How to start stock Exchange business?
Starting a stock exchange seems hard but it isn't especially if you satisfy net worth requirement (its inr 100 crore in Asia; that too is doable when you've got diluted risk or have partners like nationalized banking institutions). The challenging component is producing volumes (positions).
I'm saying this based on my experience for example. I was amongst first 5 staff members of a national degree stock market in Asia and played multiple roles across groups.
Essentially each exchange generally features next company areas or divisions
- trading and surveillance (including traditional surveillance)
- Clearing
- Account
- Detailing
- Appropriate
- Finance
- Advertising and marketing and communication
- Product sales and business development
To be honest in preliminary times it is possible to kick off change with only 10 individuals but ultimately you'll have to expand and create specialization to add worth.
Probably the most difficult part in procedure is always to persuade dealers to trade in your trade. It is a period; more dealers causes much better volume and liquidity, which provokes other supplier to trade.
