MCX-SX conducts mock trading

Last Updated: Tue, Nov 20, 2012 05:34 hrs
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MCX Stock Exchange (MCX-SX) on Monday conducted a mock testing session for its capital market segment to familiarise participants with this new trading platform, the exchange said.

MCX-SX said, their mock testing session, held from 5 pm to 7 pm on Monday, coincided with the auspicious

Chhat puja, an important festival for people from the states of Uttar Pradesh and Bihar.

"MCX-SX is commencing its journey to create a new history in India's financial markets assumes a greater importance with the mock testing coinciding with this pious festive season. MCX-SX is in complete state of readiness to go live and the Exchange would commence operations in equity trading as soon as it reaches the critical mass of registering 350 members," a release said.

Joseph Massey, MD & CEO of MCX-SX, said, "It is indeed a momentous occasion for us. We have committed ourselves to bring about a meaningful change in India's financial markets and enhancing efficiencies to cater to the diverse needs of Indian investors and the industry. We will work continuously to realise the regulators and government's vision of financial inclusion and 360-degree development of our markets."

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