Sebi had mandated commodity exchanges impose concentration margin with increase in open interest positions
This will be based on contracts in which the open interest value exceeds the threshold value of Rs 250 crores
Company Secretaries' institute hosts 44th national convention in Gujarat
MCX on Tuesday issues a circular levying additional margin of 2% with effect from November 9
The Exchange's market share in commodity derivative space has increased to 89.49% as against 84.13% in Q2 FY2016
At the MCX, cardamom for delivery in Dec fell by Rs 7.50, or 0.65 % to Rs 1,150 per kg in a biz turnover of 3 lots
The stock was up 5% to Rs 1,420 on the BSE in intra-day trade after the RBI said that FIIs can now invest up to 34% in the company.
To enable MCX to transfer functions of clearing and settlement of trades to a separate clearing corporation
The stock hit intra-day high of Rs 1,400 on BSE, surging 51% from its recent low of Rs 928 touched on Sep 12.
Apart from the increase in transaction charges, the exchange stands to gain from a nod to launch new products such as commodity options
The new charges will be effective from October 1
The stock rallied 10% to Rs 1,181 on the BSE in intra-day trade, extending its 16% surge in past two weeks.
Envisages to develop Mozambican commodity markets ecosystem, which consists of varied products to deliver better value for the stakeholders
A market leader entering the stock markets bodes well for its peers. Shares of MCX, a commodity bourse, have rallied over 10 per cent since the Bombay Stock Exchange and the National Stock Exchange set the ball rolling on their listing plans earlier this month. A similar trend was seen when airline company IndiGo's parent, InterGlobe Aviation, hit the capital markets last year, triggering a big rally in the shares of Jet Airways and SpiceJet. "It takes a market leader to unlock the true potential in terms of valuation," said a market expert.
Had 23% increase in total revenue to Rs 93.8 crore for the quarter ended on June from a year before
The stock rallied 9% to Rs 1,047, its highest level since August 2015 on the BSE.
To launch castor seed and black pepper soon; proposals on various stages of approval
The stock was up 7% to Rs 917 on the BSE in noon deal in otherwise subdued market.
The company's net profit (consolidated) for the year ended FY16 fell to Rs 42.4 cr from Rs 125.4 cr in the year-ago period
A sectoral official says the issue might be resolved, as the indices are yet to commercially used