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FMC not to approve new contracts for trading on MCX

Last Updated: Friday, May 09, 2014, 22:00

Commodity markets regulator FMC has decided not to approve new contracts for futures trading at MCX till the bourse ensures its promoter FTIL pares its stake to 2 percent from the existing 26 percent.

SEBI probes FTIL, MCX stock crash

Last Updated: Thursday, August 01, 2013, 13:54

Market regulator Sebi has begun a probe into a major crash in the share prices of commodity bourse MCX and its promoter Financial Technologies (FTIL) and has sought information from stock exchanges in this regard.