Financial Daily from THE HINDU group of publications
Wednesday, Jul 10, 2002

Port Info

Group Sites

Markets - Stock Exchanges

New BSE system to expand Net trading

Our Bureau

MUMBAI, July 9

THE Bombay Stock Exchange (BSE) has launched i-BAT (Internet enabled broker administration and trading terminals), its Internet-enabled branch and sub-broker trading system. This system will enable all members of the BSE to start offices anywhere in India. They can also use this system to open offices outside India, subject to SEBI regulations.

To avail of this system, sub-broker or the branch is required to have an Internet connection.

The BSE in a statement said that the system would help members to expand their business and distribution at a very low start-up cost without having to worry about incurring cost on leased lines or V-SATs in order to expand geographically.

Send this article to Friends by E-Mail

Stories in this Section
HDFC Sec launches `Dial a Share' service

More UTI schemes to come under SEBI ambit
`Investor awareness of MFs must be raised'
SEBI asks AMFI to prepare report on real estate MFs
Narrow movement
Derivatives trading may help out SEs, feels SEBI
BSE launches new online confirmation system
CSE seeks SEBI's intervention on pending issues
New BSE system to expand Net trading
Jaiprakash at new high on accord over Iraqi dues
Institutions fancy Rolta India scrip
Bhave panel wants cos to bear part of demat cost
Nalco jumps on strategic sale talk
Satyam up on Sify stake sale reports
Negative outlook on Tata Engg
Auto stocks skid in narrow lane; Reliance firm
NTPC mulls 4-5% equity float
`3 oil PSUs to get nod for public offers jointly'

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line