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MCX to pick up to 24% equity stake in CDSL led Commodity Repository

16 Jan 2017 Evaluate

Multi Commodity Exchange of India (MCX) has received an approval for acquisition of equity stake up to 24% in the proposed CDSL led Commodity Repository. The board of directors at its meeting held on January 13, 2017 has accorded its in-principle approval for the same.

MCX, the leading commodity bourse, largely offers futures trading in non-agricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.


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