Delhi Stock Exchange Association
From Wikipedia, the free encyclopedia
The Delhi stock Exchange Association Limited (DSE) is located in New Delhi, India. It was incorporated on June 25, 1947. The exchange is an amalgamation of Delhi Stock and Share Brokers' Association Limited and the Delhi Stocks and Shares Exchange Limited. It is India's fifth exchange. The exchange is one of the premier Stock Exchange in India. The Delhi Stock Exchange is well connected to 50 cities with terminals in North India.
The exchange has over 3,000 listed companies. It has received the market regulator's permission from BSE and has become a member. Now it facilitates the DSE members to trade on the BSE terminals. The exchange is also considered the same from NSE.
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[edit] DSE Dematerialised Trading
Delhi Stock Exchange has paired up with the National Security Depository Limited (NSDL), and commenced trading in dematerialised shares. This started September, 1988. However, the option for delivering shares either in physical or demat form started in November of 1998.
[edit] DSE Trade Guarantee Fund
DSE initialised its Rs.125 crore Trade Guarantee Fund on July 27, 1998. TGF guarantees all the transactions of the DSE interse through the Stock Exchange. If a member fails to honour the settlement commitment, TGF undertakes to fulfill the commitment and complete all the settlement without disruption.
[edit] Official address
DSE Office The Delhi Stock Exchange Association Limited West Plaza Indira Gandhi Stadium New Delhi-110002 India Tel.: +(91)-11-2337 9590, 2337 9951