SEBI permits MCX-SX to operate as full-fledged bourse
Securities and Exchange Board of India (SEBI) granted permission to MCX Stock Exchange (MCX-SX) to function as a full-fledged stock exchange,
What effect this decision will bring ?
- With this nod MCX-SX would be able to offer additional asset classes such as equity and equity F&O (Futures and Options), interest rate futures and wholesale debt segments.
- The long awaited decision will now bring in more competition in markets.