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MCX to set up commodity clearing arm

Posted on 31 March 2009

From Business-standard.com: India’s largest commodity trading platform, the Multi-Commodity Exchange (MCX), is setting up a clearing corporation, a 100 per cent subsidiary, to look after the clearing of trading orders floated by members and clients.

The corporation, christened MCX Clearing Corporation, is likely to start functioning next month…..Full Article: Source


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