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Financial Technologies-promoted MCX Stock Exchange (MCX-SX) expects to begin trading with about 1,000-1,200 stocks once it commences operations around Diwali.
According to Jignesh Shah, Vice-Chairman, MCX-SX, will initially list liquid stocks of the BSE and the NSE under permitted category. “Though the research team is still working on this, the number of scrips could be 1,000-1,200 out of some total 5,500 scrips listed in other bourses,” Joseph Massey, Managing Director and CEO, said at a roadshow conducted for membership drive here on Thursday.
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