Variables for success in Exchange Industry in India
Stock Exchange
•Number of listed companies, ETF/Closed-ended MF (leads to rise in one time & Annual subscription fee)
•Increase in Market capitalization
•Increase in Investors/Traders, brokers, intermediators & Data vendors
•Increase in velocity (turnover/free-float)
•Network Benefit (Liquidity within exchange)
Commodity Exchange
•Increase in products introduced
•Increase in market participants
•Volatility in prices of commodity
•Increase in volume/turnover by existing and new players
Responses