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Vadodara Stock Exchange
Vadodara Stock Exchange (VSE) is a defunct stock exchange located in the city of Vadodara, and fully owned by Government of India[1] in Western India.[2] It was established in 1990 at Vadodara. It is the only existing stock exchange in the state of Gujarat along with Ahmedabad.[2] It is recognized by the Securities Contract (Regulations) Act of 1956 as a permanent stock exchange.[3] From a humble beginning in 1986 with the Vadodara Stock Brokers' Association having 150 members, it was incorporated on 22 January 1990 as Vadodara Stock Exchange Limited. By 1999, the exchange had a total of 321 brokers, of which 65 were corporate brokers, 253 were proprietor brokers, and 3 were partnership brokers. Then, there were only 85 sub-brokers registered.[3] See alsoReferences
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