Calcutta Stock Exchange Association Limited

Calcutta Stock Exchange Association Limited , popularly the Calcutta Stock Exchange (CSE), located at the Lyons Range, Kolkata, India, was incorporated in 1908 and is the second largest bourse in India.

History
In 1830, the bourse activities in Kolkata used to conducted under a neem tree. The earliest record of dealings in securities in India is the British East India Company’s loan securities. In 1908, the stock exchange was incorporated and had consisted of 150 members. The present building at the Lyons Range was constructed in 1928. The Calcutta Stock Exchange has been granted permanent recognition by the Central Government with effect from April 14, 1980 under the relevant provisions of the Securities Contracts (Regulation) Act, 1956. The Calcutta stock exchange followed the familiar outcry system for stock trading up until 1997, when it was replaced by an electronic (eTrading) system known as C-STAR (CSE Screen Based Trading And Reporting).


Alliance
Bombay Stock Exchange(BSE) has made a strategic investment in Calcutta Stock Exchange, acquiring 5% of its shares.


Profile

Committee
The committee of the Calcutta Stock Exchange Association Limited is superseded by SEBI and by the appointed administrator Mr. Tushar Kanti Das (IAS retired).


Public representatives
V.P.Ramachandran, IAS(Retd.)
Biswajit Choudhuri
Tallen Kumar, IAS
D.Chakraborty, IRS(Retd.)
Abhirup Sarkar
D.Paul, WBHJS(Retd.)
D.Basu, WBHJS(Retd.)
B.P.Dasgupta, WBHJS(Retd.)

Senior executives
P. K. Ray - Secretary
K.Mukhopadhyay - Deputy Secretary
P. Kumar - Manager-Market Operation, Margin & Legal
D. Biswas - Manager-Securities
M.A.V Raju - Manager-Surveillance and Inspection
P. S. Mohapatra - Manager-Information Technology
D. Chakraborty - Manager-Accounts and Administration
P. Chowdhury - Manager-Market Operation
B K Nadhani - Manager-Margin
A Santra - Manager-Surveillance

CSE indices
Two indices are in use:

CSE - 40 index
CSE - 50 index