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Inter-Connected Stock Exchange gets off to a good start

The Inter-Connected Stock Exchange Limited has successfully started trading.

Currently, 10 exchanges have logged into the system.

The exchange is expected to emerge as a single window to its entire 14 member-exchanges nationwide, according to a press release from the Bangalore Stock Exchange.

The exchange registered good trades in 219 counters, with the volume rising consistently from 7 million to 65 million.

In a media statement, the ICSE said that on becoming successful, its regional investors could hope to get better price discovery in the Indian capital markets.

UNI

Interview with Joseph Massey, MD of the ICSE

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