Metropolitan Stock Exchange to shut its clearing corporation

The Metropolitan Stock Exchange of India Ltd (MSEI), formerly known as MCX Stock Exchange Ltd (MCX-SX), plans to shut its clearing corporation and tie up with another exchange for handling the trade clearing services. MSEI has already written to the Securities and Exchange Board of India (Sebi) for seeking regulatory approval.

India all set to become electronic hub

India would be competing with countries like China, Taiwan and Japan.

FTIL's stake in MCX to be sold via offer for sale

India's leading commodity exchange, Multi Commodity Exchange (MCX) has been permitted to sell its 24 percent stake in Financial Technologies India Ltd (FTIL) via offer for sale.

Will NSEL crisis affect banks and finance companies?

Experts say, after the scam, there will be further depreciation in trading volumes.