CSE gets SEBI nod for NSE trading platform

Friday, December 31, 2010
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Kolkata: The Calcutta Stock Exchange (CSE) said it has received Securities and Exchange Board of India's nod to allow trading on NSE platform. "We have received SEBI's approval to allow National Stock Exchange trading for our members through the local bourse," CSE Chairman Dipankar Chatterji told. CSE board will finalise the modalities and fees structure shortly after receiving brokers' feedback, Chatterji said. CSE expects to make the NSE platform operational by early February. The bourse already offers trading facility for BSE scrips. The local bourse already does daily average business of Rs. 30 crore from the Bombay Stock Exchange trading platform. After the the operationalisation of the NSE platform, the exchange hopes to create a combined turnover of Rs. 80-100 crore from cash segment of BSE and NSE.
Source: PTI
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