Multi Commodity Exchange of India (MCX) promoted MCX Stock Exchange (MCX-SX), the new stock exchange, has crossed the Rs 1,000 crore turnover mark on its derivatives segment within two-month of its launch. The flagship index ‘SX40’ which launched derivatives trading on May 15 has reached a turnover of Rs 1,162.82 crore.
SX40 volumes have witnessed a strong and steady growth in its Futures and Options (F&O) segment since live trading begun on May 15, crossing the Rs 500 crore mark within less than a month on June 5 and Rs 700 crore on June 7, 2013, followed by Rs 1,000 on June 28, 2013.
MCX-SX is the third full-fledged equity bourse after BSE and NSE. Earlier this month, its equity and equity derivatives segment turnover has touched Rs 1,000 crore.
