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Commodities Briefing - Categorized | Commodities Exchanges, M&A more

Any takers for the NMCE, MCX anchor investor stakes?

Posted on 31 March 2011

India’s commodity futures trading volumes have surged fast enough to increase the profitability of the commodity exchanges, but is that enough to attract instituitional interest in the bourses? Not necessarily.

Both Multi-Commodity Exchange of India (MCX), India’s largest bourse and National Commodity Exchange of India (NMCE), India’s first national level electronic bourse to commence trading in 2003, have been given more time to comply with a legal directive to bring down anchor investor stakes to 26% of the paid up capital………………………………………Full Article: Source


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This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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