MSX says not linked to FTIL, NSEL and their promoters anymoreMetropolitan Stock Exchange (MSX) said that Massey had resigned way back in 2013 and Saurabh Sarkar is its current MD and CEO.
Financial Technologies India Ltd sells 1.65 lakh shares of MCX-SX to Rakesh JhunjhunwalaLast month FTIL signed agreements to sell its entire 5% stake, comprising of 2.7 cr equity shares and 56,24,60,000 warrants, for Rs 88.41 c...
Financial Technologies India Ltd pacts with Jhunjhunwala, others to exit MCX-SX bourseFTIL inks pact with Rakesh Jhunjhunwala, financial major Edelweiss and others to sell its entire five per cent stake in MCX-SX stock exchan...
BSE plans foray into commodity trading; board gives nod for new platformA proposal to start a new platform for commodities trading was approved by the BSE board on October 20, said two sources.
MCX to launch new 2015 contracts tomorrowMCX, which largely generates business volumes from bullion and metals, will launch gold contract for expiry in February.
FTIL exits MCX; completes 15 per cent stake sale to Kotak Mahindra BankFTIL announced sale of 15% stake in MCX to Kotak and last month the company sold residual 5% stake in the bourse for over Rs 200 cr.
Forward Markets Commission grants permission to MCX to launch new contracts in 2015MCX has been permitted to launch fresh contracts in commodities such as gold, silver, aluminium, nickel, crude palm oil, and cardamom among...
MCX moves to stem panic, hopes FTIL will exit by September endMCX’s clarification on Tuesday appeared to stem the panic in the market caused by the regulator’s refusal to launch fresh contracts for the...
MCX action on PwC report also key to fresh deals nodIt emerges that the regulatory nod for fresh contracts will also be incumbent on the bourse taking action on PwC’s findings in its forensic...
MCX slips to sixth slot in global commex rankings on CTT, low volatilityThe number of contracts traded on MCX fell by 32 per cent to 26.5 crore from a year-ago period, pushing the bourse to the No. 6 rank from N...
FTIL proposes 40% cut in annual maintenance contract fee to MCXIf MCX agrees to this proposal, its annual outgo on technology costs would decline to Rs 36 crore from Rs 60 crore at present, say sources.
FTIL drags Forward Markets Commission to court over amended shareholding normsIn December last year, FTIL was declared unfit to hold more than 2% in MCX, primarily as a fallout from the Rs 5,600-crore scam on its subs...
Financial Technologies seeks more time to sell stake in MCXThe Financial Technologies (FT) board said it would take two weeks more to attain a final bid for its stake in commodity bourse MCX.
The content & intent of PwC report on MCX are questionable: Jignesh Shah'You can compare MCX expense with any reputed exchange globally. Most have such annual spending on technology.'
FTIL stock zooms 77% in 5 sessions on MCX stake sale, dilution buzzGoing by the way the FTIL stock has been behaving over the past few sessions, few would believe the promoter of NSEL was in the eye of a st...
Bombay Bullion Association plans to buy 5% stake in MCXThe plan comes on the heels of the MCX board having directed the exchange’s promoter Financial Technologies to cut its stake to 2% from 26%...
Uncertain time for MCX, FT over NSEL scam: Sudip Bandyopadhyay"There is a huge change which is happening as far as both these companies are concerned. MCX has suffered probably without any reason," Ban...