Cochin Stock Exchange (CSE or CoSE) was a stock exchange in Kochi, Kerala in India.

Incorporated in 1978,[1] it had over 350[2] Indian companies listed at its peak, and during the
1990s, it was the fourth largest exchange in India by turnover, with a daily turnover of 70
100 crore (equivalent to 301 crore or US$44 million in 2016). The exchange stopped trading in
2005, and was in the final stages of closure by May 2014.[3]
Cochin Stock Brokers, which provides trading facilities on the Bombay Stock Exchange,
and CSE Institute, an educational organisation, continue to operate beyond the closure of the
exchange.

History[edit]
Computerized trading was introduced in 1997. The major back office system software used are
NESS and BOSS respectively for NSE and BSE. The trading software used in CSBL is Multex.
Traders are provided Meta Stock and ERS software, trading terminals and optical fiber
connections.[4] DP holdings are maintained by demat services like CDSL.
The new millennium saw the stock exchange building being shifted from the old structure in
downtown Cochin to a brand new building in the Kaloor area in northern Kochi.
Trading hours historically used to begin late in the afternoon enabling access to traders from
other regions of the state. Base Minimum Capital required to be maintained is Rs. 2 lakhs. [5]
The securities scam of the early nineties led the Securities and Exchange Board of India (SEBI)
regulations on stock exchanges requires separation of ownership and trading rights and made it
mandatory for majority ownership rests with the public, those without any trading rights. [6]
The stock exchange was closed after the SEBI introduced a minimum net worth requirement
of 100 crore (equivalent to 111 crore or US$16 million in 2016) and a turnover
of1000 crore (equivalent to 11 billion or US$160 million in 2016) for stock exchanges to
continue operation.

Economic impact[edit]
Industrialisation did not happen in Kerala to the extent as in other Indian states. As a result, most
Keralites do not invest in manufacturing entities. The reasons for the failure to attract
manufacturing industries is unclear, but it has be due to the political climate and the lack of
resources in a small state with such a large population density. The stock exchange is therefore
an excellent channel for investment opportunities in the face of local problems. [7]