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  • The Madras Stock Exchange is a stock exchange in Chennai, India. The MSE is the fourth stock exchange to be established in the country and the first in South India. It had a turnover of 3,090 crore, but is a fraction of the turnover generated by the Bombay Stock Exchange and National Stock Exchange of India.The turnover of the stock exchange was 19,907 Crore as of the financial year 2012. It is one of the four stock exchanges in India to have permanent recognition by market regulator SEBI. In 1996, the MSE was fully computerised and online trading became operational, as the MSE was connected to 120 broking offices in and around Chennai through wide area networking. The MSE has about 120 live members and 1,785 companies listed. The exchange follows the Rolling Settlement system, as per the January 2000 SEBI guidelines and a proactive Grievance Cell is operational. By this system, investors can log in their complaints, for which a number will be given for further reference, through which investors can keep track of the action taken by the exchange as regards their complaint. A subsidiary company - MSE Financial Services Ltd, has been established.

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