Media Release
BSE marks the beginning of World Investor Week through a host of initiatives
Mumbai, November 23, 2020: BSE Investors Protection Fund (IPF) today marked the beginning of World Investor Week (WIW) by launching a host of initiatives that include investor focussed communications, contests to increase investor awareness and education and conducting of pan India Investor Awareness Programs (IAPs).
World Investor Week (WIW) is a week-long global campaign promoted by the International Organisation of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection. In India, SEBI has chosen the week of November 23 – 29, 2020 to celebrate this week.
To mark the beginning of World Investor Week (WIW) celebrations, an Opening Bell Ringing Ceremony was conducted at BSE at the hands of Shri G P Garg, Executive Director, SEBI and in the presence of other key dignitaries from SEBI, BSE and National Association of the Blind and Nayan Foundation.
Key initiatives announced by BSE IPF today to celebrate the World Investor Week (WIW) include launch of Common Securities Market booklet in BRAILLE for differently abled, release of videos on investor education & awareness specially curated for the deaf and mute, release of latest advertisement campaign for investor awareness titled ‘Mr. Invest Right’, cricket theme based Quiz called ‘Investor Proficiency League’ for every day of the WIW and holding various investor awareness programmes, including with SEBI.
Shri Ajay Tyagi, Chairman, SEBI, said “Economic function of the securities market is to ensure that savings get channelized into the productive investment proposals, which leads to capital formation and economic growth. One of the main objectives of SEBI is to protect the interests in securities. Investor Education and Awareness is key to investor protection.”
Shri Ashishkumar Chauhan, MD&CEO, BSE, said “Investor education is of paramount importance as “An educated investor is a protected investor” and this goes a long way in increasing investor confidence and encouraging greater retail participation in capital markets. Through the initiatives announced today, it further reflects BSE’s commitment and consistent efforts towards investor education and protection.”
About BSE
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity 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 (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure. On October 1, 2018, BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds, Almond & Turmeric.
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’s 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, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. ICCL is the only clearing corporation in India to have been granted "AAA" rating by two rating agencies, India Ratings Ltd. (Indian arm of Fitch Ratings) and Care Ratings Ltd. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), associate company of BSE, is one of the two Depositories in India.
BSE has set up an Investor Protection Fund (IPF) on July 10, 1986 to meet the claims of investors against defaulter Members, in accordance with the framework issued by the Ministry of Finance, Government of India and SEBI. BSE Investor Protection Fund is responsible for creating Capital markets related awareness among the investor community in India.
India International Exchange (IFSC) Limited (India INX) is India’s first international exchange in International Financial Services Centre (IFSC) located at the Gujarat International Finance-Tec City (GIFT City). India INX is a subsidiary of BSE Limited. The Exchange was inaugurated by Hon’ble Prime Minister of India, Shri Narendra Modi, on Jan 09, 2017 and commenced its operations from Jan 16, 2017.
Media Contact:
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