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BhSE had been
witnessing a good amount of volume of trading on its floor till the year
2000. However, with the expansion of nation-wide trading terminals by
major Stock Exchanges such as National Stock Exchange (NSE) and Bombay
Stock Exchange (BSE) to all most all cities of the country, the business
of local Stock Exchanges was shifted to NSE and BSE. To overcome such
situation, BhSE along with other Regional Stock Exchanges (RSEs) in the
country promoted a Stock Exchange namely, Inter-connected Stock Exchange
of India Ltd. (ISE) which was set up at Navi Mumbai to provide a
nation-wide stock market to the member-brokers of all participating RSEs
as well as to the investing public of the respective States. Presently,
the member-brokers of BhSE are conducting business on the National Stock
Exchange (NSE) and Bombay Stock Exchange (BSE) segments through ISE
Securities & Services Ltd. (ISS), subsidiary of ISE. Present daily average
turnover of member-brokers of BhSE on the NSE and BSE segment is Rs.5
crores.
BhSE is
exploring the ways as to how business on its own segment can be restored.
For this purpose, BhSE has constituted a Task Force to study and examine
several related facts and circumstances and to recommend measures to be
taken for restoration of business.
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