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News: The shares of National Stock Exchange (NSE) will also trade on the Metropolitan Stock Exchange (MSE).
About Metropolitan Stock Exchange of India Limited (MSE)
- The Metropolitan Stock Exchange of India Limited (MSE) is a national stock exchange that provides a technology-driven electronic trading platform across multiple financial segments, including equities, equity derivatives, currency derivatives, and debt securities.
- Recognised by: It is recognized by the Securities and Exchange Board of India (SEBI) since 2008 under the Securities Contracts (Regulation) Act, 1956.
- Functions:
- It ensures seamless and secure market operations for investors, brokers, and corporates by integrating advanced electronic trading systems, robust risk management mechanisms, and real-time surveillance tools,
- It also actively contributes to the development of India’s financial ecosystem by promoting investor education, market awareness, and regulatory compliance.
- SX40 Index: It is released by MSE. It is designed to represent a diversified set of leading companies across key sectors.
- It serves as a transparent yardstick for performance measurement and supports investors and product issuers with a credible reference for India’s equity markets.
- Recent changes: The National Stock Exchange (NSE) is going to have its shares traded on the Metropolitan Stock Exchange (MSE) along with the Bombay Stock Exchange (BSE).
- The shares of NSE will be available for trading on MSE under the “Permitted to Trade” category.
- NSE has selected BSE as its designated stock exchange, but other recognised exchanges are also allowed to trade NSE shares.
