Madhya Pradesh Stock Exchange Limited (MPSE) is the only permanently SEBI Recognized Stock Exchange in Central India. Set up as an Association of Persons in 1919, MPSE was Corporatized and Demutualised into a Limited Company in 2007. MPSE enjoys the association of 260 members and 296 Listed Companies. MPSE Governing Board is represented by the Strategic investors, trading members and SEBI nominated Directors. Post Demutualization, the reconstituted Governing Board with joint efforts of the Strategic Investor and Trading members focused on "Reviva"l of the stock exchange. To further its initiative and vision to provide a Trading Platform to MPSE Members & Listed Companies, MPSE entered into an Strategic Partnership agreement with NSE and BSE under proviso to Section 13 of SCRA which is approved by SEBI.
MPSE was activated u/s 13 with National Stock Exchange Limited on 26th Oct, 2011 & Bombay Stock Exchange Ltd on 23rd Februrary 2012. MPSE is fully operational with more than 105 members as on 31.12.2012. MPSE has embarked upon a "New Membership Drive" in which 100 New members have been given Trading Membership. These members are from 15 states such as Uttarpradesh, Haryana, Punjab, Gujrat, Rajashthan, Maharastra, Chhatisgrah, Karnataka, Tamil Naidu, Orrisa, West Bangal, Himachal Pradesh etc. MPSE Listed Compliant Companies have started Trading under " Permitted Category" at NSE & BSE as a part of Sec 13 Agreement.
Single membership Multiple Benifits
MPSE Membership Highlights
On NSE & BSE as Stock Exchange Members
- Contract Note
in Your name as MPSE member
- Brokerage Income
is 100% your without sharing
- Appoint Sub Broker
& Authorized Person Under MPSE membership
- Operational Freedom
Fund & Demat Pool A/c, client's Limit & KYC, Bank/NBFC Funding
- MPSE Support
Trading & Backoffice Software, DP Operation.