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SEBI nod to MCX-SX entry into equity will boost investor confidence: Analysts

Posted on 12 July 2012

The Multi Commodity Exchange of India and Financial Technologies Ltd, the promoters of MCX Stock Exchange (MCX-SX), rallied in trade today after MCX-SX got the nod from the market regulator to start operations as a full-fledged stock exchange.
“The permission granted by SEBI to MCX-SX to deal in equity and equity futures & options, interest rate futures and options, interest rate futures and wholesale debt segments, subject to a few conditions, will boost the investor confidence on the company,” said Sanjeev Jain, Research Analyst- BFSI at Microsec Capital Ltd………………………………………..Full Article: Source


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