Monday, February 16, 2009

Bhubaneshwar Stock Exchange

Bhubaneshwar Stock Exchange Association Ltd, (BhSE) is locate din Bhubaneshwar, Orissa, India. It was established in the year 1989. It is one among the 21 odd regional stock exchanges in India.

By 1999-2000, the exchange had a total of 234 brokers, out of which 15 were corporate brokers. Among 234 brokers, it was further classified as 209 proprietor and 15 corporate broker. Then, there was only 17 sub-brokers registered.

On 15 September, 2005, SEBI approved the corporatisation and demutualisation schemes of the Bhubaneshwar Stock Exchange which were required in accordance with the provisions of the Securities Contracts (Regulation) Act, 1956.

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