MCX-SX to launch live trading on February 11

On February 9, 2013, the equity and equity derivative segment of MCX Stock Exchange (MCX-SX) will be launched by Finance Minister P. Chidambaram. Adding further, MCX-SX got 700 applications for new membership out of which 270 membership applications have already been registered by Securities and Exchange Board of India ( SEBI). The company said in a statement that MCX-SX will start live trading two days later from February 9. On December 19, 2012, MCX-SX got 'commencement certificate' for trading in new segments such as equity, futures and options on equity, interest rate derivatives and wholesale debt market by SEBI. Further, on December 21, 2012, the ministry of corporate affairs had granted the status of a 'recognized stock exchange' to MCX-SX. In today's trade, MCX closed at Rs1411.55, up by 3.44%, with a volume of 0.33 lakh shares on the BSE.