BSE Launches Trade Confirmation System for Investors

BSE has been at the forefront of providing a transparent and vibrant marketplace for investors. In order to safeguard the interests of the investors, enhance transparency and restore the confidence of investors in the market, BSE has launched for the first time in Indian Capital Market history, a “Trade Confirmation System” on the Exchange through its website www.bseindia.com.

Investors can confirm and verify their transactions done at BSE by simply filling the details of their transactions from the contract note on the designated form provided and a confirmation reply will be generated instantly.

This system will be offered free of charge to investors over the Internet. Alternatively, those investors who do not have Internet access can also get their transactions confirmed at the BSE Investor’s Services Cell. In order to maintain authentic and proper use of this system, investors will be required to undergo a short one - time process of registering themselves with www.bseindia.com. after which they can access this system from anytime, anywhere. Registration on BSEIndia is free and gives investors other additional features like customised portfolio management, market watch and ticker.

Investors can confirm the transactions done in respect of a trading day (T) on the next day (T+1). Data will be provided in this system for 5 trading days on a rolling basis. In case Investors need an authenticated copy of the trade confirmation, the same can be obtained from Investor’s Services Cell through this system. This facility is currently available only for Retail Investors.

Arbitration Notification

Another feature that is being launched on www.bseindia.com. is the Arbitration Notification system. This system will allow investors to view the schedule of Arbitration for their cases instead of having to approach the Exchange personally. The system displays the Reference number, Applicant and Respondent names, Date and Time of hearing and venue of Arbitration proceedings. Since this notification is constantly updated, investors can keep themselves posted up to date on Arbitration Schedules.

BSE has been at the forefront in Investor Service and Empowerment initiatives. It has been witness to and has been instrumental in bringing about change throughout its 127 year history. From the Investor protection perspective, BSE has undertaken numerous measures ranging from Investor Empowerment to education and grievance redressal. To cite a few:

• Creation of Z Group as a measure of warning Investors,
• Extensive Investor awareness programs across the country,
• BSE Training Institute one of the most popular institutions offering courses and workshop in Capital Markets,
• Investor Protection Fund and association with Investor Grievance Forums,
• BSEIndia.com –India’s premier stock portal offering a wealth of information ranging from equity and derivatives prices, to market analysis, corporate filings, charting and investor education – all real-time.

BSE will continue its endeavor in furtherance of its commitment to serve and safeguard the interests of Indian Investors.