--- id: 822 title: "Reforming and Modernising NSE Wins the CFI.co Best Exchange Award, India" award_year: 2013 published: 2013-09-24 13:17:18 published_gmt: 2013-09-24 13:17:18 author: "CFI.co Editorial" url: "https://cfi.co/awards/asia-pacific/2013/reforming-and-modernising-nse-wins-the-cfi-co-best-exchange-award-india/" categories: ["Asia Pacific", "Exchanges & Brokers", "Finance"] content_class: award_rationale independence_status: independent_editorial sponsor_disclosure: none editorial_lens: constructive_positive_lens historical_status: current_at_publication correction_status: none archive_policy: no_delete provenance_layer: github_versioned wayback_status: archived wayback_first_snapshot: 20150807002729 wayback_snapshot_url: "http://web.archive.org/web/20150807002729/http://cfi.co/awards/asia-pacific/2013/reforming-and-modernising-nse-wins-the-cfi-co-best-exchange-award-india/" license: CFI-OAAL-1.0 content_sha256: c97a55597a4b65bc590e99652e914816186fa3905f4beb4c86cfccce72fe96c3 canonical: 822-reforming-and-modernising-nse-wins-the-cfi-co-best-exchange-award-india.json --- # Reforming and Modernising NSE Wins the CFI.co Best Exchange Award, India > Verbatim archived copy. Canonical machine record: `822-reforming-and-modernising-nse-wins-the-cfi-co-best-exchange-award-india.json`.

The Mumbai based National Stock Exchange prevailed over some worthy competition to win the CFI.co Best Stock Exchange Award, India, 2013.
The NSE – and indeed Mumbai as a whole - accounts for a major chunk of India’s total trade in shares. The CFI.co Judging Panel specifically pointed to the exchange’s full and firm commitment to transparency and its continuous quest for improvements in the efficient delivery of its many services.
In the mid-1990s, the National Stock Exchange played a major role in reforming the Indian securities market. The CFI.co judges remarked on the ease with which investors in all corners of India may access the exchange’s services. The judges also pointed out that the NSE’s Nifty Fifty index has become an indispensable tool for investors considering the subcontinent. The NSE provides a fine model for today’s global securities industry.