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Calcutta Stock Exchange (CAL) .CL

What is 'Calcutta Stock Exchange (CAL) .CL '

The securities market in Calcutta, India. The country's second-oldest exchange began in 1908 as the Calcutta Stock Exchange Association with the trading of securities in the East India Company. At this time, it had 150 members. In 1923, the Association became a limited liability concern. In 1980, the exchange was permanently recognized by India's government. In 1997, The Exchange was the largest in the country, and it replaced its manual trading system with a computerized trading system called C-Star.

Explaining 'Calcutta Stock Exchange (CAL) .CL '

C-Star was subject to a major payment settlement system scam in 2001 that closed down the exchange and resulted in the suspension of 300 CSE members, many of whom were able to get their licenses back several years later. Many companies delisted from the CSE and joined the Bombay Stock Exchange (BSE) or National Stock Exchange instead. In 2007, the CSE entered a piggyback arrangement with the BSE. 2,500 companies are listed exclusively on the CSE, but critics say that there are not enough companies in East India and that very few of CSE's exclusive listings are good companies.


Further Reading


Cities and the geography of financial centers
books.google.com [PDF]
… plan to hold the next meeting in this series on 'Econophysics of Stock Markets' early next … Kolkata, Arnab Chatterjee May 2005 Sudhakar Yarlagadda Bz'kas K Chakmbartz' … II Models and theories Emergent Statistical Wealth Distributions in Simple Monetary Exchange Models: A …

The Economic History of Bengal: From Plassey to the Permanent Settlement. Volume I. By The Economic History of Bengal: From Plassey to the Permanent Settlement. Volume I. By
academic.oup.com [PDF]
… plan to hold the next meeting in this series on 'Econophysics of Stock Markets' early next … Kolkata, Arnab Chatterjee May 2005 Sudhakar Yarlagadda Bz'kas K Chakmbartz' … II Models and theories Emergent Statistical Wealth Distributions in Simple Monetary Exchange Models: A …

Transfer of economic power in corporate calcutta, 1950–1970Transfer of economic power in corporate calcutta, 1950–1970
www.cambridge.org [PDF]
… plan to hold the next meeting in this series on 'Econophysics of Stock Markets' early next … Kolkata, Arnab Chatterjee May 2005 Sudhakar Yarlagadda Bz'kas K Chakmbartz' … II Models and theories Emergent Statistical Wealth Distributions in Simple Monetary Exchange Models: A …

Public waste and private property. An enquiry into the economics of solid waste in CalcuttaPublic waste and private property. An enquiry into the economics of solid waste in Calcutta
onlinelibrary.wiley.com [PDF]
… plan to hold the next meeting in this series on 'Econophysics of Stock Markets' early next … Kolkata, Arnab Chatterjee May 2005 Sudhakar Yarlagadda Bz'kas K Chakmbartz' … II Models and theories Emergent Statistical Wealth Distributions in Simple Monetary Exchange Models: A …

The developmental roles of the state: moving beyond the developmental state in conceptualizing Asian political economiesThe developmental roles of the state: moving beyond the developmental state in conceptualizing Asian political economies
onlinelibrary.wiley.com [PDF]
… plan to hold the next meeting in this series on 'Econophysics of Stock Markets' early next … Kolkata, Arnab Chatterjee May 2005 Sudhakar Yarlagadda Bz'kas K Chakmbartz' … II Models and theories Emergent Statistical Wealth Distributions in Simple Monetary Exchange Models: A …

Caste, class, and clientelism: A political economy of everyday corruption in rural North IndiaCaste, class, and clientelism: A political economy of everyday corruption in rural North India
onlinelibrary.wiley.com [PDF]
… plan to hold the next meeting in this series on 'Econophysics of Stock Markets' early next … Kolkata, Arnab Chatterjee May 2005 Sudhakar Yarlagadda Bz'kas K Chakmbartz' … II Models and theories Emergent Statistical Wealth Distributions in Simple Monetary Exchange Models: A …


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