Moving very closure to the launch of India's newest stock exchange platform, MCX - SX (MCX Stock Exchange) has got the commencement certificate from SEBI (Securities and Exchange Board of India) to go live with its trading operations as a full-fledged bourse.The commencement certificate is the final go ahead from SEBI for MCX - SX to go live in new product segments such as equity, bonds and interest rate derivatives, the exchange said.
MCX - SX, the 3rd equity exchange in India, is likely to begin in January, 2013 exchange sources said .MCX-SX now provides trading platform for only currency derivatives segment and would become a full fledged stock exchange after launch of other segments like equity, equity derivatives, bonds and interest rate derivatives. After going live, MCX - SX will compete with other exchanges such as NSE & BSE.
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