In an interview to CNBC-TV18, Mrugank M Paranjape, MD & CEO of Multi Commodity Exchange of India (MCX) spoke about the latest happenings and gave his outlook for the future.
This is an extremely welcome step. If we all want to take the commodities market to the next level, we have to make sure that we embrace these new instruments, make sure that MFs and PMS providers can use commodity markets effectively so that we can get real depth and real retail participation going in the commodities market, Mrugank M Paranjape, MD & CEO of Multi Commodity Exchange of India (MCX) said.
In an interview to CNBC-TV18, MCX CEO Mrugank Paranjape spoke about the launch of options contract for gold futures.
Market regulator Securities and Exchange Board of India (SEBI) has paved the way for options trading on commodity exchanges but with some riders. In an interview to CNBC-TV18, Mrugank M Paranjape, MD & CEO of MCX spoke about the latest happenings.
PK Singhal, Joint MD, MCX believes the merger between Sebi and FMC would bring about transparency to commodity market.
Speaking exclusively to CNBC-TV18, Venkat Chary, Chairman, FTIL, termed the government allegations at the Company Law Board as frivolous and baseless.
The board of MCX-SX would decide whether it would allow Financial Technologies to subscribe to its rights issue, MCX Vice Chairman Thomas Matthew said. MCX-SX, India‘s third national stock exchange run by MCX, is looking to raise Rs 500-600 crore via the rights issue.