MSE Financial Services Ltd. (MSE FSL), is a wholly owned subsidiary of Madras Stock Exchange Ltd. (MSE) incorporated in March 2000 with the main object of providing trading opportunity to the Members of MSE to trade in multiple Exchanges. MSEFSL is a Member of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. In April 2005, MSEFSL was converted into a company limited by shares. It is managed by the Board of Directors comprising of two Member-Directors, two Public Representatives nominated by the Securities & Exchange Board of India, two senior Officials from MSE and the Chief Executive Officer of MSEFSL being the Whole-time Director.
The team of MSE FSL is headed by the Chief Executive Officer an Sr.Officer, Three Officers and two Executives.
The trading in BOLT was inaugurated on 14th September 2000 by Shri Anand Rathi, then President, Bombay Stock Exchange. The Members of MSE shall obtain sub-broker registration with fd, to trade in BOLT and MCX-SX-CURRENCY through MSE FSL. Presently there are –-49- SEBI Registered sub-brokers in MSE FSL.