Financial Technology is doing its bit to give competition to the established players. It has been able to build the largest commodity exchange in India and has become the largest energy exchange in India. Now time has come for it to give challenge to NSE and BSE on their own turf by launching the Small exchange. Have a look at the below screenshot which will tell you all about the possible potential in the company. Time will tell if it can take NSE and BSE by bulls horn. However it will definitely help to reduce the brokerage and fees for becoming a broker. MCX –SX exchange is being inaugurated on 09 Feb 13.
More exchanges means more participation by retail trader and more people can benefit with the sure tip of the day to make some extra quick buck.