FTIL floats EoI to sell 23% stake in MCX-SX CCL
FTIL floats EoI to sell 23% stake in MCX-SX CCL

Financial Technologies of India Ltd (FTIL) has begun the process of selling its 23 percent stake in MCX-SX Clearing Corporation in order to comply with market regulator Sebi's order.

Metropolitan Stock Exchange eyes Rs 118 cr via rights issue

Metropolitan Stock Exchange of India (MSEI), formerly known as MCX-SX, is firming up plans to mop up a little over Rs 118 crore through a rights issue - sale of shares to existing shareholders.

FTIL's exit from MCX-SX is complete

Crisis-hit Financial Technologies India Ltd (FTIL) Wednesday said it has completed the sale of its entire 5 percent stake in MCX-SX for nearly Rs 89 crore, thus exiting the bourse.

MSX says not linked to FTIL, NSEL and their promoters anymore

Metropolitan Stock Exchange, formerly known as MCX Stock Exchange or MCX-SX, on Thursday said it is no more linked to Financial Technologies, NSEL and its promoters and operates as a separate and independent entity.

ED names Jignesh, Massey, 66 others in NSEL case charge sheet

FTIL founder Jignesh Shah, MCX-SX's Joseph Massey and former NSEL CEO Anjani Sinha are among 68 accused named in the Enforcement Directorate (ED) charge sheet in the National Spot Exchange Limited scam case.

MCX sells Rs 2.25 crore warrants in MCX-SX to IL&FS

Leading commodity bourse MCX on Monday said it has sold 90,17,227 warrants worth Rs 2.25 crore in MCX-SX to IL&FS Financial Services.

SKS Capital backs out of MCX-SX stake buy, says Financial Tech

Financial Technologies Wednesday said SKS Capital has backed out from acquiring some of its stake in MCX-SX even as other investors, including Rakesh Jhunjhunwala, have completed purchase of shares in the stock exchange.

MCX-SX issues shares to new investors; meets Sebi conditions

To comply with the conditions imposed by Sebi, MCX-SX Tuesday issued shares to 12 new investors, including Rakesh Jhunjhunwala, following which the erstwhile promoter FTIL will completely exit from the bourse.

FTIL sells 1.65 lakh shares of MCX-SX to Jhunjhunwala

Financial Technologies India Ltd (FTIL) Monday said it has sold an additional 1.65 lakh shares to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh in stock exchange MCX-SX, thereby completely exiting the bourse.

MCX seeks buyers for its stake in MCX-SX

Country's largest commodity exchange MCX Thursday invited expressions of interest from potential investors to divest its stake in MCX-SX and MCX-SX Clearing Corporation Ltd.

FTIL shares up over 4.5% at close

Shares of Financial Technologies India (FTIL) ended over 4.5 percent higher after the company inked a pact with ace investor Rakesh Jhunjhunwala and others to sell its entire 5 percent stake in MCX-SX for Rs 88.41 crore.

FTIL in pact with Jhunjhunwala, others to exit MCX-SX bourse

Financial Technologies India Ltd Tuesday inked a pact with ace investor Rakesh Jhunjhunwala, financial major Edelweiss and others to sell its entire five percent stake in MCX-SX stock exchange for Rs 88.41 crore.

MCX approaches SEBI for retaining stake in MCX-SX, MCX-SX CCL

Country's largest commodity exchange MCX has requested SEBI to allow the company to retain its stake in MCX-SX and MCX-SX CCL.

IRF turnover hits Rs 1.5 lakh cr in April-Sept

Trading of interest rate futures (IRF) on BSE, NSE and MCX-SX cumulatively stood at about Rs 1.48 lakh crore during April-September period.

MCX-SX to be rechristened as Metropolitan Stock Exchange

MCX Stock Exchange (MCX-SX) on Tuesday said it has received approval from capital markets regulator Sebi to rename itself as Metropolitan Stock Exchange of India Ltd' or mSXI.

MCX-SX gets conditional one-year renewal; SEBI seeks biz plan

As crisis at its erstwhile promoter group continues to cast a shadow, MCX Stock Exchange Monday got a one-year conditional renewal to function as a bourse and regulator Sebi asked it to submit a long-term sustainable business plan and take other remedial actions.

FTIL contests CBI charges related to setting up of MCX-SX

Financial Technologies Tuesday contested CBI charges that it had violated Sebi norms by entering into a buy back arrangement with a nationalised bank while setting up MCX-SX, saying the matter has already been settled by the Supreme Court.

CBI registers case against Jignesh Shah

After nearly five months of probe, CBI on Monday registered a case against Jigesh Shah and SEBI officials and its former executive director JN Gupta.

CBI closes case against Bhave; recommends departmental action

The CBI has decided to close a case against former SEBI chairman C B Bhave and another ex-member in connection with grant of sanction to MCX-SX to function as a full-fledged private stock exchange but recommended "departmental action" against him.

BSE to begin charging for currency derivatives trade

After exempting trades on its currency derivatives platform from any transaction charges for nearly one year, leading bourse BSE will begin levying a fee for this segment from December this year.