MCX, Financial Tech gains on SEBI go-ahead

Thu Dec 20, 2012 3:37pm IST

Related Topics

Stocks

   

Reuters Market Eye - Shares in Multi Commodity Exchange of India (MCEI.BO) and Financial Technologies (FITE.NS) which owns 26 percent in MCX, gain after the company said in a statement it has received the final go-ahead from the markets regulator Securities and Exchange Board of India (SEBI) for starting operations in MCX Stock Exchange.

The company also adds that SEBI has already cleared the first lot of registration of 100 members and the balance applications are expected to be cleared shortly.

Multi Commodity Exchange of India gains 1 percent, while Financial Technologies is up 2.4 percent.

(Reporting by Abhishek Vishnoi)

FILED UNDER:

Reuters Showcase

Adani Restructuring

Adani Restructuring

Adani says to restructure business  Full Article 

Coal India Stake

Coal India Stake

Coal India 10 pct stake sale fully covered  Full Article 

Trading Fees

Trading Fees

BSE slashes fees in FX derivatives battle with NSE  Full Article 

SpiceJet Turnaround

SpiceJet Turnaround

SpiceJet board approves up to $243 mln share sale plan  Full Article 

Currency Market

Currency Market

RBI urges companies to hedge FX exposure  Full Article 

Uber's Woes

Uber's Woes

Delhi Uber passenger who alleges driver rape sues in U.S.  Full Article 

Banking Sector

Banking Sector

Banks say no room to cut lending rates, thwarting RBI easing  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage