Indian Exchanges

A very high entry barrier makes exchanges a very attractive business proposition.

NSE makes a grosss profit margin of 66%, something which only 20 companies listed on the stock exchanges are able to manage!

Globally, stock exchanges have seen volumes soar 20% CAGR for the last 30 years! Any exchange which can ensure good liquidity to the participants will always be an instant hit.

80% of revenues come from transaction fees.

66% of costs include Fixed Costs and hence a tremendous potential for leverage!

Corporatisation and Demutualisation (separation of brokers from shareholders) have ushered in an era of reforms with unprecedented pace.

FUTURE OF FINANCIAL MARKETS - JIGNESH SHAH

In a game of monopolies, one guy came and changed the rules of the game. He knows that very soon, COMMODITIES will have a significant share in the volumes as against Equities.

40% volumes are expected to come from commodities by 2016 as against 22% as of now.

FINANCIAL TECHNOLOGIES