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FEATURES OF STOCK EXCHANGE 1.Stock exchanges have been an association of individualmembers called member broker.2.

Stock exchanges are formed for the express purpose of regulating and facilitating the buying and selling by aninstitution at large. 3. Stock exchange operate with due recognition with govt. under securities and contract regulation act 1956. 4. The member brokers are middleman who transact on behalf of public for commission.5 . B O D l i m i t i s g i v e n b y S E B I . 6. Total 13 directors are in every stock exchange. 7. Board is headed by president.8.SEBI has been set to oversee the orderly development of stock exchange. 9. Stock exchange list the companies who wishes to raise thefunds of cap.from public. 10. Stock exchange facilitates trading in securities of the publicsector companies as well as govt.securities.

11. The recognition accorded to a stock exchange is valid for period of 5 years subject to satisfactory performance of stock exchange during this period. 12. Daily total turnover of all the stock exchanges is Rs.70000crores (approx.)13. In India only recognized stock exchanges can operate. 14. Stock exchanges provide finance for production outputs.15. It is a nerve centre. FUNCTIONS OF STOCK EXCHANGES1.It channelises the household savings into investments.2.It plays vital role in the development of economy of thecountry.3.Provides liq1uidity and transpirancy.4.It encourages the companies to perform the best possible way.5.Ensure funds and capital to flow into profitableenterprises.6.Increase the mkt value of shares.7.Protect interest of investots.8.Provide platform for investors to trade.9.To ensure recognized code of

conduct.10.Stock exchanges indirectly helps in providingemployment to millions of peoples. LIST OF VARIOUS REGIONAL STOCK EXCHANGES:S . N O N a m e o f S t o c k ExchangeYear of establishmentType of Organizations1. Bombay stock exchange 1 8 7 5 V o l u n t a r y n o n p r o f i t organization 2. Ahmadabad Stock exchange 1897 Voluntary non-profitorganization 3. C a l c a t t a s t o c k e x c h a n g e 1 9 0 8 P u b l i c l i m i t e d company 4 . M . P s t o c k e x c h a n g e Indore1930 Voluntary non-profitorganization 5 . M a d r a s s t o c k exchange1 9 3 7 C o . l i m i t e d b y guarantee6 . D e l h i s t o c k e x c h a n g e 1 9 4 0 P u b l i c l i m i t e d company7 . H y d r a b a d s t o c k exchange1 9 4 3 C o . l i m i t e d b y guarantee8 . B a n g l o r e s t o c k exchange1 9 5 7 P v t . C o n v e r t e d

i n t o public ltd.Company9 . C o c h i n s t o c k exchange1 9 7 8 P u b l i c l i m i t e d company1 0 . U . P s t o c k e x c h a n g e kanpur 1 9 8 2 P u b l i c l i m i t e d company1 1 . P u n e s t o c k e x c h a n g e 1 9 8 2 C o . l t d . B y guarantee

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