Limaye, whose five-year term ended on July 16, did not seek another tenure at the National Stock Exchange (NSE) despite being eligible for it.
This comes after the NSE put out an advertisement last week calling for candidates for the MD and CEO role
“The trading systems have been scaled up substantially. We used to process about 100,000 messages per second till about two years ago – that has been scaled up to 300,000. That’s the best in the world,” says Limaye
"The issues of the past are largely behind us," says National Stock Exchange MD and CEO Vikram Limaye
This comes ahead of the end of current MD and CEO Vikram Limaye’s tenure in June.
This new initiative would require companies to meet additional disclosure requirements to provide for higher quality of public information and greater transparency, NSE said.
The Nifty 50 Index options are already available for three monthly option contracts, three quarterly and eight semi-annual option contracts, National Stock Exchange (NSE) said in a release.
NSE is the second equity exchange after Bombay Stock Exchange to enter the commodity derivatives segment.
WFE, which is the global industry association for exchanges and clearing houses, also admitted six new members taking the total number of full members to 70.
In an interaction, Limaye spoke about various issues, including NSE’s merger with MCX, the exchange’s plan on bringing its IPO and way forward in the co-location case
The renumeration for the April-November period of last financial year that she served at NSE was 3-fold more than Rs 7.87 crore she had earned in the entire 2015-16. Ramkrishna, who was with the NSE since its inception in 1992, had quit as the Managing Director and CEO of the country's premier bourse on December 2 last year.
Limaye has been relieved by the Supreme Court of his responsibilities at Board of Control for Cricket in India (BCCI) with immediate effect, NSE said in a statement.
Limaye was appointed to a panel, set up by Supreme Court, to administer the Board of Control for Cricket in India (BCCI) and will hold that position till July 14. After that, he wished to be relieved from his BCCI duties.
Sunil Kakar appointed as the Managing Director and Chief Executive Officer of the for three years.
Leading exchange NSE today got market regulator Sebi's approval for appointment of Vikram Limaye as its next chief after he gets relieved from his duties at apex cricket body BCCI.
Limaye is expected to start his new innings sometime in June, people privy to the developments told CNBC-TV18.
With India's leading stock exchange getting ready for an initial public offering of shares, the algorithmic trading controversy may cast dark clouds as the matter still needs a closure.
Leading stock exchange NSE today received shareholders' approval for the appointment Vikram Limaye as its Managing Director and CEO.
The National Stock Exchange board is wary of its new CEO Vikram Limaye‘s Board of Control for Cricket in India‘s (BCCI) commitments and has approached Vinod Rai-led panel for same, sources said.
Newly appointed NSE chief Vikram Limaye will get a pay package nearly double the combined salaries drawn by the CEOs of rival exchanges BSE and MSEI in the last fiscal.
IDFC chief Vikram Limaye was on Wednesday appointed as the Chief Executive and Managing Director of the National Stock Exchange. Listing out his priorities once his appointment get SEBI nod, Limaye said NSE IPO will figure in his near-term priorities.
The country's largest bourse is gearing up for its much-awaited initial public offering this year.
Speaking to CNBC-TV18 Vikram Limaye said that the impact of currency ban impacts two things in the infrastructure sector i.e. the toll stoppage and construction will be hampered with respect to execution of projects and pay labour.
Vikram Limaye, MD & CEO of IDFC is bullish on IDF being able to finance all infra projects in the country and says it has a potential of becoming a large NBFC.
Newest private sector lender IDFC Bank posted a net profit of Rs 242.16 crore for the December quarter, and said it will focus on expanding its priority sector lending book.