• New State-of-the-art BSE Training Institute inaugurated by Dr. Manoj Vaish.

• "Investor Awareness" - a publication by experts on various topics of interest to investors released by Mr. Navneet Bansal.

Dr. Manoj Vaish, CEO- Derivatives Segment, BSE, today inaugurated the landmark 50th "Basic Programme on Derivatives" being conducted by the BSE Training Institute (BTI). The programme coincided with the launch of the new state-of-the-art BSE Training Institute on the 21st floor of the Exchange.

Dr. Manoj Vaish, while welcoming the participants opined, "As an institution, we are totally committed to education and training at minimum cost in the field of capital markets."

The "Basic Programme on Derivatives" covers Introduction to Derivatives, Index Futures, Options, Regulatory aspects of derivatives market, Taxation aspects and Margin Calculations. Around 80 professionals from various intermediaries in the stock markets are participating in this 50th programme on derivatives. So far 6804 participants have benefited from the programme. The programme is being conducted by experts, in the field of derivatives, like Dr. Manoj Vaish, Mr. Raghu Iyer, Mr. Navneet Bansal and Mr. Vikas Mittal.

A second edition of compilation of write-ups by experts on various topics of interest to investors titled " INVESTOR AWARENESS" was also released by Mr. Navneet Bansal. The compendium is focused on investor protection, precautions to be taken by the investors and risk management rather than empowering the investors with techniques (fundamental and technical) of identifying good stocks.

BTI also conducts BSE's certification for Derivatives Exchange ( BCDE) test. This is a SEBI approved test and is mandatory that two persons from each Broking house planning to trade in derivatives must clear this test. So far, 648 persons have passed BCDE out of the 1056 appeared.

In addition to the "Basic Programme on Derivatives", BTI also regularly conducts Comprehensive Programme on Capital Markets, Investor Awareness Programme and Carry Forward System ( Badla). The Institute will also be releasing an interactive educational CD on "Basic Programme on Derivatives" shortly.

13th October, 2000