(Last Updated on : 27/05/2016)
Calcutta Stock Exchange is an economical building of Kolkata
. This building is now regulating the stock market of eastern part of India. It is abbreviated to CSE.
Location of Calcutta Stock Exchange
Calcutta Stock Exchange is located at the Lyons Range, Kolkata, West Bengal
. Calcutta Stock Exchange is the oldest stock exchange in South Asia.
History of Calcutta Stock Exchange
Calcutta Stock Exchange was incorporated in the year 1908. It is second largest bourse in India. In 1830, the bourse activities in Kolkata were conducted under a neem tree. The earliest record of dealings in securities in India is the British East India Companys loan securities. In 1908, the stock exchange was incorporated and consisted of 150 members. The present building at the Lyons Range was constructed in 1928. The Calcutta Stock Exchange Ltd was granted permanent recognition by the Government of India 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 until 1997, when it was replaced by an electronic system known as C-STAR (Calcutta Stock Exchange Screen Based Trading And Reporting).
Abbreviation of Calcutta Stock Exchange
The full form of CSE is Calcutta Stock Exchange.
Calcutta Stock Exchange and Bombay Stock Exchange
The Bombay Stock Exchange (BSE) has made a strategic investment in Calcutta Stock Exchange, acquiring 5% of its shares.
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