In Calcutta, India there is a securities market called Calcutta Stock Exchange (CAL) .CL. This is the second oldest exchange in the country that was established in 1908 and its first name was Calcutta Stock Exchange Association with the exchange of securities in the East India Company. During this time, it had 150 members. Then the association became a restricted liability concern in 1923. Almost 6 decades after, India's government acknowledge the exchange as one of the regular trading securities market in 1980. Later in 1997, the exchange became the biggest in the country, and it changed its manual trading method with a computerized trading style called C-Star.