NSE embarks to top slot as largest bourse globally for equity trades
As per World Federation of Exchanges (WFE) the National Stock Exchange (NSE) has again embarked its position as the world’s largest bourse in terms of volumes in equity trades.
Even after a fall of 9.7% in its equity trades last month NSE registered a total of 112 million trades and thus now making it the world’s top exchange on this parameter among the 50 bourses listed with WFE. NSE was also ranked first in terms of equity trades for the first half of 2013 with a total of 711.8 mn trades.
BSE, stood at the 8th place with 24.4 mn trades on its platform. Although the total number of listed companies is much larger in case of the BSE, the exchange lags behind NSE significantly in terms of volume and value of trades.
Month: Current Affairs - July, 2013