Mumbai exchange wants to put behind it a scandal involving a former owner
India’s commodity exchange MCX-SX has taken the
unusual step of changing its name to distance itself from a
scandal involving former backer Financial Technologies.
The Mumbai-based exchange said in an emailed statement on
Tuesday Indian regulator the Securities and Exchange Board of
India (Sebi) has approved the firm’s application
to change its name to the Metropolitan Stock Exchange of India,
abbreviated to mSXI.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.