The Coimbatore Stock Exchange Limited, (CSX) is located in Coimbatore, Tamilnadu, India. Coimbatore (கோயம்புத்தூர் also known as Kovai (கோவை is a major industrial city in India and the second largest city in the Tamil Nadu ( Tamil:, Country of the Tamils, t̪ɐmɨɻ n̪aːɽɯ is one of the 28 states of India. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country It is the youngest stock exchange in India. A stock exchange, share market or bourse is a Corporation or Mutual organization which provides "trading" facilities for Stock It was founded by K.G. Balakrishnan. Konakuppakatil Gopinathan Balakrishnan (കൊനകുപ്പക്കാട്ടില് ഗോപിനാഥന് ബാലകൃഷ്ണന് b It is now governed by the Governing Body which consists of the member brokers. A broker is a party that mediates between a Buyer and a Seller. Currently the staff strength is fifty.
The exchange also has Screen Based Trading (SBT) system which commenced operations on 9th of October, 1996. The system is equipped to handle 25,000 traders per day and 400 members. Each member has been given a computer terminal which is connected in a Local Area Network (LAN).
Coimbatore Stock Exchange Members
Currently the segregation of Coimbatore Stock Exchange are as follows:
Individual Members - 136
Corporate Members - 57
Chartered Accountants/ Company Secretaries - 40
MBAs - 17
Engineers - 14
Cost Accountants - 10
Post Graduates - 25
Coimbatore Stock Exchange Facilities Coimbatore Stock Exchange provides well equipped facilities to its members and investors. The facilities are library, canteen, spacious parking area, STD and Internet booths, Bank with security lockers, conference hall, gymnasium and other necessary services.
In near future, the exchange is planning for the implementation of Interconnected Stock Exchange to bring more business to the centre. A stock exchange, share market or bourse is a Corporation or Mutual organization which provides "trading" facilities for Stock Apart from the infrastructure, the exchange is planning for the set up of a Training Academy, Software Development, Research Centre and other useful activities. Software development is the translation of a user need or marketing goal into a Software product
It also has a plan to set up Additional Trading Floor (ATF) which will bring more traffic to the CSE building. Wide Area Networks through VSATs are also in the planning card. A Very Small Aperture Terminal ( VSAT) is a two-way Satellite Ground station with a dish antenna that is smaller than 3 meters (most VSAT