NSE segment Market Share (%) 2008–09
• Capital market
71
• Wholesale debt market (Share in SGL)
43
• Futures and options
99
• Currency Derivatives
52

Capital Market Segment of the NSE

The capital market segment, which covers trading in equities, commenced trading on November 3, 1994. NSE adopted the order-driven trading system as opposed to a quote-driven system. The order-driven system helped reduce jobbing spreads to cut down transaction costs.

As on March 31, 2010, there were 1,470 listed companies on NSE. On an average, 85 per cent of their stocks are traded every day. The exchange covers 90 per cent of all-India market capitalisation.

Table 8.10 captures important indicators on the National Stock Exchange.

Trading volumes ...

Get The Indian Financial System: Markets, Institutions and Services, 3rd Edition now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.