7/26/2019 Cochin Stock Exchange
1/1
Cochin Stock Exchange(CSEor CoSE) was a stock exchange
inKochi,Keralain India.
Incorporated in 1978,[1]it had over !"[#]Indian co$panies listed
at its peak, and d%ring the
199"s, it was the &o%rth largest exchange in India '
t%rnover, with a dail t%rnover o& 7"
1"" crore(e*%ivalent to "1 crore or +- $illion in #"1/). 0he
exchange stopped trading in#""!, and was in the &inal stages
o& clos%re ' a #"1. []
2ochin tock 3rokers, which provides trading &acilities on
the3o$'a tock 4xchange,
and24 Instit%te, an ed%cational organisation, contin%e to
operate 'eond the clos%re o& the
exchange.
History[edit]
2o$p%teri5ed trading was introd%ced in 1997. 0he $a6or 'ack
o&&ice sste$ so&tware %sed are
4 and 3 respectivel &or 4 and 34. 0he trading so&tware
%sed in 23 is %ltex.
0raders are provided eta tock and 4: so&tware, trading
ter$inals and optical &i'er
connections.[];< holdings are $aintained ' de$at services
like 2;.
0he new $illenni%$ saw the stock exchange '%ilding 'eing
shi&ted &ro$ the old str%ct%re in
downtown 2ochin to a 'rand new '%ilding in the Kaloor area in
northern Kochi.
0rading ho%rs historicall %sed to 'egin late in the
a&ternoon ena'ling access to traders &ro$
other regions o& the state. 3ase ini$%$ 2apital re*%ired to
'e $aintained is :s. # lakhs. [!]
0he sec%rities sca$ o& the earl nineties led the ec%rities
and 4xchange 3oard o& India(43I)
reg%lations on stock exchanges re*%ires separation o&
ownership and trading rights and $ade it
$andator &or $a6orit ownership rests with the p%'lic, those
witho%t an trading rights. [/]
0he stock exchange was closed a&ter the 43I introd%ced a
$ini$%$ net worth re*%ire$ent
o& 1"" crore(e*%ivalent to 111 crore or +-1/ $illion in
#"1/) and a t%rnover
o&1""" crore(e*%ivalent to 11 'illion or +-1/" $illion in
#"1/) &or stock exchanges to
contin%e operation.
Economic impact[edit]
Ind%strialisation did not happen in Kerala to the extent as in
other Indian states. =s a res%lt, $ost
Keralites do not invest in $an%&act%ring entities. 0he
reasons &or the &ail%re to attract
$an%&act%ring ind%stries is %nclear, '%t it has 'e d%e to
the political cli$ate and the lack o&
reso%rces in a s$all state with s%ch a large pop%lation densit.
0he stock exchange is there&ore
an excellent channel &or invest$ent opport%nities in the
&ace o& local pro'le$s. [7]
https://en.wikipedia.org/wiki/Kochi,_Indiahttps://en.wikipedia.org/wiki/Kochi,_Indiahttps://en.wikipedia.org/wiki/Keralahttps://en.wikipedia.org/wiki/Keralahttps://en.wikipedia.org/wiki/Indiahttps://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-1https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-2https://en.wikipedia.org/wiki/Indian_rupeehttps://en.wikipedia.org/wiki/Crorehttps://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-Joseph2014-3https://en.wikipedia.org/wiki/Bombay_Stock_Exchangehttps://en.wikipedia.org/wiki/Bombay_Stock_Exchangehttps://en.wikipedia.org/w/index.php?title=CSE_Institute&action=edit&redlink=1https://en.wikipedia.org/w/index.php?title=CSE_Institute&action=edit&redlink=1https://en.wikipedia.org/w/index.php?title=Cochin_Stock_Exchange&action=edit§ion=1https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-4https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-4https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-5https://en.wikipedia.org/wiki/Securities_and_Exchange_Board_of_Indiahttps://en.wikipedia.org/wiki/Securities_and_Exchange_Board_of_Indiahttps://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-6https://en.wikipedia.org/wiki/Indian_rupeehttps://en.wikipedia.org/wiki/Crorehttps://en.wikipedia.org/wiki/Indian_rupeehttps://en.wikipedia.org/wiki/Crorehttps://en.wikipedia.org/w/index.php?title=Cochin_Stock_Exchange&action=edit§ion=2https://en.wikipedia.org/w/index.php?title=Cochin_Stock_Exchange&action=edit§ion=2https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-7https://en.wikipedia.org/wiki/Keralahttps://en.wikipedia.org/wiki/Indiahttps://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-1https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-2https://en.wikipedia.org/wiki/Indian_rupeehttps://en.wikipedia.org/wiki/Crorehttps://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-Joseph2014-3https://en.wikipedia.org/wiki/Bombay_Stock_Exchangehttps://en.wikipedia.org/w/index.php?title=CSE_Institute&action=edit&redlink=1https://en.wikipedia.org/w/index.php?title=Cochin_Stock_Exchange&action=edit§ion=1https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-4https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-5https://en.wikipedia.org/wiki/Securities_and_Exchange_Board_of_Indiahttps://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-6https://en.wikipedia.org/wiki/Indian_rupeehttps://en.wikipedia.org/wiki/Crorehttps://en.wikipedia.org/wiki/Indian_rupeehttps://en.wikipedia.org/wiki/Crorehttps://en.wikipedia.org/w/index.php?title=Cochin_Stock_Exchange&action=edit§ion=2https://en.wikipedia.org/wiki/Cochin_Stock_Exchange#cite_note-7https://en.wikipedia.org/wiki/Kochi,_India
