The country's newest bourse MCX-SX may have just a fraction of the turnover recorded by NSE and BSE, but it is only a shade below the two larger rivals in terms of total market value of the companies whose shares can be traded on its platform.
MCX Stock Exchange (MCX-SX) today said it will introduce incentive schemes for brokers and intermediaries to enhance liquidity in illiquid securities in the equity and derivatives segments from next month.
State Bank of India (SBI), ICICI Bank and Financial Technologies were among those that signed memorandum of understanding (MoUs) with Gujarat International Financial Tec-City (GIFT City) for setting up operations in the city.
Moving closure to the launch of the country’s newest stock exchange platform, MCX Stock Exchange (MCX-SX), has got a ‘commencement certificate’ from the Securities and Exchange Board of India (Sebi), to go live with its trading
Financial Technologies reported an increase of one per cent in net profit at Rs 69.6 crore for the quarter ended September , compared to the corresponding quarter last year.
The soothing rooftop garden outside his corner office might have played a role in this, but Jignesh Shah, the 45-year-old founder of FT Group, is now in a mood to “collaborate&", even with rival stock exchanges with which he has fought many a
Deutsche cited increased revenue from software maintenance solutions, as well as transaction volumes in exchanges MCX and MCX-SX, in which Financial Technologies owns stakes.
Deutsche cites increased revenue from software maintenance solutions, as well as transaction volumes in exchanges MCX and MCX-SX, in which Financial Tech owns stakes.
Financial Technologies (India) Ltd, a part of Financial Technologies Group, has posted 94 per cent growth in its net profit at Rs 76 crore for the quarter ended June 30, against Rs 39.2 crore for the corresponding period of previous year.
Shares of MCX and Financial Technologies India today gained up to 3.3%, a day after MCX-SX received approvals from Sebi and RBI to launch Currency Options.
Financial Technologies and MCX today said they will dilute their stakes in MCX Stock Exchange (MCX-SX) within the Sebi-stipulated 5% in the next 18 months.
Financial Technologies (India) and Multi Commodity Exchange of India Ltd (MCX), the promoters of MCX Stock Exchange (MCX-SX), have rallied more than 8% each after MCX-SX got the nod from market regulator, Securities and Exchange Board of India
Financial Technologies is trading higher by 4% at Rs 774, extending its Wednesday’s 6% rally, on reports that the market regulator Securities and Exchange Board of India (Sebi) has agreed in the Supreme Court on Wednesday to amend its rules and
Shares of Financial Technologies (FTIL) today soared by 5.75%, as the Supreme Court asked the market regulator Sebi to reconsider FTIL-promoted MCX-SX's application for a full-fledged stock exchange.
Financial Technologies India Ltd (FTIL) today said its stake in MCX, the country's largest commodity bourse, has come down to 26% after it sold 26.43 lakh shares of the exchange through an IPO.
The share price of Financial Technologies (FT), which holds 26% stake in newly listed Multi Commodity Exchange (MCX), fell 4.36% on BSE as on 12:40 pm.
Financial Technologies is trading higher 5% at Rs 867 ahead of the Multi Commodity Exchange Ltd (MCX), India's biggest commodity exchange by turnover, initial public offer (IPO) which opens on February 22. Financial Technologies currently holds 31.18%
Financial Technologies is trading higher by 5% at Rs 831 after capital markets regulator, the Securities & Exchange Board of India (Sebi), approved the red herring prospectus of the Multi Commodity Exchange (MCX), India's biggest commodity exchange by
