Mumbai, January 3, 2002
DOTEx International and Interconnected Stock Exchanges of India Ltd (ISE) have tied up to provide Internet trading facilities to members of 15 regional stock exchanges.
Members of these exchanges can now start accepting buy and sell orders over the Internet through ISE Securities & Services Ltd (ISS), a fully-owned subsidiary of ISE, which is registered with the National Stock Exchange (NSE) as an exchange subsidiary.
ISS members' Internet trade orders will be routed to NSE's trading system using the Internet trading infrastructure of DotEx.
DotEx International, which is promoted by NSE's subsidiary NSEiT and i-Flex Solutions Ltd, is an application service provider offering Internet trading infrastructure to stockbrokers.
ISE has been promoted by 15 regional stock exchanges to provide trading linkages to all participating exchanges to widen their market.
Over 300 broker members of ISE have already signed up with DotEx for offering Internet trading to their customers.
Business Line