Meet BSE's Turnaround Man
When Sundaraman Ramamurthy became the chief of Bombay Stock Exchange, he found an organisation that was almost on the brink of irrelevance. He found highly dwindled cash market share, no opening in equity derivatives and a heap of operational issues. Could he “make the elephant dance?” is the question many asked. But from there, Ramamurthy led a remarkable turnaround of the bourses with a mix of strategic initiatives and basic steps: painstakingly going to hundreds of brokers and asking them what would make them start trading again. While issues still persist, especially in segments such as F&O, Ramamurthy has calm, tactical plans to tide over them. In this episode of “ET Wealth and Beyond” ET’s markets editor Nishanth Vasudevan talks to Ramamurthy on the story of BSE’s resurgence, the strategy driving this transformation, and its future amidst evolving regulatory frameworks. Tune in.You can follow our host Nishanth Vasudevan on his social media: Linkedin & Twitter Catch the latest episode of ‘ET Wealth & Beyond’ on etwealthandbeyond.com, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube. About ET Wealth & Beyond: In partnership with The Economic Times, BSE presents the "Wealth and Beyond" podcast, a six-episode series designed to demystify the rules of investor engagement, awareness, and protection. As retail investor participation surges, navigating the complexities of securities markets and making well-informed decisions is critical. This series will feature renowned market experts, who will share insights on The Art of Investing, Traps of Tip Trading, Navigating Futures and Options and more. By addressing these key topics, this podcast series aims to equip retail investors with the knowledge and tools they need to protect their investments and thrive in today’s markets. As securities markets evolve and the number of retail investors skyrockets, there is a need for greater awareness around investor rights, market structures, and the growing array of investment products. Investors today have access to a variety of information channels but are often exposed to unsolicited advice and promises of quick gains, leading to potential pitfalls. This series will help Educate Investors, Promote Market Integrity, Enhance Market Confidence. Tune in to the "Wealth & Beyond" podcast series and empower yourself with the knowledge to navigate today’s financial markets responsibly. About BSE: BSE Ltd., India’s leading exchange group, is celebrating its 150th year anniversary this year. BSE has been playing a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder base. BSE provides an efficient and transparent market for trading in multiple asset classes including, equity, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, SME, startups and debt instruments. See omnystudio.com/listener for privacy information.
