BNP Paribas Arbitrage has purchased 640,000 shares of Multi Commodity Exchange of India (MCX) through an open market transaction valuing the deal at Rs 15.47 crore. The shares were purchased at an average price of Rs 241.79 on National Stock Exchange (NSE) on August 16, 2013.
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.