DEVELOPMENTS ON THE EXCHANGE

NSE and NSCCL went live with the inaugural session for Automatic Lending and Borrowing Mechanism (ALBM) for lending and borrowing of securities on February 10, 1999. This is the first time an Indian agency approved by SEBI will be conducting the securities lending & borrowing transactions based on international practices.

MEMBERSHIP

1) 890 trading members on the Capital Market segment, of which around 86% account for corporate and the remaining are individuals and firms.
2) Out of these 890 trading members, 89 trading members are also members of Wholesale Debt Market segment, all of which are corporate and there are 7 trading members exclusively on Wholesale Debt Market Segment.


GEOGRAPHIC DISTRIBUTION

1) Over 6839 trading terminals given to the members as on November 25, 1999
2) Over 2342 VSAT's across the country with a 24 hour Network monitoring system in over 291 cities as of November 01, 2003.


NUMBER OF COMPANIES

1) On the Capital Market segment, Equity Shares of 685 companies are listed and 572 companies are permitted to trade as of October 31, 2003.
2) On the Wholesale Debt Market segment, 797 securities are listed and 517 securities are permitted to trade as of October 31, 1999. Of the 797 securities listed, 369 are Government Securities/T-Bills and the balance account for other securities.


CLEARING & SETTLEMENT

1) Completed 562 settlements successfully without any delay or postponement as on December 02, 2003.
2) Value of shares handled by the Clearing house per week has increased from Rs. 30 crores in November 1994 to over Rs.4432 crores per week in September 2003.
3) Inter-Region Clearing: NSCCL has Regional Clearing Centres at Delhi, Calcutta, Chennai and a Central Clearing Centre at Mumbai. Members have the option of delivering/receiving the securities at a clearing centre chosen by them.