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Commodities Briefing - Categorized | Commodities Exchanges, New Launches more

New bourse launched in India

Posted on 11 February 2013

A new stock exchange in India opens for trading on Monday, pitching the country’s main commodity bourse into a three-way battle with the two established incumbents as they look to attract investors around the world. The new venue, MCX-SX, will trade more than 1,100 equities, develop derivatives like futures and options and launch its own index of leading shares, the SX-40.
It was formally unveiled at an event attended by Indian Finance Minister Palaniappan Chidambaram in Mumbai on Saturday………………………………………..Full Article: Source


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