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Stock Market Strategic Deal Between BSE and NSE

Posted By On 3/24/2009 12:50:00 AM Under ,

1. NSE has a in-house software Neat-on-Web (NOW) and BSE has an online trading platform (BOLT) which are the backbone of trading in online stock market in India.

2. BSE and NSE have inked a deal so that now traders using NSE platform will get access to over 7,000 stocks listed on the BSE. The point to note is that NSE has over 1,300 of the major companies listed. NSE has over 1,84,000 trading terminals in over 1,400 towns across the country.

3. BSE and NSE have become friends to prove the age old adage that there are no permanent frineds or foes in politics and true to that both have joined hands to counter Financial technology which has announced the launch of currency deruivatives market.

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