MCX-SX,India's new stock exchange reported Today, it will launch Equities trading on Monday in 1,116 listed companies.MCX-SX,controlled Multi-Commodity Exchange(MCX) of India Ltd and Trading software provider Financial Technologies India (FT India)Ltd will start trading operations on Monday after a long regulatory approval process.
The Equity and Equity derivative segment of MCX Stock Exchange (MCX-SX) will be inaugurated on February 9, 2013 by Union Finance Minister, P.Chidambaram. Live trading in this segment will commence from February 11, 2013 As per Exchange statement.
MCX-SX was granted the status of a “recognized stock exchange” by the Ministry of Corporate Affairs (MCA), Government of India on December 21, 2012. It received “commencement certificate” from market regulator SEBI for trading in new segments such as Equity, Futures and Options on Equity, Interest Rate Derivatives and Wholesale Debt Market on December 19, 2012.
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