SEBI : Status of computerisation

Securities and Exchange Board of India (SEBI)

DIVISION CHIEF

SMD/AA/SU/4616/95
December 11, 1995

To,

The Presidents / Executive Directors
All Stock Exchanges except OTCEI, NSE, and BSE

Dear Sir,

Status of computerisation

Kindly recall the time frame committed to, by your stock exchange in the meeting of Executive Directors held on July 18, 1995. Please let us know the progress in the following activities relating to computerisation :

Means of finance:

Total funds requirement
Means of finance
Infrastructure :

Space for installation of computers
Infrastructure for connecting the brokers to the main computer
The facilities at the brokers’ end.
Software acquisition :

Developing system specifications
Calling for quotations from vendors
Evaluation of alternative solutions
Hardware selection :

Type of hardware to be bought
Target date of computerisation

Please treat this as urgent and send in your reply by return fax.

Thanking you,

Yours faithfully,
sd/-

AFTAB ALAM