The Indian Financial Market is one of the oldest in the world, with a history going back over two centuries when the country was under the rule of the East India Company. During the second half of the 19th century, India’s capital markets comprised of approximately 20-25 brokers, while the number stands at over several thousand today; indicating the tremendous growth pace of the Indian financial market.

The strong economic control by regulatory authorities had stagnated the growth of the Indian financial markets, however post liberalization in 1991 there has been a tremendous surge in market activities.

Technology has played a pivotal role in the growth of financial markets in India. It has been a long journey for the Indian financial market; from being a trading market under a banyan tree with a dozen brokers, India is today ranked amongst the best financial markets in terms of technology. According to sources, one-third of the total staff at the National Stock Exchange comprises of IT professionals and is considered to be the top IT user organization in the country.