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  • Tuesday 29 July 2014

    Refer from - http://moneycontrol.com

    The country's newest stock exchange MCX-SX's name is going to change soon. Jignesh Shah created, the name of the Exchange Jignesh Shah has decided to do away with. According to sources, the MCX-SX Board Exchange Market regulator SEBI has sent a proposal for two new names.

    Sources of the MCX-SX board has agreed on two new names. Multi Commodity Exchange MCX-SX board plans to rid the image of the brand. So MCX-SX behalf of the Board of the New Age Stock Exchange and the International Stock Exchange is expected to put the seal on a name.

    According to sources, the MCX-SX may shift its head office and servers. Bandar-Kurla Complex to Andheri rates may shift. From the MCX-SX will also recruit new employees. MCX-SX is planned to raise up to Rs 500 crore.

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