sumit sengupta
11 years 7 months ago
to start with). But this rule is completely aimed at closing the small exchanges to put all the stock exchanges in the same platform. NSE having more than 200000 crore daily turnover cant be judged at the same pitch with CSE having daily turnover of around 60 crore. But to comply SEBI circular all Exchanges must have clearing corporation with same net worth requirement of Rs.300 crore.
· CSE has done an average turnover of Rs.7000 crore per year for last 5 years continuously, which is well abov
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