MCX Gains; RBI Allows Foreign Investors In Forex Derivatives

Shares of Multi Commodity Exchange (MCX) gained 2.1 per cent after the Reserve Bank of India said foreign investors can participate in the domestic foreign exchange derivatives market to the extent of their underlying exposure plus up to $10 mln.

Multi Commodity Exchange operates currency futures exchange MCX-SX.

Copyright: Thomson Reuters 2014

Shares of Multi Commodity Exchange (MCX) gained 2.1 per cent after the Reserve Bank of India said foreign investors can participate in the domestic foreign exchange derivatives market to the extent of their underlying exposure plus up to $10 mln.

Multi Commodity Exchange operates currency futures exchange MCX-SX.

Copyright: Thomson Reuters 2014

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