Contact

Corporate Office
National Stock Exchange of India Ltd.
Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.
Tel No: (022) 26598100 - 8114. Fax No: (022) 26598120. Email: nsecrm@nse.co.in

Regional Offices
MUMBAI
National Stock Exchange of India Ltd
6th Floor, Kohinoor City, Tower-1,
Commercial-II, Kirol Road, Off. L.B.S.
Marg, Kurla ( W ), Mumbai-400070, India
Tel-022-25045258 to 62
Fax-022-25045299

KOLKATA
National Stock Exchange of India Ltd
First Floor, Park View Apartments, 99,
Rash Behari Avenue, Kolkata 700029
Phone : + 91 33 40 400 400 (Board)
Fax : + 91 33 40 400 440
Email: nseisckol@nse.co.in

HYDERABAD
National Stock Exchange of India Limited
8-2-594/A/1, 3rd Floor, Urmila Heights,
Opposite: Rainbow Hospital, Road No. 10,
Banjara Hills, Hyderabad 500034, India
Tel : 040 23357082/ 83
Fax : 040 23357084
Email : nselife_hyderabad@nse.co.in

AHMEDABAD
National Stock Exchange of India Ltd
Office No. 304/305, GCP Business Centre,
Opposite Memnagar Fire Station
Memnagar, Ahmedabad - 380052
Tel No : (079) 26420481/ 26420482
Email: nseiscahm@nse.co.in

NEW DELHI
National Stock Exchange of India Ltd
4th Floor, "Jeevan Vihar Building",
Parliament Street, New Delhi-110001
Board No : 011 23741741/49393000
Fax No : 011-23459291
Email: nseiscdel@nse.co.in

CHENNAI
National Stock Exchange of India Ltd
8th Floor, Arihant Nitco Park, No 90,
Dr Radhakrishnan Salai,
Mylapore, Chennai 600 004.
Board No: 044-28479900 28479902-05
Fax No: 044-28479926/27

BANGLORE
National Stock Exchange of India Ltd
Office No 101, DBS House, 26,
Cunningham Road, Bangalore -560052,
Karnataka

COCHIN
National Stock Exchange Of India Ltd
1st Floor, Kaloor Towers, Kaloor,
Ernakulam-682017
Ph No: 0484-3061171
Mob: 9946708886

HOPES
ASPIRATIONS
DREAMS
PROSPERITY

GROWTH
PROGRESS
OPTIMISM
HAPPINESS

EMPOWERMENT

A BETTER LIFE

I n a nat i o n o f a b illio n p eo p le where does the

leadi ng sto c k exc hange fi t in? Can i t br idg e
t he gap b et ween ho p e and have? Can it impac t
lives ac ro ss t he eco no m ic st rat a? Can it pu t
even t he m o st hum b lest o f li ves on the
p lat fo r m o f eco no m ic growt h?
We are t he i nvesto r s t hat we em p ower, we are
t he p ro duc t s t hat we c reate, we are the
enab ler s

t hat

we

i nit iated,

we

are

the

tec hno lo gy t hat we use, we are t he ho pes that

we reali se, we are t he am b it io ns t hat we fu el.
We are NSE, we are I ndi a.
And o ur acco m p lishm ent co m es fo r k nowing
we m ake A B E T TER L IF E p o ssib le.

About NSE
National Stock Exchange of India (NSE) has been defining the
future of the Indian financial market since inception and is
today one of the largest stock exchanges globally.

NSE was set up by leading institutions to provide a modern, fully

automated screen-based trading system with national reach.
NSE is regarded as the benchmark for its best practices and a
model for the securities industry in terms of systems, practices
and procedures.

Having started its operations in June 1994, NSE operates a

nation-wide, electronic market, connecting investors in search
of growth to the corporate issuers in search of capital, by
providing innovative trading technologies and products.

The investor community gets easy access to liquidity and

markets through a network of more than 200,000+ NSE
terminals across 600 districts through more than 34000+ NSE
member branches. In addition, investors can also access the NSE
platform through internet and mobile applications. NSE has also
introduced services like DMA, FIX capabilities and co-location
facilities for more evolved categories of investors.

NSE has made its global presence felt with a wide range of
cross-listing arrangements with leading global exchanges
across American, European and Asian markets.

NSE is committed to operate a market ecosystem which is

transparent and efficient; and at the same time offers high levels
of safety, integrity and corporate governance, providing evergrowing trading & investment opportunities for investors.

The NSE Purpose

Committed to improve the financial well-being of people.

The NSE Vision

To continue to be a leader, establish global presence, facilitate the financial

well-being of people.

NSE Values

NSE is committed to the following core values :

Integrity
Customer focussed culture
Trust, respect and care for the individual
Passion for excellence
Teamwork

A BETTER LIFE:
When a diverse nation
has access to investment

products
as diverse.

A farmer in Karnal, a CEO in Gurgaon, an

exporter

in

Mumbai,

housewife

in

As Indias leading stock exchange, NSE

took it upon itself to ensure that every Indian

Kozhikode. In a nation where languages

with

change every 100 kms, it stands to reason that

investment product that fits his lifestyle and

investment profiles do too.

expectations. Whether he is a traditionalist, a

the

potential

to

invest,

finds

the

purist or a risk-taker, the India story has to

mean something for everyone.

National Stock Exchange of India Limited

Exchange
Traded Products

Equities

ETF

Equity
Futures &
Options

Currency
Derivatives &
Interest
Rate Futures

Debt Market

SME Platform : Emerge

Cash

Gold ETF

Securities

Interest Rates
Futures

IPO/OFS

Equity

Domestic
Indices

91 day T Bill
Futures

Currency
Futures &
Options

USD INR

Govt. Securities
& T Bills

Retail Debt
Market

Liquid

Global
Indices

Global Indices

Corporate
Bonds

For the more sophisticated traders, NSE

Limited (NSE) provides an integrated

has also pioneered the co-location

trading and clearing platform for the

facility that allows traders to put up

primary and secondary markets. NSE

their algorithms on rented servers

introduced the concept of an electronic

placed inside the exchange premises.

trading

Financial Information Exchange (FIX

GBP INR

JPY INR

platform

that

has

been

operational since 1994. Since then

Protocol),

the

NSE has been at the forefront of

Messaging

Protocol

technological

Derivatives and Currency markets is

advancement

in

the

Industry-Standard
for

achieved

framework prescribed by the Securities

connectivity

Exchange Board of India (SEBI)

Access Point).

Trading System

NSE started trading in the equities

NSE

trading

system

through

Equity,

trading platform within the regulatory

The

NBF II

EUR INR

The National Stock Exchange of India

NSEs

software, TAP

own
( Trading

called

segment (Capital Market) on November

'National Exchange for Automated

3, 1994 and within a short span of one

Trading' (NEAT) is a state-of-the-art,

year became the largest exchange in

fully automated, screen-based trading

India in terms of volumes transacted.

system which adopts the principle of an

Trading volumes in the equity segment

order-driven market. It facilitates an

have grown rapidly with the average

automated online system providing a

daily turnover increasing from `17

nationwide anonymous, order-driven,

Crores

during

screen-based trading platform.

Crores

(USD

1994-95
2.03

to

billion)

`11,189
as

on

March 2013.
In addition to the NEAT system, NSE has

Mutual Funds
Service System

SLBS

Derivatives
on Volatility
Index

NVIX

provided a web-based system, NOW

According to WFE statistics for the

(NEAT on Web) that allows its users to

year ended 2012, NSE is the largest

trade in all the products being offered

exchange in terms of number of

by NSE.

trades in equity shares globally.

Equities
Exchange Traded Funds

ETF on global indices have as their

NSE was the pioneer in introducing ETFs

underlying tracking instrument an index

in India. ETFs, based on an underlying

or other financial product focused on a

index like equity, gold, global indices

single country.

Products and Specifications:

and money markets are listed on NSE for

trading. The concept of ETFs has gained

Money Market ETFs are linked to money

traction.

or debt funds, with the aim of providing

Parameter

Index Futures

Index Options

Stock Futures

Stock Options

Long Term Index Options

Instruments available

9 Indices*

8 Indices*

125+ Securities

125+ Securities

CNX Nifty

Tenure of Contracts

Expiry Day

money market returns.

ETF schemes available on NSE Equity ETFs are schemes that provide

Initial

Public

Offerings

(IPOs)

returns, before expenses, that closely

primary market is one that issues new

correspond to the total return of the

securities on an exchange. The primary

underlying index, like Nifty 50, CNX100,

markets are where investors can get first

CNX Midcap, Bank Nifty etc, subject to

crack at a new security issuance.

Price Steps

3 Quarterly (Mar, Jun, Sep & Dec)

and next 8 half yearly (June & Dec)

3 monthly contracts (Near, Next and Far Month)

Last Thursday of the expiry month. If the last Thursday is a trading holiday, then the expiry day is previous trading day.
Third Friday of the expiry month incase of Global Indices.
All Domestic Indices:
Rs. 0.05
Global Indices:
S&P 500: Rs. 0.25
FTSE 100: Rs. 1.00
DJIA: Rs. 2.50

Rs. 0.05

Rs. 0.05

Rs. 0.05

The futures and options segment of NSE

segment. NSCCL acts as legal counter-

has made a mark for itself globally.

party to all deals on NSE's F&O segment

Offer for Sale - Promoter(s) / promoter

According to WFE statistics till Nov. 2013,

and guarantees settlement.

(or

group entities of top 100 companies

NSE is the largest exchange in Index

Gold ETF) allow investors to easily and

based on average market capitalisation of

Options, 3rd largest in Stock Futures and

A Clearing Member (CM) of NSCCL has the

safely invest in gold through their demat

the last completed quarter, to increase

ranks 6th in Index Futures globally.

responsibility of clearing and settlement

account and offer investors direct returns

public shareholding to meet the minimum

on gold. This eliminates the risk of

public shareholding requirements, use

National Securities Clearing Corporation

( TM) on NSE, who clear and settle such

impurity, the risk of high buy-sell spread

this platform

Limited (NSCCL) is the clearing and

deals through them.

tracking errors.
Gold

Exchange

Traded

Fund

of all deals executed by Trading Members

and the risk of theft if the gold is kept in

settlement agency for all deals executed

investors homes.

on the Derivatives (Futures & Options)

Equity Futures & Options

The National Stock Exchange of India
Limited (NSE) commenced trading in
equity derivatives with the launch of
index futures on June 12, 2000. Since

Index
Futures

Stock
Futures

Equity
Derivatives
Segment

and has tradable instruments as shown

alongside.

Index Derivatives available for trading:

Domestic Indices

Index
Options

Underlying Index

Symbol

Underlying Index

Symbol

Underlying Index

Symbol

CNX Nifty

NIFTY

Bank Nifty

BANKNIFTY

CNX IT

CNXIT

Nifty Midcap 50

NFTYMCAP50

CNX Infrastructure

CNXINFRA

CNX PSE

CNXPSE

Symbol

Underlying Index

Symbol

Global Indices

then NSE has moved ahead with varied

product offerings in equity derivatives

Rs. 0.05

Underlying Index

Stock
Options

S&P 500

S&P500

DJIA

DJIA

Underlying Index
FTSE 100

Symbol
FTSE100

Currency Derivatives

Interest Rate Futures

Currency Derivatives was launched in

An Interest Rate Future is a financial

India on 29th August 2008 by NSE.

derivative where the underlying asset

NSE provides a liquid, transparent

(interest-bearing instrument) is the

market

risk

right to pay or receive a notional

management. The following contracts

amount of money at a given interest

are available for trading

rate. Interest rate futures are used to

for

foreign

exchange

hedge against the risk of interest

Futures Contracts in USD-INR,

rate movements (such as volatility

Currency Futures

EUR-INR, GBP-INR and JPY-INR

Symbol

Options in USD-INR

Unit of trading
Underlying

Individuals,

small

and

enterprises,

corporates,

categories

of

positions

in

medium
banks,

participants
currency

all
take

derivative

contracts at a uniform and equitable

price at the same time irrespective
of their size, nature of operations or
contract

amount,

ensuring

transparency and liquidity.

movements

USDINR

EURINR

GBPINR

JPYINR

1 unit :1000 $

1 unit :1000

1 unit :1000

1 unit :100000

Exchange rate in

Exchange rate in

Exchange rate in

Exchange rate in

INR for US Dollars

INR for Euro

INR for Pound

INR for Japanese

Sterling

Yen

Tick size

0.25 paise or INR 0.0025

Trading hours

9:00 a.m. to 5:00 p.m. (Monday-Friday)

Contract trading cycle

12 month trading cycle

Final settlement day

Last working day (excluding Saturdays) of Expiry month. The last working

simple

directional

movements) in an adverse direction,

causing

Examples

cost

to

the

company.

include Treasury-bill

and

Treasury-bond futures. The electronic

trading

day will be the same as that for Interbank Settlements in Mumbai

Settlement

or

Daily settlement : T + 1, last half an hour weighted average price

platform

of

NSE

ensures

transparency of prices, volumes and

Symbol

NBF II

Instrument Type

FUTIRC

Unit of trading

One contract denotes 2000 units (Face Value Rs.2 lacs)

Underlying

8.83% GOI 2023 (MaturityNovember 25, 2023)

7.16% GOI 2023 (MaturityMay 20, 2023)

Tick size

0.25 paise i.e. INR 0.0025

Trading hours

Monday to Friday
9:00 a.m. to 5:00 p.m.

Contract trading cycle

3 serial monthly contracts

Last trading day

Last Thursday of the Month. In case the last Thursday is a trading

holiday, the previous trading day shall be the expiry/last trading day

Daily settlement price

trade data.

Volume Weighted Average Futures Price of last half an hour or

Theoretical Price

Final settlement : T + 2,

Daily settlement

Mark to Mark (MTM) : T + 1 in cash

Mode of settlement

Cash settled in INR

Final settlement

Final settlement on T+1 day in cash based on final settlement price

Final settlement

RBI reference rate RBI reference rate

price

price

on last trading

on last trading

day

day

Exchange rate

Exchange rate

published by RBI* published by RBI*

* - in its Press Release captioned RBI reference Rate for US$ and Euro on last trading day

Currency Options
Category
Type of Option

Description
Premium Styled European Call and Put Options

Trading Hours

(Monday to Friday on all business day)

Lot Size

One lot denotes $ 1000

Tick Size

0.25 paisa or INR 0.0025

Contracts Available

Three serial Monthly contracts followed by One quarterly contracts of the

cycle March/June/September/December

Last Trading Day

Two business days prior to last business day of the month

Final Settlement Day

Last working day of the contract month (Excluding Saturdays)

Settlement

INR cash settled at RBI reference rate

Holiday Calendar

Mumbai-Interbank

The daily average turnover in Currency Derivatives since its launch has grown from US $
24 million in financial year 2008 2009 to about US $3.8 billion in financial year 2012 -

Interest Rate Futures (IRF) introduced

on NSE from 30th August 2009, offers

91 Day Treasury Bill

futures contracts on 10-Year notional

Symbol

91DTB

Coupon-bearing Government of India

Instrument Type

FUTIRT

(GOI)

Unit of trading

One contract denotes 2000 units (Face Value Rs.2 lacs)

Underlying

91-day Government of India (GOI) Treasury Bill

Tick size

0.25 paise i.e. INR 0.0025

Trading hours

Monday to Friday

securities

recently

(10YGS7)

introduced

(2011)

and

the

91-day

Government of India (GOI) Treasury Bill.

9:00 a.m. to 5:00 p.m.

Contract trading cycle

3 serial monthly contracts followed by quarterly contract of the cycle

Mar/Jun/Sep/Dec

Last trading day

Last Wednesday of the expiry month at 1.00 pm (previous working

day, for holiday)

Daily settlement price

Volume Weighted Average Futures Price of last half an hour or

Theoretical Price

Daily settlement

Mark to Mark (MTM) : T + 1 in cash

Final settlement

Final settlement on T+1 day in cash based on final settlement price

All types of Investors including Foreign Institutional Investors and Non-Resident Indians
are permitted to trade in this product.

Debt Market

Mutual Funds Service System (MFSS)

With a view to integrate all the debt

Till recently, the market was purely an

NSE launched India's first Mutual Fund

collection system that eliminates the

market instruments on a single exchange

informal one with most of the trades

Service System (MFSS) on November 30,

physical paper-based mechanism that is

traded

directly negotiated and struck between

2009. It is an online system that allows

currently prevalent in the mutual fund

on

various participants. The commencement

purchase and redemption of mutual

industry.

Exchanges in May 2013.

of this segment by NSE has brought

fund schemes. It is essentially an order

This segment provides trading facilities

about transparency and efficiency to the

for

debt market.

platform,

dedicated

Debt

variety

including

SEBI

introduced

Market

Segment

of

debt

Government

instruments

Derivatives on Volatility Index

Securities,

Treasury Bills and Bonds issued by Public

Evolution* of NSE debt platform

like Floating Rate Bonds, Zero Coupon

Bonds,

Corporate

Debentures,

State

Government loans, SLR and Non-SLR

Bonds issued by Financial Institutions,

Retail Debt Market

New Debt
Market Segment

debt by banks, financial institutions,

corporate bodies, trusts and others.

WDM Market

Benefits of DMS
Superior price discovery owing to diverse market participants
More investment opportunities for asset managers
Price transparency
Co-existence of anonymous order matching and negotiated dealing system
One stop shop for information on debt issues
Better Quality & consolidated information

NSE Emerge (SME Platform)

EMERGE, the SME platform from NSE,
symbolises the aspirations of a large
number of entrepreneurs participating
in the India growth story and having
potential to unlock value and emerge on
a bigger stage.

raising opportunities to credible and

fast growing businesses with good
governance standards. It is an ideal
platform to raise funds for companies on a
growth path, but not large enough to
list on the main board.

EMERGE is a credible and efficient market

place to bring about convergence of
sophisticated investors and emerging
corporates.
It offers opportunities to informed
investors to invest in emerging businesses
with exciting growth plans, innovative
business
models
and
commitment
towards good governance and investor
interest. This platform provides capital

EMERGE-ITP is a regulated market place

which meets the needs of the countrys
contemporary business environment. It
allows start-ups to list without an initial
public offering (IPO). The platform
connects growing businesses to a pool of
sophisticated investors while offering a
wide variety of exciting investment
opportunities to the investors.

NSE now offers NVIX i.e. futures on its

CBRICS

Units of Mutual Funds and Securitized

Bond Market

Sector Undertakings/ Corporates/ Banks

Underlying

India VIX Index

Symbol

INDIAVIX

trading symbol of the future contract is

Instrument Type

FUTIVX

INDIAVIX.

Lot Size*

1 Contract = 600 qty (Min. contract value of Rs. 10,00,000)

offering derivative products based on

Quotation Price

India VIX Index *100

the volatility index. These products have

Contract Value

Lot size multiplied by the Price

Tick Size

Rs. 0.25

Trading Hours

9:15 AM to 03:30 PM

Expiry Day

Tuesday

opportunities available to participants

Contract Cycle

3 Weekly contracts

and provide efficient means to hedge

Daily Settlement Price

Last half hour's weighted average price of futures

against

Final Settlement Price

Closing price of the underlying index

Final Settlement
Procedure

Cash Settlement

Final Settlement day

All open positions on expiry date shall be settled on the next working
day of the expiry date (T+1)

own

volatility

become

index

IndiaVIX. The

Globally exchanges are

quite

participants

popular

as

volatility.

it

among

expands

Volatility

the
the

indices

enable market participants to trade

expected changes in market volatility in
a single transaction.

Securities Lending & Borrowing

Scheme (SLBS)
NSE launched the Securities Lending &

clearing corporation/clearing house of

Borrowing Scheme (SLB Scheme) on

stock exchanges to earn a return on the

April 21, 2008. It is an automated

same.

screen- based platform where the order

matching is based on price time priority.

Currently all securities traded in F&O

SLB scheme enables lending of idle

segment

securities by investors through the

borrowing under the scheme.

are

eligible

for

lending

&

CNX NIFTY

INDIA VIX

The CNX Nifty is a well-diversified 50 stock

CNX Nifty is owned and managed by

India VIX is Indias volatility Index. Its a key

Derivatives products are also available on this

index accurately reflecting overall market

India Index Services and Products Ltd.

measure of market expectations of near-term

index. Derivatives on VIX will help participants to

conditions and accounting for all the

(IISL), which is a joint venture between

volatility.

take a view on volatility, hedge against uncertainty

major sectors of the economy. CNX Nifty

NSE and CRISIL. IISL is India's first

perception of the markets volatility in the near

Index is computed using free float market

specialised company focused upon the

term i.e. it depicts the expected market volatility

capitalisation method, wherein the level

index as a core product.

over the next 30 calendar days. When the markets

It also provides an opportunity for portfolio

are highly volatile, market tends to move steeply

diversification.

on account of market volatility.

Index Variants: CNX Defty, CNX Nifty

up or down and during this time volatility index

60

index relative to particular base market

Total

tends to rise. Volatility index declines when the

50

capitalisation value.

Dividend Index.

markets become less volatile.

CNX Nifty can be used for a variety of

Sectoral break-up of CNX Nifty Index

(January 31, 2014)

This volatility index is computed by NSE based on

METALS
5%

CONSTRUCTION
5%

CONSUMER GOODS
12%

IT
18%

10

Jun-14

Mar-14

Dec-13

Jun-13

Sep-13

Mar-13

Dec-12

Jun-12

Sep-12

0
Mar-12

options contracts which are traded on the F&O

20

Dec-11

AUTOMOBILE
9%
CEMENT &
CEMENT PRODUCTS
3%

bid-ask quotes of near and next-month NIFTY

30

Jun-11

the order book of NIFTY Options. For this, the best

40

Sep-11

ETFs and structured products.

Nifty

Mar-11

TELECOM
2%
PHARMA
6%

portfolios, launching of index funds,

CNX

Dec-10

and

Jun-10

Index

Mar-09

purposes such as benchmarking fund

Return

India VIX Index values

market value of all the stocks in the

Sep-10

investors

Mar-10

the

Dec-09

indicates

Jun-09

VIX

Sep-09

of the index reflects the total free float

India

segment of NSE are used.

LIX15
LIX15 Index is designed to provide exposure to the
15 most liquid stocks while making the index
easily replicable and tradable.

Broad Market Indices

INDUSTRIAL
MANUFACTURING
1%

ENERGY
14%

FINANCIAL SERVICES
25%

Portfolio Characteristics
Methodology:
No. of Constituents:
Launch Date:
Base Date:
Base Value:
Calculation Frequency:
Index Rebalancing:

Free Float Market Capitalisation

50
April 01, 1996
November 03, 1995
1000
Real-time Daily
Semi-Annually

CNX Nifty

CNX 100

CNX 200

CNX 500 Nifty Midcap 50 CNX Midcap

CNX Smallcap

LIX 15

Sectoral Indices
CNX Auto

CNX Bank

CNX Energy

CNX Finance

CNX Metal

CNX Pharma

CNX PSU Bank

CNX Realty

CNX FMCG

CNX IT

CNX MNC

CNX PSE

CNX Media

Thematic Indices
CNX Commodities

CNX Consumption

CNX Infrastructure

CNX Service Sector

Strategy Indices
CNX 100 Equal Weight

CNX Alpha Index

CNX Dividend Opportunities

IndexNifty TR 2X Leverage

CNX High Beta Index

CNX Low Volatility Index

CNX Nifty Dividend

Nifty TR 1X Inverse

India Index Services & Products Limited (IISL), a subsidiary of NSE Strategic Investment Corporation Limited, pools the index
development efforts of NSE into a co-ordinated whole - Indias first specialised company focused upon the index as a core product. It
provides a variety of indices and index related services and products for the Indian capital markets. All indices above as on Oct. 2013.

A BETTER LIFE:
access

When
is
widened to
accommodate a billion.

Technology
technology

that

that

enables

empowers

the

growth,

In its lifespan, NSE has pioneered and

weak,

propagated several game-changing investor

technology that ensures everyones invited.

that

seamlessly

flowed

into

the

As Indias leading stock exchange, NSE

environment and have now become an

carries the mantle of creating technology

intrinsic part of the investing culture in India

that creates a new India. A mantle worn with

and in some cases, the world.

pride and responsibility.

National Stock Exchange of India Limited

tools

Technology
NSE is always switched on for business.

Over

the

The NSE network is the largest private

real-time

years,

NSE

has

reinforced

NSE Twitter

delivers

to

subscribers,

surveillance

by

dedicated

market information displayed on the NSE

wide area network in the country and the

professionals, multiple smart applications

profile page every five minutes on Nifty,

first extended C- Band VSAT network in

and multiple models to track trading

Junior NIFTY, Currency Derivatives, and

the world. The unique IP-based solution

patterns and deviations in the shortest

Interest Rate Futures.

woven around Points of Presence (PoP) in

time with the objective to protect market

major Indian cities has de-risked the

integrity.

The cutting-edge technology application

system and made it possible to create

makes it possible for NSE to empower

alternative layers of support to facilitate

The NEAT on Web (NOW) application

members to strengthen their services,

interruption-free trading.

provides specific solutions to members

widen the investor pool and deepen the

not owning technical sophistication or

investing culture in India.

NSE trading engines are benchmarked to

large budgets, hence enabling members

manage throughput at sub millisecond

to focus on their core business, enhance

response

access on the move and plug into toll-free

Direct

time. The
Market

Member

Access

friendly
and

support. Access to multiple exchanges,

Algorithmic (algo) trading facilitates the

smart order routing, historical and real

algo markets through narrow spreads,

time intraday charting any many more

efficient

user-friendly

trades,

liquid

(DMA)

markets

and

tools

help

in

efficient

growing throughput.

execution from a single access.

NSE provides diverse baskets of market

NSE Really Simple Syndication (RSS) feeds

data for the order book bid and asks -

highlight fresh material on NSE circulars,

every second. The collocation (colo)

corporate information, and intermediate

services of NSE provide same latency to

cum end-of-day reports.

the

matching

engine.

All

concerned

participants receive the same bandwidth,

two power supplies with a UPS generator
and air-conditioning.

NSE Schematic

A BETTER LIFE:
When education

empowers,

enables and enriches.

How do you get citizens to rise above the

barriers of ignorance and illiteracy towards a
brighter, independent life?

How do you help investors take informed

decisions before investing their life savings?
As Indias leading stock exchange, NSEs

How do you equip individuals with the

primary focus is to cultivate a culture of

right skills and expertise so that they become

knowledge and towards this end has initiated

a significant and contributing pool of human

a number of educational initiatives such as

resources in the Indian economy?

certification programmes, training, financial

literacy at school level and short-term courses
at college levels.

National Stock Exchange of India Limited

Financial Literacy
To know is to grow
Empowerment

of

investors

2,65,000 students

through

know the difference between saving and investing

education and protection of interest of

investors is one of the primary objectives
of NSE. Focused efforts have been made

LIFE. An initiative by NSE to promote and

to

spread financial literacy as a necessary life

enhance

the

knowledge

and

understanding of new as well as

existing

product

NSE is committed to improving the financial

various interactive sessions and training

well-being of people. With this objective,

programs

NSE has carefully designed its courses to

are

available

8,00,000 professionals

skill.
through

that

categories

to

NSE

members, sub-brokers, and investors.

are certified to promote a climate of prosperity

progressively build on responsible financial

behaviour by touching an individual at

Innovative

and

unique

outreach

programmes have been undertaken to

communicate investor messages through
campaigns

on

outdoor,

print

and

electronic media.
Investor Services Cell of the Exchange
deals with issues of investors. NSE provides
comprehensive suppor t to investors

various stages of education.

NSE has taken several initiatives to empower

Indias students in schools and colleges. These
initiatives are aimed at teaching them the
basics of finance and money management, so
that they are better prepared for the future.
Some of the initiatives at the school, college

Trading Laboratory

and

To empower investors, intermediaries and

university

level

that

have

been

undertaken are

understand capital markets and handle the

through consultation and struc tured

arbitration process. Additionally, they can

students with skills and knowledge required to

also track the status of their issues.

Tie-up with schools in State Education

challenges of the fast changing economy, NSE

Boards

has tied up with renowned knowledge centers

Partnership with Central Board for

to open investment LAB.

Secondary Education (CBSE) for academic

courses

The NSE-ISB Trading Laboratory is one such

Certified Capital Market Professional

centers which aims to offer users a professional

(NCCMP) courses with colleges

real time live trading experience. These labs

PG programs, MBA and BBA in Financial

are equipped with fourth generation machine

Markets in collaboration with universities

with a dual screen monitor backed by high

Tie-up with NIFM for courses in financial

speed processors to enable users to engage in

markets

real time, high speed trading activities. The

Lab also offers access to premium financial
databases

such

as

Bloomberg,

Thomson

Reuters, Morningstar, S&P Capital IQ, CRSP and

Wharton Research Data Services.

NSEs Certification
in Financial Markets
Arming the army
In

order

to

dispense

quality

Taking

into

The NCFM
Programme Tests
to create the best

account

international

NCFM

is

an

online

testing

and

course

covers
such

intermediation, personnel working in

experience and the needs of the Indian

certification programme. It tests the

topics

the industry need to (i) follow a certain

financial

to

practical knowledge and skills required

expenditure,

code

markets,

with

view

in
as

simple

language,

income,

taxation,

savings

&

investment

protecting interests of investors in

to operate in the financial markets.

avenues, borrowing, managing risk,

through regulations and (ii) possess

financial

Tests are conducted in a secure and

budgeting etc.

requisite skills and knowledge acquired

importantly, for minimising risks of

unbiased

through

losses

awarded

of

conduct

usually

system

of

achieved

testing

and

markets
arising

out

and

more

of

limited

manner
based

and

on

certificates

merit

of

the

and

candidate to qualify for the online test.

human

instruments, National Stock Exchange

The entire process of testing, assessing

technological

introduced in 1998, a facility for testing

and scores reporting in the NCFM is

support, it is important that the person

and certification by launching NSE's

fully automated. The Test is also offered

providing intermediation has a proper

Certification

online to enable candidates outside the

understanding of the business and the

(NCFM).

certification.
As

understanding

intermediation

expertise

more

involves

than

of

in

markets

Financial

Markets

designated test centres to take tests at

skills to help it remain competitive. In

their convenience. This allows flexibility

order to ensure this, it has become an

in terms of testing centres, dates and

accepted

international

timing and provides easy accessibility

personnel

working

intermediaries

to

practice
for

be

for

market

adequately

and convenience to candidates.

NSE has joined hands with Maharashtra
Knowledge Corporation Ltd. (MKCL) to

certified.
has

launch a basic course in personal

assumed significance in India as there is

financial management. The aim of the

no formal education or training on

course is to educate learners on simple

financial markets, especially in the area

concepts

Such

testing

and

certification

of operations, while at the same time

the market has undergone a complete
transformation in the recent years.

of

personal

finance. The

NSE Group and Associate Companies

Group Companies

Associate Companies

National Stock Exchange of India Limited

NSDL E-governance Infrastructure Limited

National Securities Clearing

National Securities Depository Ltd.

Corporation Limited
Power Exchange India Limited
NSE Strategic Investment
Corporation Limited

India Index Services & Products Ltd.

DotEx International. Ltd.

NSE.IT Ltd.

NSE Infotech Services Limited

NSE.IT (US) Limited

NCDEX

Market Simplified India Limited

Computer Age Management Services (CAMS)