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| NSE to enter 100 towns |
| BS Reporter / Mumbai Mar 27, 2009, 00:54 IST |
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The National Stock Exchange (NSE), the leader in the equities trading space, is expecting an increase of over 8.5 per cent in the number of its terminals by the end of 2009.
According to sources at the exchange, the number of terminals is expected to cross 200,000 by the end of the year. The exchange has 184,000 terminals at present. NSE, the country’s largest exchange in terms of trading volumes, is pushing for more terminals at a time when new players are looking to enter the equities trading space.
At present, NSE has its presence in around 1,400 cities and towns across the country. The exchange is now planning to spread its network to over 100 new towns.
According to sources, the exchange also intends to go ahead with the introduction of new products. In the last 15 months, it has launched six new indices, including Nifty Junior, dollar index S&P CNX Nifty Defty, Nifty Mid-cap 50 and volatility index (VIX), besides launching a gold exchange traded fund.
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