Madras Stock Exchange (MSE) was inaugurated on 4th September 1937 and has completed 75 years of contribution to the growth of Industries in South India in general and the Capital Market in particular. MSE is the first stock exchange to be established in South India and 4th in India. Being 75th year, MSE has proposed to celebrate its Platinum Jubilee in a grand manner.
Strategic Arrangement with NSE
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| V. Nagappan, S. Lakhmanaraman, S. Venkateswaran, in IAP |
Mr. S. Venkateswaran, Director, MSE informed that the Strategic Arrangement entered into with NSE in 2009, to enable the members of MSE to trade in NSE Trading Platform and to provide liquidity for the companies listed on the Exchange through NSE Platform, has been satisfactorily functioning and fetching good volume of business. As on date 60 MSE listed companies have been allowed for trading in NSE Platform and are actively traded, which is expected to increase to 100 shortly.
Under this Strategic Arrangement between MSE & NSE, the members of MSE are permitted to trade on NSE. The members trading on NSE can issue contract notes of their own as a member of MSE.
Under this Strategic Arrangement between MSE & NSE, the members of MSE are permitted to trade on NSE. The members trading on NSE can issue contract notes of their own as a member of MSE.
Revival of MSE Trading Platform
There are 1,200 companies listed on MSE as on date. To provide liquidity and price discovery for the small and medium cap companies and the companies which are not listed on BSE and NSE, MSE is embarking upon revamping its own Trading Platofrm with a pan India presence.
NSE IT has provided the requisite software and all arrangements to start the trading operations are in an advanced stage of completion. The new trading platform is expected to be in place by May, 2012, on receipt of necessary approval from SEBI. It was also mentioned that nearly 600 companies, listed on MSE, are not listed on BSE or NSE.
NSE IT has provided the requisite software and all arrangements to start the trading operations are in an advanced stage of completion. The new trading platform is expected to be in place by May, 2012, on receipt of necessary approval from SEBI. It was also mentioned that nearly 600 companies, listed on MSE, are not listed on BSE or NSE.
New Membership
As part of its new initiatives, MSE is expanding its membership base to semi urban and rural areas and also other States. At present, MSE has already got 200 members spread over the States of Andhra Pradesh, Maharashtra, Rajasthan, New Delhi, Gujarat, Karnataka and Kerala, apart from Tamilnadu. The Admission fee is kept at an affordable level of Rs.1 lakh. Further, members of other Regional Stock Exchanges and professionally qualified persons are eligible for 50% concession in the payment of admission fee.
Soon, a MSE member will have 4-in-1 business opportunity to trade on NSE Trading Platform through MSE, proposed MSE trading platform and on BSE & MCX-SX, through its Subsidiary. With all these initiatives, MSE is confident of getting more number of companies listed on the Exchange in the days ahead.
Soon, a MSE member will have 4-in-1 business opportunity to trade on NSE Trading Platform through MSE, proposed MSE trading platform and on BSE & MCX-SX, through its Subsidiary. With all these initiatives, MSE is confident of getting more number of companies listed on the Exchange in the days ahead.
Depository Activities
MSE is a depository participant of both NSDL & CDSL and is providing depository services to its members and public at very affordable cost. It has branches at T. Nagar and Mylapore in Chennai, Karaikkudi, Tirunelveli, Virudhunagar, Coimbatore and Bangalore.
Already more than 15,000 investors have opened their accounts with MSE DP. MSE DP is also offering Depository services for holding E-Series commodity units.
Already more than 15,000 investors have opened their accounts with MSE DP. MSE DP is also offering Depository services for holding E-Series commodity units.
Activities of MSE ICM
Speaking on the occasion, Mr.V. Nagappan, Director, MSE, mentioned that Madras Stock Exchange Limited (MSE) has always been playing an active role in enhancing the Investor Awareness and has been regularly conducting Investors Awareness and Education programmes (IAEP) throughout the state of Tamil Nadu and in some places in the neighbouring States.
To achieve the above objective in expeditious manner, Mr. V.Nagappan, mentioned that MSE has set up a separate wing, called MSE Institute of Capital Markets.
Briefing further on the activities of MSE ICM, Mr.Nagappan said that it is conducting Investors Awareness Programmes (IAP) every third Saturday of the month at its premises in Chennai. It has been decided to conduct Investors Education Programme for Beginners every first Saturday of the Month at Chennai.
Apart from conducting IAPs throughout the State of Tamilnadu and neighbouring States, MSE ICM is also conducting workshops / seminars for college students to inculcate basic knowledge on stock market. So far more than 150 such IAEPs, benefiting School/College students, professionals, Stock Brokers, Sub-brokers, investors, Members of ICAI, ICWAI, ICSI and Members of various Chambers of Commerce.
The Institute, in association with the National Institute of Securities Markets (NISM), which is established by SEBI, has introduced the financial literacy programme – Pocket Money, to school students in Chennai, to impart real life financial skills to school children. The programme has been introduced in 15 schools in the last three years, benefiting 3,000 students.
In order to help the students and investors appearing for various Exams being conducted by the National Institute of Securities Markets (NISM), National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), the Institute proposes to conduct training classes.
Registered Office
To achieve the above objective in expeditious manner, Mr. V.Nagappan, mentioned that MSE has set up a separate wing, called MSE Institute of Capital Markets.
Briefing further on the activities of MSE ICM, Mr.Nagappan said that it is conducting Investors Awareness Programmes (IAP) every third Saturday of the month at its premises in Chennai. It has been decided to conduct Investors Education Programme for Beginners every first Saturday of the Month at Chennai.
Apart from conducting IAPs throughout the State of Tamilnadu and neighbouring States, MSE ICM is also conducting workshops / seminars for college students to inculcate basic knowledge on stock market. So far more than 150 such IAEPs, benefiting School/College students, professionals, Stock Brokers, Sub-brokers, investors, Members of ICAI, ICWAI, ICSI and Members of various Chambers of Commerce.
The Institute, in association with the National Institute of Securities Markets (NISM), which is established by SEBI, has introduced the financial literacy programme – Pocket Money, to school students in Chennai, to impart real life financial skills to school children. The programme has been introduced in 15 schools in the last three years, benefiting 3,000 students.
In order to help the students and investors appearing for various Exams being conducted by the National Institute of Securities Markets (NISM), National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), the Institute proposes to conduct training classes.
Registered Office
No.30, Second Line Beach,
Chennai, 600 001, Tamilnadu, India.
Landline:091-44-25228951/52/53/57,091-44-25224393
Fax:091-44-25244897 E-Mail-info@mseindia.in,
website:www.madrasstockexchange.in
Investor Services Centres :
T.Nagar, Chennai
Madras Stock Exchange Ltd
Rainbow Arcade
Shop No.26, 1ST Floor
Sir Thyagaraya Road
T.Nagar
Chennai – 600017
Ph.No: 044-24340995
Contact Person: Mrs. H. NithyaMylapore, Chennai
Madras Stock Exchange Ltd
New No.27, Old No.11
Nadu Street
Mylapore
Chennai-600004.
Ph.No.24622443
Contact Person: Mr. JaykumarVirudhunagar
Madras Stock Exchange Ltd
Ayyan Complex
No.130/20-K, Kutchery Road
Opp.Telephone Exchange
Virudhunagar-626001.
Ph.No: 954562-243201
Contact Person: Mrs. SubbulakshmiKaraikudi
Madras Stock Exchange Ltd
No.118, Matha Tower
Opp.Periyar Statue
Karaikudi-630001.
Ph.No: 954565-233842.
Contact Person: Mr. Meenakshi SundaramTirunelveli
Madras Stock Exchange Ltd
Raja Rishi complex,
182/E-6 first floor,
No. 5, Swami Nellaiyappar High Road
Tirunelveli-627 001.
Ph.No: 95462-2322241.
Contact Person: Mrs. LakshmiCoimbatore
Madras Stock Exchange Ltd
No. 41-A, Lokmanya Street,
R.S.Puram west,
Coimbatore - 641002.
Ph: 0422-2544155.
Contact Person: Mrs.A. BeulaBangalore
Madras Stock Exchange Ltd
No. 160, 32nd Cross,
11th Main , 4th Block East,
Jayanagar(opp. Kalamandir),
Bangalore - 560011.
Ph: 9886881941.
Contact Person: Mr. S. Shashidara
Photo: The Hindu
Photo Caption : V. Nagappan, Director MSE, S. Lakhmanaraman, Share Expert S. Venkateswaran, Director MSE are in Investors Awareness Programme
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