The National Stock Exchange of India Ltd. (NSE), India’s leading Stock exchange, today organized the ‘Investor Fair’ in Indore to create awareness, inculcate knowledge and educates the investors. This is the second Investor Fair in Central India organized by the National Stock Exchange, which witnessed over 2000 investors including 300 students and 250 SME owners and numbers of free commodity tips researchers.
The NSE Investor Fair focused on three comprehensive themes-Mutual Funds – An Investment Tool for Wealth Creation, SME Listing – A Transformational Model for SME Companies and Indian Growth Story & Financial Markets. The NSE Investor Fair received an overwhelming response, with active participation from investors from all walks of life.
Indore being the economic capital of Madhya Pradesh, NSE has conducted various workshops and programs over the month of August thus catering to and engaging the different sections of the society to be it the housewives, doctors, engineers, students and the senior citizens. There were 22 Stall participants out of whom 14 were Stock Brokers, 8 were Mutual Fund Companies.
Black Rock and was attended by investors in large numbers. At the SME panel discussion, promoters from four local SME listed companies shared their experiences. They explained how the listing of SMEs on NSE Emerge ensures easier access to capital for the expansion and growth of their businesses thus ensuring higher visibility to smaller local companies at the national level, lending high credibility and ability to unlock valuation.
About National Stock Exchange of India Limited (NSE):
NSE is one of the first exchanges in the country which is de-metalized, where the management and the ownership of the Exchange are totally separate from the right to trade on it. Though the impetus for its establishment came from policymakers in the country, it has been set up as a public limited company.
NSE has adopted the form of demutualized exchange from its very first day. It means, the ownership, trading, and management are in the hands of three different sets of people. NSE is not a single owned exchange, it is owned by a group of leading financial organizations, banks, insurance firms and other financial intermediaries and is managed by experts, who do not participate in the trade on the Exchange, it also includes research firms who provide MCX tips. This has totally solved the conflicts within the exchange and favored NSE in aggressively implementing policies and practices within a public interest.
The model of NSE, in fact, accommodates involvement, support, and contribution of trading members in so many ways. Its Board comprises of more than 80 senior executives, eminent professionals in the fields of law, economics, accountancy, finance and marketing, taxation, market experts etc, nominees of SEBI and one full-time executive of the Exchange.
NSE has made its own identity which is different from other exchanges in India where membership automatically implies ownership of the exchange. The ownership and management of NSE have been kept aside from the right of traders.