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Mumbai, Oct. 28 MCX–SX, the currency futures exchange promoted by Financial Technologies and MCX, has tied up with IndiaTimes to launch real-time price update on currency futures via SMS.

The price update through SMS will be in the form of an auto-reply messaging service, which allows a mobile phone user to obtain price information on the currency futures being traded on MCX–SX.

Users have to send SMS to a short code number 58888, and they will automatically receive the relevant rates.

The service will benefit users of the MCX-SX currency futures platform and the entire currency ecosystem by way of real time rate updates anytime and at any place, said a MCX-SX spokesperson.

A user has to send MCX-SX USDINR to 58888. As there are two months contract being traded on the exchange, a reply will automatically be sent as MCXSX USDINR OCT08 LTP 47.8975, NOV08 LTP 48.1000.

For prices on any specific month, a user has to SMS MCX-SX USDINROCT to 58888. An auto reply MCXSX USDINR 27-OCT-08 Buy Price-47.8600 Sell Price-47.8975 LTP-47.8975 High Price-48.6850 Low Price-47.8400 will appear on the mobile phone.

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