Monday June 3 2013
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
On 2 May 2013, MCX-SX commenced its listing services with three companies listing their securities on the Capital Market Segment of the Exchange — Dabur India Limited being the first company to come on board. With this, MCX-SX is now geared up to list shares of companies that are already listed on other exchanges and of those companies proposing to come out with initial public offerings.
MCX- SX has a simple listing fee structure, which is attractively priced in comparison with other exchanges. The Exchange offers benefits such as no processing fee and no initial listing fee, which makes MCX-SX the most attractive venue for listing of securities. The Exchange charges only annual listing fees based on a very simplified and reasonable structure, which is significantly less than the existing industry average. This will translate into reduced cost of issuance and continuous listing for the companies listing on MCX-SX.
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