National Stock Exchange is one the two leading stock exchanges in our country. The stock exchanges act as a common market place for the securities thereby providing liquidity to the securities issued by the corporate. Arbitration process in stock exchanges forms a very important part of the customer grievance redressal mechanism. SEBI has been issuing guidelines from time to time to promote arbitration in the stock exchanges. The volume of arbitration proceedings in the NSE has been an indicator of the efficiency of the capital market. The paper analyzes the various types of complaints/ arbitration proceedings conducted by the NSE. It looks into the various types of disputes which have contributed to the arbitration and their trend over the years

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