(Disclosure:I am market making in the shares of BSE)
BSE has been the first word in the financial markets. When you think of stock markets, you think of BSE and Sensex has been a part of your life although many of us may not want to but still many remember when I was in class 10 what was the Sensex number, when I got married what was the Sensex number and when I had my first only child what was the Sensex number. So, effectively Sensex has been part of our life. So, effectively BSE will remain the first word in the markets and BSE will also remain the last word, like today we have done the closing bell, so, effectively BSE will continue to be the largest section in the world in terms of number of stocks listed, 5525.
For currency today other exchanges are charging around Rs 100-120 even after discounts. BSE is charging Rs 2 per crore; 99.5 percent lower and similarly in Options other exchanges are charging Rs 5,000 to Rs 1,000 on round three basis for crore. BSE is charging Rs 50 per crore. On stock Futures BSE is charging 80-89 percent lower. On equities, which is an old style business, BSE is charging 20-25 percent lower. Every aspect of it including newer aspects like mutual fund distribution through exchanges BSE is a market leader. In offer for sale almost out of 130 plus transactions that have happened on offer for sale. BSE has been there throughout. Similarly debt distribution through exchanges last three years 90 percent of the corporate debt that has come into Indian market have been distributed by BSE.-said Ashish Chauhan,MD & CEO,BSE