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USX to start operations by end-Sep or early Oct

USX to start operations by end-Sep or early Oct
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First Published: Thu, Aug 20 2009. 12 13 AM IST
Updated: Thu, Aug 20 2009. 12 13 AM IST
Mumbai: United Stock Exchange of India Ltd (USX) hopes to get early approval from markets regulator Securities and exchange Board of India (Sebi) for trading in dollar-rupee currency futures, and is likely to commence operations by end-September or early October, an official close to the development said on Wednesday. “USX is expected to send its final approval proposal for the exchange to Sebi in two weeks. Depending on when the regulatory approval is in place we will launch operations by either end-September or in the first half of October,” he said.
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First Published: Thu, Aug 20 2009. 12 13 AM IST
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