Mumbai: The Bombay Stock Exchange (BSE), founded in 1875, lost market share to its younger rival, the National Stock Exchange (NSE), which was founded in the early 1990s. It also faces challenges from upstart exchanges.
However under its youngest ever chief excutive, 36-year-old CEO Madhu Kannan, BSE looks forward to list and innovate to win back market share.
“We want to transform this institution from what was essentially a single-product exchange to one which offers tradable products across all asset classes,” 36-year-old CEO Madhu Kannan said.
The BSE has about 5,000 listed companies, while the NSE has about 1,400.
You must log in to post a comment.