Monday, 30 March 2009

NSE stake in MCX up for sale; LSE in talks with MCX's new exchange

NSE is reportedly interested in selling its 1% stake in MCX. Meanwhile London Stock Exchange is in talks with MCX SX. National Stock Exchange (NSE), one of the major stock exchanges in India, is planning to offload its stake in the Financial Technologies promoted commodity bourse, Multi Stock Exchange (MCX). NSE no longer sees any strategic importance in the investment in MCX, PTI

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