MCX surges on signing up 63 moons for technology solutions
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MCX is currently trading at Rs. 1250.45, up by 31.65 points or 2.60% from its previous closing of Rs. 1218.80 on the BSE.
The scrip opened at Rs. 1230.00 and has touched a high and low of Rs. 1259.00 and Rs. 1230.00 respectively. So far 24880 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2134.90 on 14-Oct-2021 and a 52 week low of Rs. 1142.40 on 16-May-2022.
Last one week high and low of the scrip stood at Rs. 1259.00 and Rs. 1156.05 respectively. The current market cap of the company is Rs. 6405.40 crore.
The Institutions holding in the company stood at 75.44%, while Non-Institutions held 24.56%.
Multi Commodity Exchange of India (MCX) has signed up 63 moons technologies for technology solutions beyond September 30, 2022. 63 moons technologies (formerly Financial Technologies) has agreed to a fresh arrangement, as per new terms of engagement, for Software Support Services to the exchange for a period of three months commencing October 1, 2022. All existing support and service levels to be offered to benefit trading members which they have been enjoying since inception of MCX.
The software support and maintenance agreement between 63 Moons and MCX, which was last amended on September 27, 2014 has ended on September 30, 2022. In view of new arrangement, trading community now can continue to enjoy seamless trading experience beyond September 30, 2022.
MCX is the leading commodity bourse, largely offers futures trading in nonagricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.
