Magadh Stock Exchange
| Type | Stock Exchange |
|---|---|
| Location | Patna, India |
| Founded | 1986 |
| Owner | Magadh Stock Exchange Limited |
| Currency | INR |
Magadh Stock Exchange Association Association Ltd, (MSEA) is located in Patna, India. It was established in the year 1986. [1]It is one among the 21 odd regional stock exchanges in India.
Histoy
by 1999-2000, the Magadh Stock Exchange had a total of 199 brokers, out of which 15 were corporate brokers. Among 199 brokers, it was further classified as 183 proprietor brokers, 1 partnership broker and 5 corporate brokers. Then, there were only 2 sub-brokers registered.
In September, 2005, The Magadh Stock Exchange was corporatised and demutualised in accordance with the provisions of the Securities Contracts (Regulation) Act, 1956.
on 17 August 2000, The Magadh Stock Exchange became the only regional stock exchange in the country to trade on the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE), Calcutta Stock Exchange (CSE) and the Interconnected Stock Exchange (ISE) when the exchange finally got connected to the NSE through ISE. [2]
See also
References