The country''s leading bourse Bombay Stock Exchange (BSE), is speeding up its initial public offer plans. Asia''s iconic exchange believes that it is not about money but more about providing liquidity to its investors. The trading of shares will start once BSE gets listed on its own platform. There are certain models by global players; we are working in tandem with SEBI for guidelines, said Rajnikant Patel, MD & CEO, BSE. This listing can prove to be unique in many ways as BSE will list without offering any new shares to retail investors through an IPO. It is sitting on enough cash reserves to fund its capex needs. The Bombay Stock Exchange on Friday launched trading of Sensitive Index-based Futures on the US Futures Exchange (USFE) in Chicago. The IPO process might be completed very soon if everything goes smoothly.
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