History & Milestones
NSE's sustained leadership positions across asset classes in the Indian and global exchange sectors demonstrates the robustness and liquidity of our exchange.
NSE was incorporated in 1992. It was recognised as a stock exchange by SEBI in April 1993 and commenced operations in 1994 with the launch of the wholesale debt market, followed shortly after by the launch of the cash market segment.
Between 1994 and 2016, we expanded our lines of business and product offerings through the following key milestones:
NSE signs Post-Trade Technology and Strategic Partnership Agreement with Nasdaq
NSE announces launch of Tri-Party Repo on Corporate Debt Securities
NSE becomes the first Indian stock exchange to be part 30 exempted by Commodity Futures Trading Commission (CFTC), enables access for US clients.
NSE launches e-Gsec Platform for retail
Introduction of Cross Currency Derivatives contracts on EUR-USD, GBP-USD and USD-JPY
Launch of Trading on Soverign Gold Bond (SGB)
Launch of an international exchange in Gujarat International Finance Tech City - International Financial Service Centre. NSE IFSC Exchange
Launched NIFTY 50 index futures trading on TAIFEX
Launched platform for sovereign gold bond issuances
Launched electronic book-building platform for private placement of debt securities
Entered into a memorandum of understanding to enhance the level of cooperation with the London Stock Exchange Group.
Renamed CNX NIFTY to NIFTY 50.
Launched NMF-II platform for mutual funds
Launched NBF II segment for interest rate futures
Launched trading on India VIX index futures
Commenced trading on NIFTY 50 (then known as CNX NIFTY) on the Osaka Exchange
Launched the New Debt Segment(NDS).
Commenced trading in index futures and options contracts on the FTSE 100 index
Launched SME-specific EMERGE platform for the listing and trading of securities of SMEs.
Commenced trading in index futures and options on global indices, namely the S&P 500 and Dow Jones Industrial Average.
Launched NOW platform for mobile devices.
Launched trading in Currency Options
Launched Mutual Fund Service System (MFSS).
First in India to offer trading in Currency Futures.
Establishment of Securities Lending and Borrowing Scheme (SLBS).
Launched NOW platform for web-based trading.
Launched NIFTY Bank index derivatives.
Launched index options based on the NIFTY 50 index (then known as S&P CNX NIFTY) for trading
Launched single stock futures and options on listed securities.
Launch of index futures based on the NIFTY 50 index (then known as S&P CNX NIFTY) for trading;
Listed index futures on NIFTY 50 on the Singapore Exchange;
Commenced internet trading
Commenced NSE certification for "Financial Markets certification program" (NCFM) in India.
Created and administered a settlement fund.
Launched NIFTY 50 Index, which remains our flagship index today.
Commenced trading and settlement in dematerialised securities on our exchange.
Established an Investor Protection Fund Trust.
Launched the equity and wholesale debt market segments.
Commenced electronic or screen-based trading.
Recognised as a stock exchange
Updated on: 20/03/2020 12:00
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