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| Type | Stock Exchange |
|---|---|
| Location | Kolkata, India |
| Founded | 1 December 1908; 116 years ago (1 December 1908) |
| Owner | The Calcutta Stock Exchange Limited |
| Key people | Dr Bhaskar Banerjee(Chairman) Sri Subrato DasManaging Director &Chief Executive Officer |
| Currency | Indian rupee (₹) |
| No. of listings | Approximately 2,700 |
| Market cap | ₹57,750,020,000 (US$680 million)(2019-20) |
| Indices | CSE 40 |
| Website | www.cse-india.com |
Calcutta Stock Exchange (CSE) was an Indian stock exchange based inKolkata,India. It isowned byMinistry of Finance,Government of India. It is one of oldest stock exchanges inAsia and third largest bourse in India. It was founded in May 1908 at 2, China Bazar Street.[1][2]
The Calcutta Stock Exchange has been asked to exit by SEBI, but the matter issub judice before theCalcutta High Court; thirteen other regional stock exchanges have closed in the last three years under SEBI's exit policy, including theBangalore Stock Exchange, theHyderabad Stock Exchange and theMadras Stock Exchange.[3] Since 2013, there has been no trading on the CSE trading platform.[4]
In 1830, bourse activities in Kolkata were conducted under aneem tree.[5] The earliest record of dealings in securities in India records trading of theBritish East India Company’s loan stock. The exchange was founded on 1 December 1863 by sixteen leading stockbrokers, beginning life in rented premises on 11 Strand Road. The premises also had a library, open to the public, which could be accessed after paying an admission fee.[6] In 1908, the stock exchange was reconstituted in its current form, and had 150 members. The present building at the Lyons Range was constructed in 1928. The Calcutta Stock Exchange Ltd was granted permanent recognition by theGovernment of India with effect from 14 April 1980, under the relevant provisions of the Securities Contracts (Regulation) Act, 1956. The Calcutta Stock Exchange followed theopen outcry system for stock trading until 1997, when it was replaced by C-STAR (CSE Screen Based Trading And Reporting), anelectronic trading platform.[7]
TheBombay Stock Exchange (BSE) has made a strategic investment in the Calcutta Stock Exchange, acquiring 5% of its shares.[8]
