Metropolitan Stock Exchange to shut its clearing corporation

Last Updated: Wednesday, August 26, 2015, 21:09

The Metropolitan Stock Exchange of India Ltd (MSEI), formerly known as MCX Stock Exchange Ltd (MCX-SX), plans to shut its clearing corporation and tie up with another exchange for handling the trade clearing services. MSEI has already written to the Securities and Exchange Board of India (Sebi) for seeking regulatory approval.

Gold will rebound only if long dollar trade is unwound

Last Updated: Tuesday, August 18, 2015, 18:36

It is very likely that the day the Fed announces its first rate hike, gold will be in the green, provided the dollar long trade is unwound.

Gold price ticks up, but still below Rs 25,000-level in India

Last Updated: Monday, August 10, 2015, 10:23

Gold prices moved up marginally by Rs 17 to Rs 24,912 per ten grams in futures trade Monday.

MCX reports Rs 34.26 cr loss in April-June

Last Updated: Saturday, August 8, 2015, 22:16

The exchange had reported a standalone net profit of Rs 23.40 crore in the same period of last year.

MCX to launch Gold Global futures contract

Last Updated: Monday, July 13, 2015, 20:22

Multi Commodity Exchange of India (MCX) Monday said it will launch the Gold Global futures contract Tuesday.

Bombay High Court restrains MSEI from cancelling MCX warrants

Last Updated: Sunday, July 12, 2015, 16:48

In an interim order, the Bombay High Court has restrained Metropolitan Stock Exchange of India (MSEI) from cancelling or extinguishing warrants worth Rs 41.60 crore held by the commodity bourse MCX.

Gold advances on modest buying support; silver falls

Last Updated: Saturday, June 27, 2015, 15:42

Standard gold (99.5 purity) edged up by Rs 15 to finish at Rs 26,385 per 10 grams from Friday's closing level of Rs 26,370.

FTIL floats EoI to sell 23% stake in MCX-SX CCL

Last Updated: Friday, June 26, 2015, 19:17

Financial Technologies of India Ltd (FTIL) has begun the process of selling its 23 percent stake in MCX-SX Clearing Corporation in order to comply with market regulator Sebi's order.

Gold slips on subdued demand amid global sluggishness

Last Updated: Saturday, June 20, 2015, 16:04

Standard gold (99.5 purity) fell by Rs 40 to settle at Rs 26,785 per 10 grams from Friday's level of Rs 26,825.

Gold at over two-week high on global cues, jewellers buying

Last Updated: Friday, June 19, 2015, 14:47

Extending yesterday's rise, gold prices rose by another Rs 75 to trade at over two-week high of Rs 27,200 per 10 grams at the bullion market on Friday

MCX invites bid for sale of its warrants in MSXI

Last Updated: Thursday, June 11, 2015, 17:24

Shares of MCX rose marginally to close at Rs 986.70 on the BSE.

Gold falls Rs 320 this week

Last Updated: Saturday, June 6, 2015, 17:10

Gold suffered its biggest fall in nearly two-months on the back of heavy unwinding from jewellery stockists and savvy traders as well as lack of local buying support at existing levels.