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.

Month: Current Affairs - July, 2012