Gauhati Stock Exchange

Guwahati Stock Exchange (GSE) is a defunct stock exchange located in Gauhati, Assam.[1]

It was incorporated on 29 November 1983 and it was recognised by the Government of India on 1 May 1984 and was permitted to be closed by market regulator SEBI on January 2015.[2]

By 1999-2000, the exchange had a total of 206 brokers, out of which 5 were corporate brokers. Among 206 brokers, there were 200 proprietor brokers, 1 partnership broker and 5 corporate brokers; only 4 sub-brokers registered. At the time of exit, the GSE had 290 listed companies.

The GSE was inter-connected with the National Stock Exchange of India (NSE) through the ISE Securities and Services Ltd. (ISS). ISS is the subsidiary of Inter-connected Stock Exchange of India Ltd. and GSE is one of the associated exchange of it. The trading of GSE is done through screen-based trading system.

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ReferencesEdit

  1. http://www.thehindu.com/business/markets/sebi-allows-gauhati-stock-exchange-exit-from-bourse-business/article6826947.ece
  2. "Gauhati Stock Exchange receives SEBI nod to exit business". business-standard.com. business-standard.com. Retrieved 29 May 2017.