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DSE to start e-trade, gilts trade 

PRESS TRUST OF INDIA  
New Delhi: Delhi Stock Exchange (DSE) has said that it would introduce trading in government securities at the exchange over the next three months.DSE would be the third exchange after the Bombay Stock Exchange and the National Stock Exchange to introduce trading in government securities.

Listing out the preparations undertaken by the exchange for the purpose, DSE president Bharat Bhuhan Sahny said, ``We intend to start this in the next three months.''

Simultaneously the exchange would also set up an Internet trading platform as part of efforts to expand business and ensure increased trading of scrips listed here.

``The board of directors cleared a proposal for initiating Internet trade,'' he said adding the exchange was talking to Reuters for this purpose.

Reuters officials in Mumbai, when contacted, refused to comment. ``I can't comment make any comment on this ... It is at an negotiations stage,'' Reuters India's country manager Mitya New said on the phone.

Sahny said that DSE was also keen to take membership of other stock exchanges for which it was forming a separate company - DSE Securities Ltd.The Registrar of Companies (ROC) has already approved the formation of DSE Securities, Sahny said.

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