Saturday, July 14, 2012

MCX gets final approval for stock exchange

Securities and Exchange Board of India(SEBI) gave permission for MCX-SX to start trading on equities, equity futures & options, interest rate futures and wholesale debt segments. Currently the main  stock exchanges in India are National Stock Exchange (NSE) and Bombay Stock Exchange(BSE) which will have good competition from MCX-SX. It is owned by Multi Commodity Exchange(MCX).

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