BSE-NSE Duopoly Faces Challenge: Metropolitan Stock Exchange to Launch Soon

• Metropolitan Stock Exchange (MSE) is set to begin trading in the next 2-3 weeks, potentially ending the BSE-NSE duopoly.
• MSE aims to offer a new listing option for equities beyond BSE and NSE.
• To ensure liquidity, MSE plans a comprehensive enhancement scheme, including appointing market makers for 130 stocks.
• BSE, Asia's oldest exchange (est. 1875), holds 8-10% of the cash market and 20% in index F&O.
• NSE, launched in 1992, dominates with 90-92% of the cash market and 80% in index F&O, making it India's largest exchange.

Why It Matters: Metropolitan Stock Exchange's imminent launch could disrupt the long-standing BSE-NSE market dominance.