Can BSE challenge MCX’s monopoly in commodities trading?3 min read 17 Nov 2014, 08:10 PM IST
Despite the large number of exchanges in the commodities space, MCX has no competition
It’s been about 15 months since the National Spot Exchange Ltd (NSEL) scam rocked India’s commodity markets. Multi Commodity Exchange of India Ltd’s (MCX’s) volumes have fallen sharply, both as a result of the scam as well as the imposition of commodity transaction tax since July 2013.
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