Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: empanelment :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: VAT RATES :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: VAT Audit :: form 3cd :: due date for vat payment :: TDS :: cpt
« Markets »
 Why we must tweak the market-led model
 PE transactions prompt income tax queries over round tripping concerns
 Amended India-Mauritius tax treaty only covers investments in shares
 Government drops cap gains tax on startup shares held for 2 years
 Tax-free bonds regain demand in the secondary market
 Relevant Market’ Under Competition Act, 2002
 Indian markets best in terms of earnings momentum, price revision
 How India will become a common market with GST
 Broader markets outperform; Nifty holds 8,500
 Have Indian markets run ahead of fundamentals?
 Sebi mulls allowing foreign VCs in infra investment firms

BSE derivatives in revival mode
September, 29th 2011

The market-making scheme has done wonders for the Bombay Stock Exchange (BSE). A Rs 107-crore liquidity enhancement incentive programme, introduced two days ago, has seen a Rs 450-crore turnover in equity derivatives segment for the first time. The 1875-founded Exchange, Asias oldest, has sensed a ray of hope. This comes at a time when market players have flayed BSE for not taking steps to revive this segment.

While there was cheer among BSE officials, they say volumes will pick up around Diwali and average daily turnover could touch as high as Rs 25,000-Rs 35,000 crore. On Wednesday, the exchange saw a turnover of Rs 330 crore. BSE has launched the scheme in phases. It will pay Rs 5 crore in the first month and thereafter Rs 17 crore every month to traders for generating volumes on the exchange.

The second phase will start from October 25. The Securities and Exchange Board of India (Sebi) would allow the scheme to go on for six months only. In comparison, the National Stock Exchange, which had launched a market making scheme for its global indices, is generating Rs 100 crore volumes.v, BSE saw the trading of over 9,000 index futures contract and 1,600 options contracts. Currently, the exchange is competing with NSE, which has an average daily equity derivative turnover of Rs 1,00,000 crore. But the exchange is preparing to take care of competition from Financial Technologies promoted MCX SX.

This Friday, Bombay High court will hear the MCX SX versus Sebi case. However, there is a view in the market that MCX SX may get a licence to start equity trading as the court had asked both the market regulator and MCX SX to come with a workable solution.

Sebi on Wednesday gave its permission to the Bombay Stock Exchange to launch its SME exchange, which will allow small and medium enterprises to raise funds from primary and debt markets.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Vision

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions