What is the National Stock Exchange of India (NSE)?
The National Stock Exchange of India (NSE), established in 1992 and launched in 1994, is India's largest financial market. It offers a solid market infrastructure and is seen as a driving force behind India's economic growth, with a focus on investor protection and access to capital. The NSE was the first exchange in India to provide modern, fully automated electronic trading.
Will a new National Stock Exchange take on the New York Stock Exchange?
Could you elaborate on the possibility of a new National Stock Exchange emerging as a viable competitor to the New York Stock Exchange? What factors might contribute to its success or failure? Are there any notable examples of new exchanges challenging established ones in the past, and what lessons can we draw from those instances? Additionally, how would the introduction of a new exchange potentially impact traders, investors, and the broader financial ecosystem?