MCX-SX signs up 700 members for new equity exchange

MCX Stock Exchange (MCX-SX) has signed up 700 members for its new equity exchange, which is likely to open around Diwali. The response to MCX-SX is significant considering that NSE, India's biggest exchange by volume, launched its exchange with 140 members in 1994. BSE commenced operations in 1875 with 318 members. MCX-SX, which currently operates only in currency derivatives segment, had announced the launch of its membership d...