Sebi assures MCX-SX members' interests will be protected

Amid the continuing payment crisis at National Spot Exchange Ltd (NSEL), Securities and Exchange Board of India (Sebi) Chairman U K Sinha on Tuesday assured that the interests of everyone trading on MCX-SX would be protected.

Sebi also emphasised it had already taken certain steps to ensure safeguarding of investor interests. Both MCX-SX and NSEL are promoted by the Jignesh Shah-led Financial Technologies.