What is IndoNext which was launched in Jan.2005? (UPSC Prelims 2006)

Question

BSE IndoNext is a joint initiative by BSE and Participating RSEs. In order to instill higher sense of involvement on the issues relating to management, business development, marketing and general operations of the BSE IndoNext platform, a \"BSE IndoNext Council\" has been constituted. This Council\'s duties have been defined in the Bye-laws of BSE and participating RSEs and operate under the overall supervision and control of the Governing Board of BSE.

GKToday Admin · Accepted Answer

An alternative trading platform being promoted by the Bombay Stock Exchange and Regional Stock Exchanges BSE IndoNext is a joint initiative by BSE and Participating RSEs. In order to instill higher sense of involvement on the issues relating to management, business development, marketing and general operations of the BSE IndoNext platform, a \"BSE IndoNext Council\" has been constituted. This Council\'s duties have been defined in the Bye-laws of BSE and participating RSEs and operate under the overall supervision and control of the Governing Board of BSE.

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