Business
October 24, 2023
3 min

India's markets regulator permits MCX to launch new derivatives platform - ZAWYA

India's Multi Commodity Exchange of India (MCX) has received approval from market regulator SEBI to launch its commodity derivatives platform, which was put on hold last month. SEBI had previously asked MCX to drop its plans, but after further investigation, SBI's technical advisory committee recommended that MCX can proceed with the launch. This decision comes after investor group Chennai Financial Markets and Accountability raised concerns about MCX's technical support.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry