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MCX to exit 3 exchange ventures

Posted on 21 February 2014

Multi Commodity Exchange of India (MCX), which is promoted by Financial Technologies (India) (FTIL), intends to sell its holding in entities like Dubai Gold & Commodities Exchange (DGCX), MCX Stock Exchange (MCX-SX) and MCX-SX Clearing Corporation.
“MCX intends to divest its shareholding in a few ventures… the organisation needs investment/merchant bankers to strategically advise on the sale of these shares,” said an advertisement issued by the commodity futures bourse………………………………………..Full Article: Source


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