NSE

National Stock Exchange of India Limited (NSE) is a market infrastructure institution that operates an electronic platform for trading and listing of securities and financial instruments in India. Its business spans trading, listing, clearing and settlement, data and connectivity services, and index-related offerings. NSE facilitates trading across multiple market segments, including cash equities, futures and options, mutual funds, currency derivatives, commodity derivatives and debt products. It also provides clearing and settlement services through its subsidiary, offers colocation and data connectivity infrastructure to market participants, and earns revenue from market data feeds, terminal services, index licensing and data subscriptions. The company generates most of its revenue from transaction charges levied on trades executed on its exchange, while additional revenue comes from listing fees, clearing and settlement services, data centre and connectivity services, and licensing activities. NSE’s business is supported by technology-driven trading, risk management, surveillance and post-trade infrastructure.