India’s Newest Stock Exchange !!!

Ankur Garg (Company Secretary and Compliance Officer)   (114783 Points)

15 September 2010  

www.useindia.com

 

USE overview

 

A United Endeavour from India’s Most Trusted Institutions

 

United Stock Exchange, India’s newest stock exchange, marks the beginning of a new chapter in the development of Indian financial markets.

 

USE represents the commitment of ALL 21 Indian public sector banks, respected private banks and corporate houses  to build an institution that is on its way to becoming  an enduring symbol of India’s modern financial markets.

 

Sophisticated financial products such as currency and interest rate derivatives are exciting introductions to Indian markets and hold immense opportunities for businesses and trading institutions alike. Consequently, USE’s strong bank promoter base allows a build-up of a highly liquid marketplace for these products. It also provides the necessary expertise to reach out to Indian businesses and individuals, educate them on the benefits of these markets and facilitate easy access to them.


USE also boasts of Bombay Stock Exchange, as a strategic partner. As Asia’s oldest stock exchange, BSE lends decades of unparalleled expertise in exchange technology, clearing & settlement, regulatory structure and governance. Leveraging the collective experience of its founding partners, USE has developed a trustworthy and state of the art exchange platform that provides a truly world class trading experience.


In the years to come, USE aims to become India’s most preferred stock exchange, providing a range of sophisticated financial instruments for diverse market participants to trade on and manage their risks efficiently.