Metropolitan Stock Exchange of India Ltd.
MCX Stock Exchange Limited (MCX-SX) has been rechristened as Metropolitan Stock Exchange of India Limited (MSEI)
Metropolitan Stock Exchange of India Limited (MSEI), formerly known as MCX Stock Exchange Limited (MCX-SX), is India’s youngest and one of the three stock exchanges recognized by country’s securities market regulator – Securities and Exchange Board of India (SEBI). It offers an electronic, transparent and hi-tech platform for trading in Capital Market, Futures & Options, Currency Derivatives, Interest Rate Futures (IRF) and Debt Market segments.
The exchange was founded with commitment to financial literacy, social inclusion and market development guided by the philosophy of ‘Information, Innovation, Education and Research’ as the four cornerstones. Since inception, we have worked aggressively in spreading awareness, providing good competition to established exchanges and bringing market innovation to the market to cater to the financial needs of the hedgers, traders and investors. Investors at the MSEI include top domestic banks and financial institutions.
MSEI has a large pan-India presence across cities and towns with 950 registered members and they constitute the diversified market participants. The Exchange has carved out its own space through superior customer service, product innovation, cutting edge technology and aggressive investor awareness campaigns. It was selected as the ‘Stock Exchange of the Year – Asia’ in the European Asia Awards 2014.
MSEI’s current shareholders include India’s top public sector banks, private sector banks, top investors and domestic financial institutions. The Exchange is professionally managed with high level of corporate governance and operates in extant regulatory environment and subject to yearly audit / inspection by SEBI and that ensures utmost transparency in its operations. Being one of the youngest and the most aggressive stock exchange in India, in a short span of six years of operations, it has established a reputation for innovation, customer service and market development. In its pursuit to provide more products and services to the investor and traders and develop the financial ecosystem of the country, the Exchange has plans to focus on various innovative products.
Some of the innovations that distinguishes MSEI from the other market players consist of its unique corporate services, differentiated debt and IRF platforms, sectoral and thematic tradable indices, weekly cash settled derivatives contracts and limited membership to mutual fund distribution.