kolkata were conducted under a neem tree.[3] The earliest record of dealings in securities in India is the British East India Company’s loan securities. In 1908, the stock exchange was incorporated and consisted of 150 members. The present building at the Lyons Range was constructed in 1928. The Calcutta Stock Exchange Ltd was granted permanent recognition by the Government of India with effect from April 14, 1980, under the relevant provisions of the Securities Contracts (Regulation) Act, 1956. The Calcutta Stock Exchange followed the familiar outcry system for stock trading until 1997, when it was replaced by an electronic (eTrading) system known as C-STAR (CSE Screen Based Trading And Reporting).[4] The full form of CSE is Calcutta Stock Exchange.
Alliance
The Bombay Stock Exchange(BSE) has made a strategic investment in Calcutta Stock Exchange, acquiring 5% of its shares.[5]
Profile
Committee
The Calcutta Stock Exchange Limited
Board Of Directors
- Sri Bhaskar Sen - Public Interest Director and Chairman of the Board
- Sri Subrato Das - Managing Director & Chief Executive Officer
- Sri Prasad Ranjan Ray, IAS (Retd.) - Public Interest Director
- Dr. Bhaskar Banerjee - Public Interest Director
- Sri Ravi Poddar - Shareholder Director
- Sri Sanjay Budhia - Shareholder Director
- Sri Mohan Goenka - Shareholder Director
- Sri Purushottam Saraf - Shareholder Director
Senior executives
- Sri Subrato Das - Managing Director & CEO
- Sri M.A.V Raju - General Manager
- Sri Prasanjit Dutta - Chief Financial Officer & Secretary
- Sri Partha Sarathi Mohapatra - Dy. General Manager (Information Technology)
- Sri Amit Santra - Manager (Surveillance)
- Sri Asis Maity - Manager (Market Operation)
- Sri Tilak Bakshi - Membership Executive
CSE indices
One Index is in use:
- CSE - 40 index
See also
External links
Notes
- ^ CSE Factbook Archived 2006-04-19 at the Wayback Machine. Calcutta Stock Exchange Association Ltd.
- ^ "Regional stock exchanges' business model obsolete: Sebi". The Indian Express. 2017-01-17. Retrieved 2017-05-13.
- ^ "Lights on at Lyons Range - Bombay bourse boost for city exchange". The Telegraph. 8 November 2007. Retrieved 27 December 2008.
- ^ Pradeep Gooptu; Namrata Achary (2 December 2008). "CSE to focus on smaller companies". Business Standard. Retrieved 27 December 2008.
- ^ "BSE buys 5% in Calcutta Stock Exchange". Economic Times. 29 August 2007. Retrieved 27 December 2008.
