Within a month of FDI deregulation in stock exchanges, many major global players have lined up for a stake in the Indian stock exchanges.

Of late, consolidation and alliance have become the order of the day for the stock exchanges across the globe. New York Stock Exchange (NYSE), the world's largest stock exchange, taking a stake in India's largest stock exchange, National Stock Exchange (NSE), signals that the global consolidation frenzy has reached Indian shores as well. In just less than a month of RBI's announcement of FDI regulations, NSE could attract foreign holding of 20% from NYSE along with three other financial institutions, namely, Goldman Sachs, General Atlantic, and Softbank Asian Infrastructure Fund. This is a welcome gesture which signifies the kind of interest global counterparts have in the Indian market.

Until the 1990s, exchanges across the globe survived predominantly on mutual ownership structures wherein the members of the exchange enjoyed the ownership, management and trading rights of a particular stock exchange. Open outcry floor trading was primarily used by all the exchanges to trade in the stocks.

The Analyst Magazine, FDI in Bourses, Indias National Stock Exchange, Indian Stock Exchanges, New York Stock Exchange, NYSE, National Stock Exchange, NSE, Indian Markets, Electronic Communication Networks, ECNs, Markets in Financial Instruments Directive, MiFID, Secondary Markets, London Stock Exchange, LSE, Indian Stock Markets, Indian Investors, Global Investors, Foreign Direct Investment, FDI.