NSE, MCX likely to be in merger talks, says report
Updated : May 25, 2018 12:57 PM IST
India's National Stock Exchange (NSE) and Multi Commodity Exchange (MCX) are in talks to merge ahead of the implementation of a universal exchange framework in October, the Business Standard newspaper reported on Friday.
NSE and MCX, India's top stock and commodities exchanges, respectively, plan to approach the markets regulator Securities and Exchange Board of India (SEBI) as early as this month, the paper said, citing an unnamed official.
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