Metropolitan Stock Exchange.December 22, 2020
Metropolitan Stock Exchange
The Metropolitan Stock Exchange is one of India’s nine stock exchanges recognised by the Securities and Exchange Board of India (SEBI).. The Exchange was notified of a “recognized stock exchange” under Section 2(39) of the Companies Act, 1956 by the Ministry of Corporate Affairs, Govt. of India, on December 21, 2012. The exchange’s shareholders are some of India’s top public sector banks, private sector banks, and domestic financial institutions.
Currency: Indian rupee (₹); futures contracts (USD-INR, EUR-INR, GBP-INR, JPY-INR) & IRFCEO: Latika S Kundu (12 Mar 2020–)Founded: 2008Location: 4th floor, Vibgyor tower, Opposite Trident Hotel, Bandra-Kurla Complex, Mumbai, India- PIN: 400098Type of business: Stock exchangeSubsidiary: Metropolitan Clearing Corporation of India Limited.
Will MSEI get listed :
MSEI is not yet a listed company in Indian stock exchanges, NSE and BSE. But it’s Limited company hence MSEI has got Unlisted Shares which trade quite significantly in the grey market or off-market.
What is the full form of MSEI :
Metropolitan Stock Exchange of India Limited (MSEI) is a full-service national level Stock Exchange with a license to operate in Equity, Equity Derivatives, Currency Derivatives, Debt, and SME Platform.
How many stock exchanges are there in India in 2020 :
There are 23 stock exchanges in India. Among them, two are national level stock exchanges namely BSE and NSE.