With the Centre proposing a single regulator for the stock and commodity markets in the recent Budget, the structure and regulation of securities exchanges is a much debated subject. The National Stock Exchange (NSE) established just twenty years ago, has emerged as one of the world’s most successful trading platforms for securities in short order.

The NSE is the top trading platform in the world for index and currency options, among the top two on stock and currency futures and the third largest market for cash trades. It connects over 2,000 Indian towns through 2 lakh trading terminals. Building on a fully electronic system, dematerialised shares and well-regulated risk management and settlement systems, the NSE made equities trading pain-free for investors and set a high bar for other asset markets to emulate.

In this backdrop, BusinessLine in association with IIT Madras has invited Ms Chitra Ramkrishna, Managing Director and CEO of the Exchange, to share her perspectives and interact with students on the state of equities trading in India and the challenges faced by the NSE leadership in getting India’s first demutualized exchange off the ground. The lecture tilted “Risks, Choices and Leadership” will be part of IIT Madras’ Extra-Mural Lecture series which helps the Institute community to interact with and learn from reputed speakers from diverse disciplines and backgrounds.

The lecture-cum-interactive session will take place on March 5 (Thursday), at 3.30 pm, at the Central Library at the IIT Madras Campus.

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