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The Madras Stock Exchange (MSE) is the fourth Stock
Exchange to be established in the country, and the first in South
India. In 1996, the MSE was fully computerised and online trading
became operational, as the MSE was connected to 120 broking offices
in and around Chennai through Wide Area Networking.
The
MSE has about 120 live members and 1,785 companies listed. The exchange
follows the Rolling Settlement system, as per the January 2000 SEBI
(Securities Exchange Board of India) Guidelines and a proactive
Grievance Cell is operational. By this system, investors can log
in their complaints, for which a number will be given for further
reference, through which investors can keep track of the action
taken by the exchange as regards their complaint.
A subsidiary company - MSE Financial Services Ltd, has been
established. A member of the Bombay Stock Exchange, MSE Financial
Services will help create greater broker and investor flexibility
through multi-market access. Hereafter the members will be able
to trade in both BSE and MSE. This will be followed up with National
Stock Exchange (NSE) membership.
Live trading at the MSE takes place from 10.00 am to 3.30 pm.
Address : # 11, 2nd Line Beach, Chennai - 600 001.
Phone : 522 8951,
Fax : 524 4897
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