NSE Press Release
The Exchange has successfully completed its 1751st Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007028 on February 14, 2007. The settlement statistics are as follows:
Particulars
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Values
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|
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N – 2007028
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Total traded quantity (lakhs)
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4751.37
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Total traded value (Rs. In Crores)
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8774.48
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Total value of the settlement (Securities) (Rs. In Crores)
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2649.46
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Total value of the settlement (Funds) (Rs. In Crores)
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732.37
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Shortages for the settlement
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0.43%
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% of Delivery ( No. of shares deliverable / No. of shares traded )
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27.33%
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Retail Debt Market has completed its 1025th settlement details of which are as follows:
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Settlement No.
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Traded Value
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Settlement Value
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|
|
|
Securities
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Funds
|
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D- 2007028
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NIL
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NIL
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NIL
|
February 14th, 2007
NSE Press Release
The media had reports on February 13, 2007 that Datamatics Technologies Limited is close to acquiring a US based BPO company.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Datamatics Technologies Limited has vide its letter inter-alia stated, “The Company denies that it is close to acquiring a US based BPO Company. We continuously evaluate Companies for acquisition purpose both in India and abroad. Infact, it is one of the objectives for which IPO funds are to be utilized.”
February 14th, 2007
NSE Press Release
The derivative contracts in the underlying IFCI have crossed 95% of the market-wide position limit on February 14, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of IFCI by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.
February 14th, 2007
BSE Press Release
To pick up 5% stake, for Rs 189 crore at Rs 5,200 per share
Mumbai, February 14, 2007: Leading European exchange operator and transaction services provider, Deutsche Börse, today signed a definitive agreement with BSE to invest in a 5% stake for Rs 189 crore at a price of Rs 5,200 per share, and also to explore ways of strengthening their collective competencies across a broad spectrum of business areas. The transaction puts the value of BSE of Rs 3,777 crore [USD 854 million].
The agreement brings together two institutions of impeccable pedigree and proven capabilities to work towards exploring opportunities to grow the respective exchanges, introduce more cutting edge products in the markets and assist each other in promotional activities in both markets.
The issue of shares is subject to relevant regulatory and shareholder approvals. Kotak Investment Banking advised BSE on the transaction.
“We are delighted to be partnering with Deutsche Börse. The alliance is of long-term strategic importance designed to achieve several objectives in multiple asset classes in which we found Deutsche Börse to be very strong. This transaction is an important step for BSE towards realising its mission to ‘Emerge as the premier Indian stock exchange by establishing global benchmarks’. In terms of business, profitability and market capitalisation, Deutsche Börse ranks among the top exchanges of the world. This is a firm beginning towards bringing the global markets to India,” said BSE Managing director and CEO, Mr Rajnikant Patel.
“The strategic partnership with BSE is a very important step for us towards expanding Deutsche Börse’s activities in Asia. We see the exchange business becoming increasing global and this partnership is our joint effort to benefit from each other’s strengths while establishing a presence in multiple time zones and regulatory environments,” said Deutsche Börse CEO, Mr Reto Francioni:
Dr. Ulrich Becker, Managing Director, Corporate Development and in-charge for building out Deutsche Börse’s Asian business said, “We see India as one of our key growth areas. We look forward to a long and mutually beneficial alliance with BSE to tap the enormous potential in the Indian and Asian markets. Our strong technology, product portfolio and global customer network, combined with BSE’s strong presence and brand name in India will help us work together to grow our business significantly.”
About BSE
BSE is the oldest stock exchange in Asia. It was established in 1875 as “The Native Share & Stock Brokers Association.”
Earlier an Association of Persons (AOP), the Exchange is now a corporatised entity, incorporated under the provisions of the Companies Act, 1956, and is presently in the process of demutualisation. BSE is now professionally managed under the overall direction of the Board of Directors, which includes eminent professionals, and representatives of trading members.
BSE reaches out to in 417 cities and towns of India. It has 4,800 listed companies on the board, with over 7,500 scrips being traded. The companies listed on BSE command a total market capitalisation of Rs 37,97,000 crore (USD 850 billion). The Exchange offers trading in the equity (cash and derivatives) and debt (corporate and government securities) segments.
Website: www.bseindia.com
About Deustche Börse
Deutsche Börse, a German blue chip company and the largest exchange organization worldwide, is a leading service provider to the global securities industry with products and services for issuers, investors, intermediaries and data vendors. The Group covers the entire securities process chain from trading over clearing all the way to settlement and custody. Deutsche Börse is also a provider of IT solutions and an insourcing partner for the global securities industry as well as a leading provider of market data and analytics.
Within the Group, Deutsche Börse functions as the operating company for the various markets and as the holding company for Deutsche Börse Systems AG, the Group’s IT arm as well as Clearstream International S.A., the settlement and custody operation.
The Group’s major markets are the Frankfurt Stock Exchange and the world’s leading derivatives exchange Eurex. The company’s global network connects around 2,000 banks, securities trading firms and clearing and settlement firms worldwide to these markets.
Deutsche Börse is listed on the Frankfurt Stock Exchange and has an international shareholder base. The group employs around 3,000 staff in its global headquarters in Frankfurt as well as in Chicago, London, Luxembourg and Zurich; the Group maintains representative offices in the major financial centers worldwide.
The foundations for Deutsche Börse’s successful market presence in Asia were laid more than 16 years ago with Clearstream, a Deutsche Börse Group company. Today Deutsche Börse is active in all major Asian markets and has established close partnerships with numerous players. Deutsche Börse is expanding its base in the region in order to leverage its existing relationships and to build new business. It aims to extend its global network and further position itself through cooperative ventures as a reliable and innovative partner in the entire securities trading process chain.
Website: http://www.deutsche-boerse.com
Kalyan S. Bose
Head – Corporate Affairs
Bombay Stock Exchange Ltd.
Floor 25, P. J. Towers,
Dalal Street, Fort, Mumbai 400 001.
Mobile: 98203 21121
February 14th, 2007