MCX Stock Exchange

MCX Stock Exchange - MCX-SX

MCX Stock Exchange Limited (MCX-SX), branded as India’s new stock exchange, is set to launch equity segment from Diwali, according to exchange sources.Earlier in 2008, MCX commenced operations in the Currency Derivatives (CD) and has been witnessing a steady and significant growth in average daily turnover and open interest ever since its inception. It has a separate clearing corporation, MCX-SX Clearing Corporation Ltd. (MCX-SX CCL), through which the clearing and settlement is conducted.

The currency derivatives segment at MCX-SX is supported by a strong membership base and witnesses a nation-wide participation. At the end of July 2012, MCX-SX had 751 members and saw participation from 714 towns and cities across India. MCX-SX has received permissions to deal in Interest Rate Derivatives, Equity, Futures & Options on Equity and Wholesale Debt Segment.

Following its success in Currency futures, MCX is all set to launch its equity operations from Diwali. What does this mean for an investor and trader?

MCX-SX is planning to offer competitive membership fees, which could trigger a price war causing the BSE and the NSE to revise their membership fee structure. This would help in reduced transaction charges for the investor and trader. Just like Bombay Stock Exchange BSE and National Stock Exchange NSE, investors and trader could buy and sell stocks, futures and options in MCX-SX. It's just that your broker has to be a member of MCX-SX and surely, leading brokers would provide trading facilities of MCX-SX, since the costs involved are going to be lesser than now.

Investor and traders, over the past 15 years are very much connected with BSE and NSE, but they are in for a change and it would be a new beginning for them.

Change is here, be part of it !

Just visit the new exchange here at MCX-SX.

Comments

Team Work - Meaning and Tips for better Team Work

A single brain is not always capable of making key decisions on its own. To come up with an efficient solution, an individual requires the help and advice of others. A team is established when individuals get together on a common platform with the common goal of completing a task. To guarantee optimum compatibility, team members should ideally come from similar backgrounds and have a single aim. To provide their best, the team members must complement each other and function as a single unit in tight cooperation. "There is no I in Team Work," as the saying goes, and each member must put the needs of his team first. Personal interests must take a second seat. Any team's performance is directly proportionate to the relationship between its members and their combined efforts. What is the definition of teamwork? Teamwork is defined as the sum of each team member's efforts toward the fulfilment of the team's goal. In other words, any team's backbone is its ability t

Scientists discover a new theory / The fundamental property of light – 150 years after Maxwell

Light plays a vital role in our everyday lives and technologies based on light are all around us. So we might expect that our understanding of light is pretty settled. But scientists have just uncovered a new fundamental property of light that gives new insight into the 150-year-old classical theory of electromagnetism and which could lead to applications manipulating light at the nanoscale. It is unusual for a pure-theory physics paper to make it into the journal Science. So when one does, it’s worth a closer look. In the new study, researchers bring together one of physics' most venerable set of equations – those of James Clerk’s Maxwell’s famous theory of light – with one of the hot topics in modern solid-state physics: the quantum spin Hall effect and topological insulators . To understand what the fuss is about, let’s first consider the behaviour of electrons in the quantum spin Hall effect. Electrons possess an intrinsic spin as if they were tiny spinning-tops,

19 Types Of Content Writing Services For Your Business

It’s hard to know which type of content writing service is the best for your business. There are so many different types of content writing services out there that it’s easy to get confused. You end up wondering if you’re choosing the right one for you. In this post, we’ll get rid of this confusion, once and for all. I’m going to list out the different kinds of writing services you could use. By the end of this article, you’ll know whether you need a copywriter, a content writer, or a social media marketer and how they can help you achieve your business goals. This post is also useful for writers who want to hone their writing skills in a specific area. Let’s dive in and learn what types of content writing services exist and when you should use them. (Bonus – if you want to hire the top 1% of writers, go to the bottom to learn how). Types of Content Writing Services As we go through the list of content writing services, you will find that many of them overlap. That’s perfectly

The LimitlessX - Get Tech Science News around the Globe

Search This Blog