Media Release
BSE felicitated at The Asian Banker Summit 2014
BSE Best Managed Financial Derivatives Exchange in the Asia Pacific
&
Shri Ashishkumar Chauhan adjudged best CEO in the Financial Markets in the Asia Pacific
Mumbai, 27 May 2014, BSE, Asia’s first & India’s fastest stock exchange was felicitated as the Best managed Financial Derivative Exchange by the Asian banker. BSE MD&CEO, Shri Ashishkumar Chauhan was adjudged the best CEO in the Financial Sector by the Asian Banker in the Asia Pacific region.
The Asian Banker Summit 2014 was held in Kuala Lumpur, Malaysia. It is one of the strongest banking markets in the region and plays a pivotal role in strengthening regional and international financial integration and developing deep and dynamic financial markets. As the premier financial centre for Islamic banking with a massive focus on global centre of excellence for data centres, operations and technology, Malaysia was suitable venue to consider some of the seismic transformations taking place in the industry today.
Shri Ashishkumar Chauhan, MD & CEO, BSE Ltd commented: "The recent awards at the Asian Banker Summit highlight the transformation of BSE. The acknowledgment as the best managed financial derivatives exchange in the Asia Pacific is welcome as BSE has made rapid strides in garnering additional market share in the derivatives category. BSE is the 3rd most liquid exchange for index option globally. Asia's first stock exchange has also become India’s fastest exchange as BSE upgraded its technology platform to BOLT+ offering a response time of 200 microseconds to its traders. "
ABOUT BSE (formerly Bombay Stock Exchange Ltd.)
BSE (formerly Bombay Stock Exchange Ltd.) – Established in 1875, BSE Ltd. (formerly known as Bombay Stock Exchange Ltd.), is Asia’s first & India’s fastest Stock Exchange with the response time of 200 microseconds. BSE is India leading exchange groups which has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualised entity, with a broad shareholder-base which includes two leading global exchanges, Deutsche Bourse and Singapore Exchange as strategic partners. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing. BSE also has a dedicated platform for trading in equities of small-and-medium enterprises (SME). BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments. Indian Clearing Corporation Limited, the wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on BSE platform and provides full novation guaranteeing the settlement of all bonafide trades executed on the BSE Platform. BSE Institute Ltd, a fully owned subsidiary of BSE, runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), a subsidiary of is one of the two central depository services in India.
For further information, please contact:
Yatin Padia – 9833010098
Marketing Communications BSE
yatin.padia@bseindia.com / corp.comm@bseindia.com
Chinmay Deshpande / Sumit Singh Jamwal
Adfactors PR
7506445363 / 9920199303
chinmay.deshpande@adfactorspr.com / sumit.jamwal@adfactorspr.com