Friday, May 23, 2014

P K Singhal appointed as interim CEO of Multi Commodity Exchange of India (MCX)

Multi Commodity Exchange of India (MCX) has appointed P K Singhal as its interim CEO.
“The MCX board, at a meeting yesterday, appointed P K Singhal as interim CEO of the exchange.”
The key post had fallen vacant on April 30, when its Managing Director and CEO Manoj Vaish resigned citing “health reasons.”
The Multi Commodity Exchange of India Limited (MCX) is India’s first listed exchange, with state-of-the-art, commodity futures exchange that facilitates online trading, and clearing and settlement of commodity futures transactions. The Exchange, which started operations in November 2003, operates within the regulatory framework of the Forward Contracts (Regulation) Act, 1952.