On the occasion of the National Stock Exchange’s (NSE’s) silver jubilee celebration, its MD and CEO Vikram Limaye spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues. Edited excerpts:
The NSE has a near-monopoly in the derivatives segment and dominance in the cash segment. What has worked in its favour? Will it continue to stay far ahead in the competition?
I certainly hope so. The experience generally is that liquidity, once established, generally doesn’t move. There has to be a reason for people to move from one platform to