Metropolitan Stock Exchange of India (formerly MCX Stock Exchange) has appointed its interim Managing Director & CEO Udai Kumar as MD & CEO after receiving necessary approvals from securities regulator SEBI. The SEBI approval comes after a stringent short-listing process and interviews by the Selection Committee to select a suitable candidate for the role.
A veteran of the capital and financial markets, Kumar has over two decades of rich experience in stock exchange administration, capital markets, fund-raising, restructuring and merger and acquisition functions.
Did You Know?
- Metropolitan Stock Exchange of India Ltd. (MSEI), formerly known as MCX Stock Exchange Ltd. (MCX-SX), is India’s youngest and one of the three stock exchanges recognized by country’s securities market regulator – Securities and Exchange Board of India (SEBI).
- It offers an electronic, transparent and hi-tech platform for trading in Capital Market, Futures & Options, Currency Derivatives, Interest Rate Futures (IRF) and Debt Market segments.
- MSEI was selected as the ‘Stock Exchange of the Year – Asia’ in the European Asia Awards 2014.
- MSEI has the best in class automated screen based trading system, which is hosted on a fully fault tolerant Stratus ftServer. Stratus ftServer delivers an up-time of 99.999% providing continuous availability.
- MSEI is headquartered in Mumbai.
- Thomas Mathew T is the present Chairman.
