Sine 1978, Cochin Stock Exchange has been playing a key role in the Kochi trade and industry. Providing transparency and accessibility, so that common people can easily invest, is the main objective of the Cochin Stock Exchange. The Stock Exchange of Kochi trades for the sub brokers' clients.
Cochin Stock Exchange is an intermediary duly registered by the Securities and Exchange Board of India. The stock exchange of Cochin, since its inception in the year 1978, has been playing a key role in the Kochi trade and industry. Providing transparency and accessibility so that common people can easily invest is the main objective of the Cochin Stock Exchange. It also owns the CSBL.
About Cochin Stock Exchange
The Cochin Stock Exchange was established in the year 1978. The stock exchange is under the Securities and Exchange Board of India (SEBI) umbrella and follows all commercial rules and regulations as applicable. The Cochin Stock Exchange is a designated trading company member of the Bombay Stock Exchange (BSE) and also the National Stock Exchange (NSE). Besides, it also functions as a broker.
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According to the mandate of SEBI, the Stock Exchange of Kochi trades for the sub brokers' clients. Candidates interested in investing through the Cochin Stock Exchange, are required to register themselves with the sub brokers. As in 2008, 138 brokers are registered to the Kochi Stock Exchange.
Functions of the Cochin Stock Exchange
The Stock Exchange of Kochi employs modern technology in order to cater to the clients. For smooth transaction the stock exchange trades with eminent banks like The South Indian Bank, United trust of India and The Federal Bank. The trading activities of the Kochi stock exchange are carried through four banks.
Facilities Offered by the Cochin Stock Exchange
Advanced software like MULTEX (CMC) and ODIN are used by the CSBL, which is a subsidiary of the Cochin Stock Exchange. The first software screens the trading charts of BSE and NSE in a single monitor. This is done through the leased line of VSAT. The other facilities include use of ISP (Asianet), LAN, Dial up and ISDN.
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