MSEI

Detects breach of clearing fee rules, issue of contracts without bidding process and vendor payments without supporting bills

MSEI has engaged the services of forensic auditor for the purpose of examination, including on assessing the actual magnitude of fraud

A mock-test to be conducted with brokers first before taking any decision on the matter

MSEI aims to boost its volumes

The exchange introduced contracts in interest rate futures, started trading in sovereign gold bonds

Enforcement sleuths have sought remand copy and investigation details from the CBI, which is currently probing the case

It is the third Indian stock exchange that operates in equity, equity derivatives, debt, currency derivatives and interest rates derivatives

The tussle between the two exchanges started in October 2008 when MSEI (then MCX-SX) launched its currency derivatives segment

MSEI has listed over 130 companies and is in the process getting another 40 on its platform

It will position itself as an exchange for alternative financial asset class, like currency, interest rate futures, bulk and block deals and ETFs