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National Stock Exchange of India has always been the first in
revolutionizing the securities trading market in India
Being associated with the NSE we have seen the evolution of screen based
trading, dematerialization of shares, derivatives trading and a flawless safe trading platform.
In our constant endeavor to keep up with the times we have put in a lot of
impetus on upgrading technology and we offer you trading on the internet
on NSE's NOW platform. This is platform wherein you will be directly
linked to the NSE mainframe system and not through a broker's system as
was the case till now.
Further you can view accounts, contract notes, demat holding etc by
assessing your accounts through our website.
We are pleased to inform you that NSE is the first exchange to have
received an in-principle approval from Securities and Exchange Board of
India for setting up currency derivative segment. In today's globalised
and integrated business environment, many entities irrespective of the
nature of its business are impacted by currency risk either directly or
indirectly. Exchange traded currency derivatives market provides excellent
opportunity to hedge currency risk for different kinds of participants.
In India, there is an active OTC market for forwards with an average daily
turnover of USD 34 billion. World over, Exchange traded currency
derivatives are also available and around 334 million contracts get traded
annually. For the first time in India, it would be now possible to trade
on the currency futures on an Exchange platform. With electronic trading
and efficient risk management systems, Exchange traded currency future is
expected to benefit the universe of participants including corporates and
individual investors. Banks are also allowed to become members of this
segment on the Exchange and this provides them new opportunity in this
market segment.
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