In a historic development, one of Asia’s oldest stock exchanges — the Calcutta Stock Exchange (CSE) — has officially been shut down after more than a century of operations.

Founded in 1908, the exchange was once a thriving financial hub, playing a crucial role in shaping India’s capital markets before the rise of national exchanges. However, with the dominance of Bombay Stock Exchange and National Stock Exchange of India, trading activity at CSE had steadily declined over the past two decades.

The decision to wind up came after years of regulatory pressure, lack of sufficient volumes, and non-compliance with updated norms. This closure symbolizes a shift from regional trading floors to digital, centralized, and more regulated platforms.

🔸 Key Highlights:
    •    📆 Established: 1908
    •    🏦 Once the second-largest bourse in India
    •    📉 Trading volumes declined drastically post-2000s
    •    📜 Securities and Exchange Board of India (SEBI) finally ordered a formal exit
    •    📊 Members may migrate to national platforms

While this marks the end of a legacy, it also highlights India’s evolving financial landscape — where innovation, scale, and technology are redefining market participation.

Goodbye to a legend. Hello to a new era of trading.