Question

Which of the following is/are true about NSE?

• A. The transactions and orders are entered only through code numbers.
• B. There is no need for any stock exchange floor to transact.
• C. It has its access throughout the country.
• D. All of the above

Answer 1

The correct option is D All of the above

Following are true about NSE:

a) The transactions and orders are entered only through code numbers.

b) There is no need for any stock exchange floor to transact.

c) It has its access throughout the country.

Meeting international benchmarks and standards is one of the objectives of NSE. NSE ensures equal access for investors all over the country with the help of appropriate communication network. The NSEI was established by financial institutions, insurance companies and banks. NSE is managed by professionals, who do not directly or indirectly trade on the exchange.In NSE, the trading rights are with the trading members who offer their services to the investorsNSE launched the capital market segment in November 1994. NSE launched the futures and options segment in June 2000 for various derivative instruments.