Page 45 - Multi Commodity Exchange News Today

Shares of Multi Commodity Exchange of India Ltd. advanced after the Securities and Exchange Board of India allowed it to go live with its proposed commodity derivatives platform. "SEBI has withdrawn its directions to MCX and MCXCCL to keep the proposed go-live of CDP in abeyance," according to an exchange filing. Multi Commodity Exchange Clearing Corporation Ltd., or MCXCCL, is a clearing corporation in the commodity derivatives market.

The market regulator had on September 29 instructed the exchange to postpone the scheduled launch of its new commodity derivatives platform, initially planned for the first week of October.

The approval comes after the SEBI had on September 29 asked the company to put on hold the proposed go-live of its new commodity derivatives platform planned for the first week of October.

Analysts see further upside for the metal as the war intensifies

Gold rate today: Gold holds great significance in India due to its cultural importance, investment value, and traditional role in weddings and festivals.

All the sectoral indices ended in the red with power, oil & gas, auto PSU Bank, metal, realty and capital goods down 1-3 percent.

India Business News: Shares of Multi Commodity Exchange (MCX) rose 2% after receiving approval from Sebi's tech panel to launch a new web-based commodity derivatives platf

MCX received approval of SEBI Technical advisory committee to go live with its commodity derivative platform (CDP)

Sebi asks MCX to propose a date to go live

India Business News: Multi Commodity Exchange of India (MCX) has received approval from the country's market regulator to launch its proposed commodity derivatives platfor