The Calcutta Stock Exchange (CSE) today said it has received Securities and Exchange Board of India's nod to allow trading on NSE platform.
"We have received Sebi's approval to allow National Stock Exchange trading for our members through the local bourse," CSE chairman Dipankar Chatterji told PTI.
CSE board will finalise the modalities and fees structure shortly after receiving brokers' feedback, Chatterji said.
CSE expects to make the NSE platform operational by early February. The bourse already offers trading facility for BSE scrips.
The local bourse already does daily average business of Rs 30 crore from the Bombay Stock Exchange trading platform.
After the the operationalisation of the NSE platform, the exchange hopes to create a combined turnover of Rs 80-100 crore from cash segment of BSE and NSE.
"The exchange will witness a major jump in turnover after we introduce futures and options segment of NSE in CSE," Chatterji said.