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May 6, 2024
Padala Subbi Reddy, the outgoing chief executive of Indias largest commodities derivatives exchange, recalls a rather turbulent phase for the bourse as it scrambled to transition its technology vendor amid the pandemic lockdowns
December 1, 2023
/PRNewswire/ -- The Algorithmic Trading Market size is estimated to increase by USD 11.19 billion, accelerating at a CAGR of 12.23% between 2022 - 2027. The...
September 29, 2023
MCX shares slipped 9% to Rs 1914.60 in early trade today after market regulator SEBI imposed a temporary suspension on the planned launch of its new tech platform.
September 28, 2023
The commodity exchange, which was launched in 2003, said that a mock session ahead of the commodity derivative platform launch has been fixed on October 2, 2023.
September 25, 2023
MCX share price: On BSE, around 1.45 lakh shares changed hands at the time of writing this story. The figure was lower than the two-week average volume of 51,000 shares. Turnover on the counter came at Rs 27.46 crore, commanding a market capitalisation (m-cap) of Rs 9,827.39 crore. The scrip has gained around 32 per cent in the year so far and 56 per cent in a year.
July 7, 2023
The global algorithmic trading market is anticipated to grow at a CAGR of 8.5% during the forecast period (2023-2030).
June 30, 2023
Despite assurances from MCX management that the exchange was progressing towards a complete transition to the new trading platform by the end of June, investors were taken aback.
June 30, 2023
MCX share price: MCX has repeatedly failed to switch to a new trading platform within stipulated deadlines. The stock today slumped 12.48 per cent to hit a day low of Rs 1,437 over its previous close of Rs 1,641.85.
June 29, 2023
Get latest articles and stories on Latest News at LatestLY. Commodity exchange MCX has decided to extend its software support contract with 63 moons technologies, the former promoter of the bourse, after repeatedly failing to transition to a new trading platform within stipulated deadlines. Latest News | MCX Extends Software Support Contract with 63 Moons Again.
June 27, 2023
Miri Strategic Emerging Markets Fund LP, the hedge fund owned by US-based Miri Capital Management LLC, has bought an additional 0.77 percent stake in the technology services firm