1.

Record Nr.

UNINA9910968493203321

Autore

Machiraju H. R

Titolo

The working of stock exchanges in India / / H. R. Machiraju

Pubbl/distr/stampa

New Delhi, : New Age International (P) Ltd., c2009

ISBN

1-282-38578-X

9786612385780

81-224-2925-4

Edizione

[3rd ed.]

Descrizione fisica

1 online resource (323 p.)

Soggetti

Finance - India

Stock exchanges - India

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

""Cover ""; ""Preface ""; ""Chapter 1. Stock Exchanges in India""; ""Introduction""; ""Primary Market""; ""Stock Market""; ""Symbiotic Relationship between Primary and Secondary Markets""; ""Growth and Organisation of Stock Exchanges""; ""Management of Stock Exchange""; ""Regulation of Stock Exchanges""; ""Definition of Stock Exchange""; ""Growth Pattern of Listed Stock (1946-95)""; ""Indian Stock Exchanges Services Corporation (ISESC)""; ""Impact of Stock Exchanges on Economic Growth 2""; ""Market Capitalisation and GNP""; ""Trends in Savings of Household Sector""; ""New Issue Market""

""Equity Cult""""Secondary Market for Debt""; ""Chapter 2. Functions of A Stock Exchange""; ""Introduction""; ""Functions of Secondary Markets""; ""Continuous Market""; ""Frequency of Sales""; ""Impact Cost: Liquidity Measure""; ""Empirical Measurement of Liquidity""; ""Fair Price Determination""; ""Aid to Financing Industries""; ""Other Functions""; ""Efficient Transformation into Real Capital""; ""Market Efficiency""; ""Perfect Capital Market""; ""Working of the Stock Exchanges (Patel Committee)""; ""Pherwani Study Group 1991""; ""Analysis of Trading in Shares""

""Results of Empirical Analysis""""Chapter 3. Major Stock Exchanges in India""; ""Introduction""; ""Turnover and Market Share of Stock Exchanges""; ""National Stock Exchange""; ""Objectives of NSE""; ""Order



Driven System""; ""Mark-to-Market""; ""Price-Bonds ""; ""Minimum Paid-up Capital""; ""Options and Futures""; ""Trading on NSE""; ""Wholesale Debt Market""; ""Capital Market Segment""; ""Counter Guarantees""; ""BOMBAY STOCK EXCHANGE [Turnover and Deliveries]""; ""Listing Requirement""; ""Listing Agreement and Corporate Governance""; ""Central Listing Authority (CLA)""

""Demutualization of BSE""""Over The Counter Exchange of India ""; ""Introduction""; ""OTC Market in USA""; ""Objectives of OTECEI""; ""Members and Licensed Dealers""; ""Members""; ""Dealers""; ""Fees""; ""Listing on the OTC Exchange""; ""Listing Requirements of OTCEI""; ""Guidelines for Issue of Shares""; ""Revised Guidelines for Bought-out-Deals (BODs) (22.1.1996""; ""Trading""; ""Methods of Offer""; ""Listing Procedure""; ""Trading Mechanism""; ""Settlement""; ""Benefits to Investors""; ""Dave Committee Report""; ""Financial Performance of Exchanges""

""Chapter 4. Regulations Relating to Stock Exchanges""""Recognition of Stock Exchanges""; ""Control over Stock Exchanges""; ""Securities Contracts (Regulation) Rules, 1957 ""; ""Procedure for Recognition of Stock Exchange""; ""Books of Account and Other Documents to be Maintained  by Stock Exchanges  ""; ""Submission of Annual Returns""; ""Submission of Periodical Returns""; ""Inquiry into the Affairs of Stock Exchanges or Members""; ""Surveillance at Stock Exchanges""; ""Stock Watch System""; ""Chapter 5. Regulations Relating to Stock Brokers ""; ""Regulation by SEBI of Stock Brokers""

""Powers of SEBI ""

Sommario/riassunto

About the Book: The book presents the concepts and practices of the working of stock exchanges in India. A comparison of US as well stock exchanges abroad, both developed and emerging, have been presented. The evolution from forward trading, badla, to rolling settlement has been traced. The book covers Functions of the stock exchange Role of SEBI in regulating markets and their working Functioning of BSE, NSE and OTCEI Insider trading Market indicator series and trends in share prices Depositories Trading in derivatives The book includes a glossary and an index. Contents: Stock Exchanges in India Functions of a Stock Exchange Major Stock Exchanges in India Regulations Relating to Stock Exchanges Regulations Relating to Stock Brokers Trading in Stock Exchanges Clearing and Settlement in Stock Exchanges Depositories National Stock Market System Select Stock Exchanges Abroad Insider Trading Stock Market Indicator Series Trading in Derivatives Regulation of the Stock Markets.