Tue, Aug 4, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commodities Exchanges, Regulatory more

Regulator bars founder from India’s largest commodities exchange

Posted on 19 December 2013

In a blow to the founder of India’s largest commodity exchange, the country’s market regulator on Tuesday barred Financial Technologies India Ltd. from running Multi Commodity Exchange of India Ltd in the wake of alleged trading irregularities at another exchange.
Forward Markets Commission ordered Financial Technologies to pare down its stake to 2% from 26% in the exchange, saying there was evidence of misconduct at its subsidiary company National Spot Exchange Ltd………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 41730 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
August 2015
S M T W T F S
« Jul    
 1
2345678
9101112131415
16171819202122
23242526272829
3031