It was the first stock exchange in South India to start electronic trading of securities in 1996.
Members operate within the overall framework of policies and practices developed over a period of time by the Exchange.
[3] In December 2008, SEBI had issued guidelines and laid down the framework for exit by stock exchanges.
As per SEBI norms, a stock exchange, whose annual trading turnover on its platform was less than Rs 1,000 crore, can apply for voluntary surrender of recognition and exit, while a bourse which fails to achieve a turnover of Rs 1,000 crore, would be subject to compulsory exit process.
The shareholders of BgSE in its annual general body meeting held on 21 September 2013 passed the resolution to apply to SEBI for exiting as a stock exchange through voluntary surrender of recognition.