NSE is now the 3rd largest exchange in equity trading

National Stock Exchange of India (NSE) has emerged as the 3rd largest exchange in the world in the equity segment by the number of trades (electronic order book) in 2022, an advancement from the previous year when it ranked 4th as per statistics maintained by the World Federation of Exchanges (WFE).

NSE has also maintained its position as the world’s largest derivatives exchange in 2022 by the number of contracts traded based on statistics maintained by Futures Industry Association (FIA), a derivatives trade body.

The calendar year witnessed the benchmark equity index – the Nifty 50 touching lifetime high of 18,887.60. Significant strengthening in liquidity was witnessed in most of the product categories, including equity, equity derivatives, and currency derivatives. In the equity segment, Exchange Traded Funds (ETFs) daily average turnover stood at Rs. 470 crores in CY22, an increase of 51% YoY. Sovereign Gold Bonds daily average turnover in secondary market stood at Rs. 7 crores in CY22, an increase of 59% YoY.

NSE is expected to shortly begin the Social Stock Exchange as segment subject to regulatory approvals. This would enable ‘Social Enterprises’ particularly the Non-Profit Organisations to showcase their work to a wider audience and mobilise funds through issuance of instruments, such as Zero Coupon Zero Principal Bonds, facilitate participants to participate in philanthropic causes and bring in efficiency and transparency in the overall ecosystem.