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Live trading begins in MCX-SX Equity and Equity Derivatives segment from today

India Infoline News Service | Mumbai | February 12, 2013 11:14 IST

Out of the 700 membership applications received by MCX-SX, 405 applications have been already registered by SEBI.

Live trading in Equity and Equity Derivatives segment of MCX Stock Exchange (MCX-SX), which was inaugurated by Hon’ble Union Finance Minister P Chidambaram in Mumbai on Saturday, commenced from today. 

Following are the highlights of the first day of the trading on MCX-SX.
Turnover (Rs. in Crs.) : 12.53 cr
Trading Members enabled for trading: 198
Clearing Members enabled (Equity Segment): 198
Clearing Members enabled (F&0 Segment): 58
3 custodian clearing members were also active in today’s trade. They include ICICI Bank Ltd, HDFC Bank Ltd and Kotak Mahindra Bank ltd,


Joseph Massey, MD&CEO of MCX Stock Exchange said, “A Stock Exchange is a market infrastructure institution which requires a long-term approach like a marathon and not like a sprint race. We would focus on systems, process and compliances and volumes should build up steadily. We are working on the Liquidity enhancement scheme under SEBI’s framework and after due processes it will be introduced and it will have a catalytic effect.”

MCX-SX has started with 1116 companies admitted for trading under "Permitted to Trade" in its Capital Market Segment. Out of the 700 membership applications received by MCX-SX, 405 applications have been already registered by SEBI.

MCX-SX will soon commence trading in its flagship index “SX40”, which was launched by the Hon’ble Finance Minister on Saturday.








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113110713705
Live trading begins in MCX-SX Equity and Equity Derivatives segment from today
Live trading begins in MCX-SX Equity and Equity Derivatives segment from today
Out of the 700 membership applications received by MCX-SX, 405 applications have been already registered by SEBI.
http://www.indiainfoline.com/article/news-top-story/live-trading-begins-in-mcx-sx-equity-and-equity-derivatives-segment-from-today-113110713705_1.html
February 12, 2013 11:14 IST
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MCX-SX Equity, Equity Derivatives, MCX Stock Exchange, MCX-SX
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