FTIL releases enhanced version of exchange software on MCX

MUMBAI: Financial Technologies India Ltd. (FTIL), leading player in trading technology, on Thursday announced that Multi Commodity Exchange of India Limited (MCX), has successfully migrated to the latest version of exchange technology - DOME and clearing and settlement solution - CnS, a company statement said.

The new versions of DOME and CnS give traders a unique experience with introduction of globally accepted new functionalities and performance aspects, it said.

"The new version has generated an encouraging response from the trader community. It has some excellent new features that will meet MCX's ever-growing demand for value-added performance. MCX is committed to provide best-in-class technological advancements by bringing solutions that address our customers' top trading needs," MCX's deputy managing director, PK Singhal said in a statement.

MCX now offers a rare combination of superior technology, user friendliness and performance in the Indian market with offerings like combination order, spread order, EFP (Exchange for Physical), FIX-based connectivity, open interest alerts, SPAN based risk margining system, auction and many other market friendly features, it said.