Tag Archives: Stock Exchange

Different Types of Foreign Exchange Transactions

By | May 13, 2018

A foreign exchange transactions is a contract to buy or sell a quantity of one currency in exchange for another at a specified time for delivery and settlement and at a specified price (exchange rate). These transactions take place in foreign exchange markets. Regarding counterparties and settlement dates, the forex transactions are classified in many categories as trade transactions,… Read More »

Indian Stock Exchanges Service Corporation (ISESC)

By | May 13, 2018

Indian Stock Exchanges Services Corporation (ISESC) is promoted by second-rung stock exchanges of the country and is floated as a company under Section 35 of Companies Act. ISESC came to functional on June 1998. In ISESC there are 14 members including Bangalore, Bhubaneswar, Cochin, Coimbatore, Guwahati, Hyderabad, Jaipur, Kanpur, Ludhiana, Madhya Pradesh, Mangalore, Patna, Saurashtra and Vadodara stock exchanges. ISESC… Read More »

Definition of Stock Exchange

By | May 5, 2018

Under the Indian Securities Contracts (Regulation) Act of 1956, an exchange is defined as any body of individuals, whether incorporated or not, constituted to assist, regulating or controlling the business of buying, selling or dealing in securities. The Securities Contracts Regulation Act stipulates that the Government of India must recognize a stock exchange. The Government recognizes the twenty-three… Read More »