How different will it be from the National Stock Exchange and the Bombay Stock Exchange?
The NSE has gone in for a separate infrastructure for people to trade and it has one-to-one relationship with their members. As far as the BSE is concerned, it is trying to expand in different cities with the help of same existing members. But we are trying to network the existing marketplace and not trying to recreate anything new. It is something that we are restructuring, something which already exists. When will you start functioning? Probably, we will give a trial run on October 15 and will go live from the month of November. At present we are dependent on two things, one is the technical solution and the other thing is that we need permission from the Securities and Exchange Board of India. But, I think, if things go smooth, we will start functioning from the last week of November. Why did you choose New Bombay for the central trading system? The most important reason is that we have here a technological park. Besides that New Bombay has a lot of technological orientation. We tho
