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This is an archive article published on November 3, 2012

MCX to start equity trading after Nov 18

MCX-SX,Indias new stock exchange,will formally launch trading in equity,equity futures and options and other segments once it gets 350 trading members connected to its systems

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MCX-SX,Indias new stock exchange,will formally launch trading in equity,equity futures and options and other segments once it gets 350 trading members connected to its systems.

In a statement issued on Friday,the exchange said it would inaugurate technology infrastructure on Labh Pancham November 18,which is celebrated on the fifth day after Diwali. It did not specify a target date for the launch.

It has received over 700 membership applications,but did not mention how many members it had approved or connected to its trading systems.

 

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