NYSE Euronext is considering a fresh bid to sell its nearly 5 per cent stake in Multi Commodity Exchange, after an earlier attempt failed in March this year.

NYSE Euronext, which runs leading bourses in the US and Europe, holds 4.79 per cent stake in MCX and its stake is currently valued at over Rs 200 crore.

According to investment banking sources, NYSE Euronext will soon make a fresh attempt to sell its stake, either in part or full, depending on the market conditions.

The sale would most probably be carried out through an open market transaction and would be part of NYSE Euronext’s stated objective to monetise non-strategic assets across the world.

The exchange had bought about 5 per cent stake in MCX for about Rs 240 crore in June 2008.

Earlier, it has said in an investor presentation that its MCX stake sale was expected to be concluded in the first half of 2013.

When contacted, an NYSE spokesperson did not offer any fresh comments and said that the company management had addressed the query during its earnings call in February.

At that time, NYSE Euronext’s Group Executive Vice-President and CFO Michael S. Geltzeiler had said that the company was continuing to deliver on its commitment to optimise the business portfolio with “the planned sale of all or part of our MCX stake” among other steps.

NYSE Euronext is a leading global operator of financial markets and provider of innovative trading technologies. The company’s exchanges in Europe and the US trade equities, futures, options, fixed-income and exchange-traded products.

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