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MCX-SX gets SEBI approval to launch Fresh Contracts

Saurabh Sarkar, Managing Director and Chief Executive Officer, MCX-SX -

Saurabh Sarkar, Managing Director and Chief Executive Officer, MCX-SX -

Securities and Exchange Board of India (SEBI) today has accorded its approval to MCX Stock Exchange Limited (MCX-SX) to launch fresh contracts.

This has paved the way for the Exchange to launch all contracts in Currency Futures, Currency Options, Interest Rate Futures, Equity and Index Derivatives. The said approval will allow members to take positions in all new contracts.

Mr. Saurabh Sarkar, MD & CEO, MCX-SX said that “With this positive development, the last of the clouds have cleared from the Exchange. We thank all those who have helped us sail through severe turbulence. From here on, our focus will be to provide a world class experience to our members and their clients who trade or hedge any asset class on our Stock Exchange”.

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