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September 02, 2015 11:22 AM ET

Diversified Financial Services

Company Overview of United Stock Exchange of India Limited

Company Overview

United Stock Exchange of India Limited operates stock exchange in India. It offers currency futures contracts in USD-INR, EUR-INR, GBP-INR, and JPY-INR pairs; and currency options contract on USD-INR pair. The company was incorporated in 2008 and is headquartered in Mumbai, India.

Arcadia Building

Office no 3 to 6, 7th Floor

195, N.C.P.A Marg

Nariman Point

Mumbai,  400021

India

Founded in 2008

Phone:

91 22 4244 4999

Fax:

91 22 4244 4900

Key Executives for United Stock Exchange of India Limited

Chief Financial Officer and Head of HR, Accounts & Finance
Age: 64
General Manager of Business Development and Director of Business
Age: 41
Chief Regulatory Officer
Age: 53
Head of Information Technology and Deputy General Manager of Information Technology
Age: 44
Head of Operations & Technology
Compensation as of Fiscal Year 2015.

United Stock Exchange of India Limited Key Developments

USE In Talks To Acquire DSE

United Stock Exchange of India Limited (USE) is in talks with management of Delhi Stock Exchange Association Ltd. (DSE) to acquire Delhi Stock Exchange. DSE executive said, “The DSE has a good number of listed companies. It will give the USE a head start in the space. The USE is cash rich. If the merger materializes, it will unlock value for all stakeholders. The talks are in preliminary stages.” Business Standard reported that USE official declined to comment. The minutes of DSE stated that chairman informed the board had examined various options and told shareholders there had been preliminary talks in respect of a merger between the USE and DSE. VK Kapur, a DSE shareholder said, “The idea of a regional exchange is passed. Today, you can trade from any corner of the country, even from London, through your mobile phone. They are just wasting time and money.” Saurabh Chugh, DSE shareholder said, “They are interested in the land and buildings valued between INR 2 billion to INR 2.5 billion, and the settlement guarantee fund and other reserves of INR 700 million. It will be better for small shareholders if the exchange is wound up, according to SEBI guidelines.”

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To contact United Stock Exchange of India Limited, please visit www.useindia.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

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