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  • News From Press BSE StAR MF processes over 81,000 orders in single day

    BSE StAR MF processes over 81,000 orders in single day

    Source: Business Standard/PTI Mar 29, 2016

    Leading exchange BSE's distribution platform Monday processed more than 81,000 orders worth Rs 270 crore, a record high for a day.

    It has already processed over 32.65 lakh orders, amounting to over Rs 43,000 crore in the current financial year.

    On March 23, the mutual fund platform received MF orders to the tune of Rs 1,048 crore.

    "Today BSE's mutual fund distribution platform BSE StAR MF has processed more than 81,000 orders worth Rs 270 crore - a record high for a day," the exchange said in a statement.

    Prior to this, the MF platform had executed over 72,000 orders on December 30, 2015.

    Earlier this month, BSE announced a host of new services on its MF platform including digital non-demat transactions, round the clock order acceptance and six day order holding facility to help investors and distributors of such products.
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