BSE today announced the launch of celebrations of the World Investor Week 2022 (#IOSCOWIW2022) under the aegis of SEBI and the International Organisation of Securities Commissions (IOSCO) from Oct 10, 2022, to Oct 16, 2022.
World Investor Week (#WorldInvestorWeekIndia) is a week-long global celebration promoted by IOSCO worldwide to raise awareness about the importance of investor education and protection. In India, SEBI has led the initiative and is working with all the Exchanges, Clearing Corporations, and Depositories to make this a memorable and enriching week for all investors.
To mark the beginning of World Investor Week (WIW) celebrations, a Bell Ringing Ceremony was held on October 10, 2022, in BSE’s International Convention Hall in the presence of Chief Guest, Shri G P Garg, Executive Director - SEBI, along with senior dignitaries from SEBI, leading investor associations and investors.
BSE is also hosting several activities to celebrate WIW 2022 such as daily Quiz programs with exciting prizes for investors, a Quiz exclusively for students organised jointly with the Institute of Company Secretaries of India (ICSI), promoting women investors’ participation with an all-women panel discussion featuring financial experts, six days talk show on YouTube for women investors, an AD-MAD competition where participants make impactful short videos giving message on safe investment rules, street plays giving messages about financial frauds, etc.
To celebrate the WIW 2022, BSE is also lighting up the BSE Building for all the days of the week to create awareness of this global event among investors in India’s financial capital.
While addressing the event, Shri G. P. Garg, Executive Director, SEBI, said “Investors are the most important constituent of the securities market. Investor education and protection are the key pillars that determine their participation in the securities market. SEBI as a market regulator has proactively introduced reforms and new policies/procedures with a consultative approach, keeping in mind the interests of common investors, and this a continuous process.”
He appreciated the efforts taken by BSE and all MIIs in making this event impactful through various innovative initiatives.
In his welcome address, Shri Neeraj Kulshrestha, Chief Regulatory Officer, BSE, said “The recent multi-fold influx of retail investors in the capital market during the pandemic has led to much higher participation of the retail investors in the securities market. As such, the responsibilities of regulators have also increased to protect the interest of these Investors, and events like World Investor Week will play an important role in educating and boosting the confidence of investors.”
He appreciated the efforts taken by SEBI and all MIIs to make this global event successful, keeping the general investors at the center point.
Shri. Khushro Bulsara – Head, BSE IPF informed the gathering about various activities initiated during WIW, which reflect its continuous commitment towards creating a fair and transparent environment for investment, Investors’ education, and awareness.
Shri. Khushro Bulsara said, “We cannot stress enough on the importance of investor awareness and education in taking India to its avowed goal of a USD 5 trillion economy. Financial inclusion has to be a collaborative effort by all and investors need to be wary of get-rich-fast schemes, phishing scams etc. to conserve and grow their wealth.”
He thereafter thanked SEBI and all the dignitaries present who participated in this ceremony to mark the beginning of this weeklong celebration, dedicated to all the investors in the country.
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s fastest Stock Exchange with a speed of 6 microseconds. BSE is India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, mutual funds, and stock lending and borrowing.
BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India’s Largest Mutual Funds Distribution Infrastructure. On October 1, 2018, BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds Almonds & Turmeric.
BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services, and education. It has a global reach with customers around the world and a nationwide presence. BSE’s systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments.
Indian Clearing Corporation Limited, a wholly-owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. ICCL is the only clearing corporation in India to have been granted "AAA" rating by two rating agencies, India Ratings Ltd. (Indian arm of Fitch Ratings) and Care Ratings Ltd. BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Ltd. (CDSL), the associate company of BSE, is one of the two Depositories in India.
BSE has set up an Investor Protection Fund (IPF) on July 10, 1986, to meet the claims of investors against defaulter Members, in accordance with the framework issued by the Ministry of Finance, Government of India, and SEBI. BSE Investor Protection Fund is responsible for creating Capital markets-related awareness among the investor community in India.
India International Exchange (IFSC) Limited (India INX) is India’s first international exchange in International Financial Services Centre (IFSC) located at the Gujarat International Finance-Tec City (GIFT City). India INX is a subsidiary of BSE Limited. The Exchange was inaugurated by the Hon’ble Prime Minister of India, Shri Narendra Modi, on Jan 09, 2017, and commenced its operations on Jan 16, 2017.