United Stock Exchange is organising a Seminar on Currency Derivatives on 25th March 2011 from 3:30 onwards. It is aimed at educating Importers, Exporters and Corporates about the benefits offered by Currency Derivatives. For more details contact : 9004075080

United Stock Exchange has partnered with ET Now to bring forth "Currency Camp" - An  endeavour to share how to leverage and benefit from current currency markets. It includes a panel discussion with Industry Stalwarts and eminent currency experts conducted by ET Now in partnership with United Stock Exchange . 

The prominent panelists include: 

Mr. Saurav Arora - President - Marketing & Business Development, United Stock Exchange 

Mr. Shubhada Rao, Chief Economist, Yes Bank

Mr. Lakshaya Chawla - Manager, Derivatives, SEBI 

Mr. Pramit Bhrambhatt - CEO, Alpari 

USE to conduct a full day workshop to help participants clear the NISM training session on the 3rd of July at USE's corporate office in Bandra Kurla Complex.

The session would be conducted by external trainers from IIFM who have conducted similar sessions across the country.

The participation to this session is by invite only and is exclusive for United Stock Exchange members.

As a part of member awareness campaign, USE conducted NISM training session in Kolkata attended by over 70 participants.

Kolkata is a very important hub for currency trading in the country and USE plans to conduct more member training workshops and sessions in the future.

USE conducted NISM training session in Ahmedabad at The Grand Bhagwati. The event was attended by over 50 participants both the days.

These training sessions are steps that USE is taking for member education across the country.There are more sessions planned in Gujarat over the next few weeks.

USE to conduct a full day workshop to help participants clear the NISM training session on the 19th of June at USE's corporate office in Bandra Kurla Complex.

The session would be conducted by external trainers from IIFM who have conducted similar sessions across the country.

The participation to this session is by invite only and is exclusive for United Stock Exchange members.

USE to conduct Part II of NISM training session with IIFM at the BTI, 19th Floor, Bombay Stock Exchange PJ Towers,  for all traders to help participants prepare for the certification examination mandatory to trade in currency futures in India.

The Part I of this session was conducted the previous day i.e. 17th June, 2010 at the corporate office itself.

The session is conducted over 2 days to ensure maximum participation.

USE to conduct Part I of NISM training session with IIFM at the BTI, 19th Floor Bombay Stock Exchange PJ Towers, for all traders to help participants prepare for the certification examination mandatory to trade in currency futures in India.

The Part II of this session shall be conducted the next day i.e. 18th June, 2010 at the corporate office itself.

The session is conducted over 2 days to ensure maximum participation.

Surat was the last city in the first leg of seminars for United Stock Exchange of India Limited. The Surat seminar was a perfect end to a highly successful pan India seminar series covering 10 cities across the country.

The event at Surat was attended by more than 125 brokers and was highly successful in terms of garnering membership for USE. USE received an overwhelming response from the market in terms of queries regarding the exchange and currency market on the whole.

In the future more workshops and training sessions would be conducted to grow the market as a whole.

The USE-BSE seminar in Jaipur conducted on 21st May was USE's first attempt to garner membership from Rajasthan at such a large scale and the results have been extremely satisfying. The Jaipur seminar was attended by majority of the big players in the market and saw very intelligent discussions.

The seminar speakers included Mr. LP Agarwal from BSE and Mr. Balasubramaniam-COO, USE amongst other officials from both the exchanges.

There are plans to conduct more seminars in Jaipur, Jodhpur and Udaipur in the future.

The USE-BSE seminar in Indore conducted on 21st May was USE's first attempt to garner membership from Indore and neighbouring cities. The seminar was conducted with the aim of introducing USE to Indore market and clearing doubts if any about the exchange. The seminar was attended by around 80 members of the trading community.

The seminar speakers included Mr. Rahul Parulekar from BSE and Mr. Balakrishnan-CFO, USE amongst other officials from both the exchanges.

The Q&A session at Indore saw questions regarding trading on USE, membership process and technology at USE

The USE-BSE seminar in Rajkot was the third for Gujarat post Ahmedabad and Baroda and followed by Surat the next day.

The seminar saw participation from more than 130 people with interest in both equity and currency market. The seminar was followed by a Q&A round and high tea for informal discussions. Through the sessions many queries about United Stock Exchange were answered.

The speakers for the same included Mr. Ashish Chauhan- Deputy CEO,BSE and Mr. P.K. Ramesh-CRO, USE.

The USE-BSE team conducted a seminar in Ahmedabad on the 20th of May after successful events in Baroda, Kolkata and Chennai. Ahmedabad is a prime market for currency futures trading, USE received an astounding response from the market. The seminar was attended by over 300 participants and there have been requests for more such similar events in the city.

The speakers at Ahmedabad included Mr Ashish Chauhan- Deputy CEO, BSE; Mr. P.K. Ramesh- CRO, USE and members of business development teams from both the exchanges.

USE in association with BSE conducted its second seminar in South India at Hyderabad on 20th May,2010. The session saw participation from around 70 brokers, some even from cities like Cochin, Coimbatore etc.

The speakers included Mr. Madhu Kannan, CEO-BSE; Mr. Balasubramaniam, COO-USE and other officials from both the exchanges. USE has decided to conduct an educational series in the city to create awareness about the market.

The Hyderabad session was extremely beneficial to understand the potential of currency futures in India

USE in association with its strategic partner and promoter Bombay Stock Exchange Limited conducted its first ever seminar in Gujarat at Baroda. The seminar was attended by over 130 brokers and served as a great introduction of USE in the Gujarat market.

The speakers for this event included Mr. Ashish Chauhan-Deputy CEO, BSE; Mr. R. Balakrishnan-CFO,USE amongst others.The Q&A session saw many questions regarding the membership process of USE and future plans. 

Following this event, USE has decided to organise more educational workshops in Baroda in the future.

USE conducted a seminar in Kolkata in association with BSE to introduce the Kolkata market to currency future trading at USE. Kolkata, a regional centre for USE is a very important market for USE's operations. The speakers for the seminar included Mr. Madhu Kannan-CEO, BSE; Mr. Balasubramaniam-COO, USE amongst others.

The seminar saw participation by over 150 brokers from the region and was extremely beneficial in terms of understanding the currency market and its potential both globally and in India. The Q&A session was extremely informative wherein questions regarding currency market, trading on USE, our technology were answered.

On the whole, the Kolkata seminar was very encouraging for the exchange and we expect a very good response from the market for the future as well.

USE successfully conducted its first roadshow in Chennai alongwith Bombay Stock Exchange Limited. The speakers included Mr. Madhu Kannan, MD and CEO - Bombay Stock Exchange; Mr. T.S. Narayanasami, MD and CEO - United Stock Exchange; Mr. Balasubramaniam, COO - United Stock Exchange. The event was attended by over 100 people from the broking community in Chennai. The presentations was followed by a Q&A round and high tea for the participants.

The USE team received a very encouraging response from Chennai market and received requests for many more such educative and informative seminars in the future.

USE after the response from the first NISM Training Session in New Delhi on 8th May, conducted a second session on 15th May,2010.

The purpose of the session was to help participants prepare for the certification examination mandatory to trade in currency futures in India. NISM was recently introduced in India, hence there are many doubts regarding the certification course which were solved during the session.

NISM Currency Derivatives Certification Exam is a mandatory requirement for Dealers to trade in the Currency Derivatives Segment in India. USE conducted a training session on NISM Examination with IIFM in Delhi to ensure brokers were well prepared to take the certification exam at a later date.

The trainer was Mr. Girish Bisht, an expert in this field.

The session saw participation from 45 people from the field interested in currency trading. USE plans to conduct more such sessions in the future.

 NISM training session for the certification examination was conducted in Mumbai for over 45 participants interested in trading in currency derivatives on USE.

The trainer, Mr. Manish Bansal, is an expert in the field and has conducted many such sessions across the country. The session was extremely interactive with a mock test conducted post the training. The feedback received was very encouraging and USE plans to conduct more such events.

The first Annual General Meeting of United Stock Exchange was conducted on the 21st December, 2009 with participation from most stakeholders. The Annual General Meeting was organized for the purpose of finalization of the Board of Directors for United Stock Exchange as well as a discussion about the performance of the company. The new board comprised of representatives from Federal Bank, Bombay Stock Exchange, Jaypee Capital amongst others.
The first AGM was a grand success for the organization and a great step forward for the exchange.

On the 19th of November, United Stock Exchange conducted a session for the dealers of all Public Sector Banks giving them a sneak preview to the trading platform FasTrade. The session was conducted to introduce the dealers with the platform and also take their suggestions for improvement.
It was a great session to take feedback directly from the end users of the platform. We hope to conduct more such sessions in the future to make the traders adept at trading on United Stock Exchange.

At the BSE Brokers Association’s meeting in the month of August, United Stock Exchange was formally introduced to the brokers present. A presentation was made to all the brokers about currency futures market in India, United Stock Exchange and the USE-BSE deal.  The event was organized to ensure participation from brokers in the United Stock Exchange project, to urge them to explore the currency futures market in India and to address their doubts about the same.

A dinner was conducted at Trident for all the shareholders and prospective shareholders to discuss the progress made on USE project. A detailed presentation was made  by Mr. T.S. Narayanasami, MD & CEO; Mr. Gaurav Arora, Mr. Madhu Kannan and Mr. PH Ravikumar. The dinner was attended by most of the senior bankers of the country seeing representation from International banks, Private Sector banks and Public Sector Banks. This dinner served to strengthen the already strong USE Shareholder base and provided the ideal platform for the stakeholders to interact with each other.
This event was historical for United Stock Exchange as it for the first formal interaction of our newly appointed CEO with the stakeholders and prospective stakeholders.

The USE-BSE deal was a turning point in the history of both the exchanges. Bombay Stock Exchange Limited (BSE) decided to take a 15% stake in United Stock Exchange (USE). USE from that day onwards brings together a consortium of key stakeholders - the exchange, banks, and financial institutions - to drive the development and growth of the currency and interest rate derivatives markets.
Commenting on the development, Mr. Jagdish Capoor, Chairman, BSE, said, “Events in recent years have demonstrated the desirability of exchange traded products. We at BSE are committed to working with regulators and market participants to forge the development of trading platforms that facilitate price discovery in a transparent manner. We are happy to be joining hands with the largest banks, end-users and trading entities to drive development of this market.”