The Bombay Stock Exchange(BSE) has signed Memorandums of Co-operation (MoC) with the Colombo Stock Exchange of Sri Lanka and the Chittagong Stock Exchange of Bangladesh on April 18, 2000 on the eve of the second SAFE conference in Mumbai.

These Memorandums Of Co-operations (MoC) would foster a closer relationship between the exchanges resulting in increased mutual benefit for both the institutions and the investors of both the exchanges.

The MoCs provide for:

• Exchange of information, knowledge and experiences useful and vital to future business development.


• Exchange of information on cross- listed securities.


• Exchange of information on the markets operated and regulated by the exchanges for the mutual development of both.

The MoCs will facilitate the development of channels of communication and help foster a continuing relationship for the benefit of the financial services industry in both the countries.

(K.G. Karekar)
DGM-Corporate Communication
Date : 19 April 2000