All Entries in the "MCX-SX" Category
MCX-SX Should Be Allowed to Offer Competition in The Exchange Space
The Bombay High Court has set aside the Sebi order denying MCX-SX permission to conduct any business of a stock exchange other than trade in currency derivatives and directed Sebi to consider MCXSX’s application afresh. This is a welcome development and Sebi should now move expeditiously to let the new exchange start operations in all [...]
MCX-SX files Writ Petition in The Honourable Bombay High Court challenging SEBI’s Order
MCX Stock Exchange (MCX-SX) has filed a writ petition on 29th October 2010 in the Honourable Bombay High Court challenging the SEBI Order dated 23rd September 2010. It may be recalled that SEBI had passed the order dated 23rd September 2010 rejecting the application made by the Exchange, seeking approval for commencement of its equity, [...]
