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12.07.2012 (1688 Days Ago)
TitleMCX-SX operates as a full- fledged stock exchange
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Market regulator Securities & Exchange Board of India (SEBI), granted permission to MCX stock Exchange (MCX-SX) to operate as a full-fledged stock exchange, a development that ends nearly 4 year long wait.

With the approval, MCX-SX would be able to offer additional asset such as equity & equity F&O (Futures & Options), interest rate futures and wholesale debt segments.

The promoters of MCX-SX, in their submissions and the undertakings to SEBI, have said that the shareholding of MCX and Financial Technologies (India) Ltd. (FTIL) the two promoters, would not exceed 5 percent at any point of time.

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