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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (4629)6/16/1999 9:52:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
NSE to set up internet stock trading for domestic retailers

Mumbai June 16: In a bid to increase volumes and rope in more retailers, the National Stock Exchange (NSE) is planning to permit government bonds and equities trading through internet.

The trading, will however, be restricted to domestic retailers and will be made available by the end of this year or at most early next.

In an exclusive interview with The Financial Express, RH Patil, managing director of the NSE said: There is no clearance required by the NSE from the Securities & Exchange Board of India, the Reserve Bank of India, or any other watchdogs as the system (internet trading) fits into the existing rules.........
financialexpress.com