MCX rises as MCX-SX starts mock trading
On Monday, MCX-SX conducted mock testing session for its capital market segment to familiarise participants with this new trading platform.
Multi Commodity Exchange of India (MCX) has rallied over 5% to Rs 1,560 after the country's newest stock exchange MCX Stock Exchange (MCX-SX) conducted a mock testing session for its capital market segment on Monday to familiarise participants with its new trading platform.
"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.
The stock opened at Rs 1,485 and hit a high of Rs 1,567 on the BSE. A combined 158,502 shares have already changed hands on the counter in morning deals against an average sub 250,000 shares that were traded daily in past two weeks.