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National Spot Exchange names chief executive

Posted on 18 September 2013

India’s National Spot Exchange Tuesday named a new chief executive, as it struggles to settle commodity contracts that were outstanding when it halted trading amid a regulatory probe into alleged rule violations.
The board has appointed Saji Cherian, the new CEO, also as the exchange’s managing director, it said in a news release. Mr. Cherian was previously head of listing at MCX Stock Exchange Ltd., a stock exchange co-founded by Financial Technologies (India) Ltd., the owner of the National Spot Exchange………………………………………..Full Article: Source


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